The prospect, which was abandoned since 2007, has been explored from last month with new ground resistivity and gravity geophysical surveys along the Maguire conductive trend, located in the centre of the NW Manitoba site.
The company found multiple mineralized zones with surface showings of high-grade uranium at more than 1% U3O8, rare earths (REE) and molybdenum mineralization across numerous mineralized belts.
The company noted the project covers majority area of the Wollaston Belt in the Province of Manitoba, which was identified with uranium-rich basement rocks associated with the Athabasca uranium deposits intermittently coming to surface.
CanAlaska VP – exploration Karl Schimann said the advantage of the NW Manitoba project is that we see these basement rocks on surface, as any overlying sandstone and cover rock has previously been stripped-off by ice action.
"The geophysical results have strongly highlighted the most prospective drill targets on Grid 2 of the Maguire conductive trend," he added.
"The proliferation of uranium boulders on surface confirms the high uranium discovery potential of the project."
The Maguire conductive trend hosts lower Wollaston Group rocks in antiformal position, partly with slivers of Archean gneisses and the linear magnetic response is broken by crosscutting structures in six places along its 35km strike length.
CanAlaska stated the gravity anomalies in the Maguire conductive trend are similar or stronger, than the recently discovered basement-hosted unconformity deposits in the Thelon Basin in Nunavut, where several such deposits have been found away from the sandstone cover.
