CanAlaska Options Key Extension Uranium Project

Wednesday, September 15, 2021 - 1:30pm

Vancouver, British Columbia--(Newsfile Corp. - September 15, 2021) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) ("CanAlaska" or the "Company") is pleased to announce it has entered into a Letter of Intent ("LOI") with Durama Enterprises Limited ("Durama"), a private company, to allow CanAlaska to earn up to 100% interest in Durama's 100%-owned 17,665 hectare Key Extension Project in the Athabasca Basin region, Saskatchewan, Canada (the "Project") (Figure 1).

Key Points: 
  • The Key Extension Project lands cover the highly prospective Wollaston-Mudjatik transition zone (WMTZ) in the Southeastern Athabasca Basin (Figure 2).
  • CanAlaska CEO, Cory Belyk, comments, "CanAlaska is very pleased to acquire this option on the Key Extension Project.
  • The CanAlaska team is looking forward to the next phase of exploration on Key Extension."
  • CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) holds interests in approximately 214,000 hectares (530,000 acres), in Canada's Athabasca Basin - the "Saudi Arabia of Uranium."