Cashu Logo
HomeWatchlistNewsSignalsPicks
DJI
-0.32%
SPX
-0.01%
IXIC
+0.05%
FTSE
+0.22%
N225
-0.21%
AXJO
-1.11%
Cashu Logo
Log In
HomeWatchlistNewsSignalsPicks
Join our newsletter to keep up to date with us!
Cashu Logo Alt
Cashu is the #1 way to stay ahead of the markets, know why your favourite stocks are moving and access valuation signals that smash the market.

Company

  • About Us
  • Careers
  • Blog
  • News

Help & Support

  • Help Center
  • Contact Us
  • Pro Support

Legal

  • Privacy Policy
  • Terms of Use
InstagramYouTube

© 2024 Cashu PTY LTD.

CanAlaska Uranium Ltd. Discovers High-Grade Uranium at West McArthur Project

publisher logo
Cashu
1 day ago
Cashu TLDR
  • CanAlaska Uranium Ltd. reports high-grade uranium results from the winter 2025 drill program at the West McArthur project.
  • Notable drill hole WMA079-01 shows 8.6 meters at 34.59% U3O8, highlighting significant mineralization potential.
  • The company focuses on expanding its resource base amid increasing demand for uranium in the clean energy transition.
cvv.v Logo
CVV.V
CanAlaska Uranium Ltd
10.59%

CanAlaska Uranium Ltd. Uncovers High-Grade Uranium at West McArthur Project

CanAlaska Uranium Ltd. reports significant advancements in its exploration efforts at the Pike Zone of the West McArthur project following its winter 2025 drill program. The geochemical assay results reveal exceptionally high uranium grades, with some drill holes showcasing remarkable concentrations of U3O8. Notably, drillhole WMA079-01 intersects 8.6 meters at a striking 34.59% U3O8, including a section that boasts 5.5 meters at 53.90% U3O8. Another drill hole, WMA076-01, yields 14.8 meters at 14.71% U3O8, with 5.4 meters of that at 39.67% U3O8. These findings not only underscore the potential of the West McArthur project but also affirm CanAlaska's strategic focus on high-quality uranium exploration.

The drill program consists of 29 unconformity tests, with 22 confirming uranium mineralization, effectively extending the known strike length of unconformity-associated uranium to approximately 250 meters. The exploration of the C10S corridor has also yielded high-grade uranium intersections, contributing to an expanded mineralization footprint of an additional 50 meters to the west. The results indicate the presence of a 130-meter-long high-grade pod of uranium mineralization, signaling ongoing potential for further discoveries in this prolific area. This latest data strengthens CanAlaska’s position in the uranium sector, showcasing a robust hydrothermal mineralizing system that is still under evaluation.

Cory Belyk, CEO of CanAlaska, emphasizes the relevance of these assay results in demonstrating the high-grade nature of the mineralization at the West McArthur project. He conveys the company's commitment to delivering early and impactful results to shareholders, highlighting the strategic importance of the Pike Zone in CanAlaska's exploration portfolio. The promising outcomes from the winter 2025 drill program not only bolster investor confidence but also reinforce the company's long-term vision in the uranium market.

In addition to the impressive drill results, CanAlaska Uranium Ltd. continues to pursue further exploration activities aimed at expanding its resource base. The ongoing geological assessments and drilling campaigns are critical as the demand for uranium remains robust in the context of global energy transitions. As regulatory frameworks evolve and nuclear energy gains traction as a clean energy alternative, CanAlaska's strategic positioning and successful exploration initiatives position it favorably in the uranium sector.

The content provided here is for informational purposes only and should not be considered financial or investment advice. Investing in stocks carries risks, including potential loss of principal. Always do your own research and consult with a licensed financial advisor before making any investment decisions. We are not responsible for any losses or damages resulting from your use of this information.

More News

Feature in Progress
This section is under development. Check back soon for updates!