CanAlaska's Partner Company Bayridge Resources Initiates First Exploration Programs On Constellation and Waterbury East Projects
CanAlaska's Partner Company Bayridge Resources Initiates First Exploration Programs On Constellation and Waterbury East Projects
Airborne VTEM Surveys Will Develop Basement and Unconformity-Associated Uranium Targets
VTEM飛行勘探將開發基底和不整合相關鈾礦目標。
Management Attending Investor Clubhouse at the RBC Open June 1, 2024
管理層將於2024年6月1日出席RBC公開賽投資者俱樂部。
Vancouver, British Columbia--(Newsfile Corp. - May 23, 2024) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7) ("CanAlaska" or the "Company") is pleased to announce its partner company, Bayridge Resources Corp. ("Bayridge"), has engaged Geotech Ltd. to undertake helicopter-supported Versatile Time-Domain Electromagnetic (VTEM) surveys on its Constellation and Waterbury East projects (the "Projects"). The purpose of the surveys is to identify and prioritize basement conductors, characterize lithological and alteration variations, and map the structural setting of the projects to support future drill targets. The Waterbury East Project is located in the northeastern Athabasca Basin 25 kilometres northeast of the Cigar Lake Mine and covers 1,337 hectares (Figure 1). The Constellation Project is located in the southeastern Athabasca Basin 60 kilometres south of the Key Lake Mine and Mill Complex and covers 11,142 hectares (Figure 2).
不列顛哥倫比亞省溫哥華-(新聞稿Corp-2024年5月23日)- CanAlaska鈾有限公司 (TSXV: CVV)。 (OTCQX: CVVUF) (FSE: DH7)("CanAlaska"或"公司")很高興宣佈其合作伙伴Bayridge Resources Corp.("Bayridge")已聘請Geotech Ltd.在其Constellation和Waterbury East項目("項目")上進行直升機支持的多用途時域電磁(VTEM)測量。該測量的目的是確定和優先考慮地下水泥岩層,描述巖性和蝕變變化,並繪製項目的結構設置以支持未來的鑽探目標。 Waterbury East項目位於Athabasca盆地東北部,距離Cigar Lake礦場25公里東北(圖1)。星座項目位於Athabasca盆地東南部,距離Key Lake Mine and Mill Complex 60公里南(圖2),佔地11,142公頃。
Waterbury East VTEM Survey
Waterbury East VTEM勘測
The Waterbury East project is underlain by geology favourable for both unconformity-hosted and basement-hosted uranium deposits. These deposits are typically associated with graphitic metasediments and structural zones that exhibit strong EM conductor responses. Historical airborne EM surveys on the Waterbury East project have defined an ENE-striking conductor across the property, with a depth to unconformity of approximately 200m.
Waterbury East項目的地質條件非常適合不整合型和基底型鈾礦牀。這些礦牀通常與具有強電磁導體響應的石墨質變質岩和構造帶有關。Waterbury East項目的歷史航空電磁勘測已經確定了一條ENE走向的導體,距離不整合面約200米。
The 2024 VTEM survey on the Waterbury East project is designed to better delineate the historically-defined ENE-trending conductor across the property at a higher resolution. The results from the VTEM survey will assist in defining exploration targets for future drill programs. The Company anticipates the survey to commence mid to late May.
在Waterbury East項目上進行的2024年VTEM勘測旨在更好地勾畫歷史上定義的ENE趨勢導體的位置,並以更高的分辨率展示整個項目。 VTEM勘測結果將有助於界定未來鑽井計劃的勘探目標。公司預計該勘測將在5月中旬至晚期開始。
Constellation VTEM Survey
Constellation VTEM勘測
The Constellation property has favourable geology for basement-hosted uranium deposits. The regional geology and magnetics have defined structural lineaments trending NNW and ESE, which could represent structural conduits between the Archean granite inlier and graphitic metasediments that have been mapped on the property. These types of structural zones typically act as pathways for hydrothermal activity. Historical NE-trending conductors have been outlined on the property and are under explored. None of these historical conductors have been drill tested. Strong EM conductors are proven targets associated with unconformity and basement-hosted uranium mineralization in and around the Athabasca Basin.
Constellation礦產具有基底型鈾礦牀的有利地質條件。區域地質和磁場已經定義了朝NNW和ESE方向的構造線aments,這些線aments可能代表Archean花崗岩內突出部和礦區範圍內的映射的石墨質變質岩之間的構造導管。這些類型的構造帶通常充當熱液活動的通道。礦區內已勾畫出歷史NE走向的導體,並且尚未得到足夠的開採。在Athabasca盆地內和周圍,強電磁導體是不整合型和基底型鈾礦化的已知目標。
The 2024 VTEM survey on the Constellation project will assist in delineating the location and trend of graphitic basement rock and any associated hydrothermal alteration zones with potential fault structures. The results from the VTEM survey will define exploration targets for future drill testing.
在Constellation項目上進行的2024年VTEM勘測將有助於勾畫石墨岩基底和潛在斷層結構及其伴生的相應熱液蝕變帶的位置和趨勢。 VTEM勘測的結果將爲未來的鑽探測試定義勘探目標。
CanAlaska CEO, Cory Belyk, comments, "Advancing these high-quality exploration assets in the Cigar Lake and Key Lake areas toward future drill programs targeting basement-hosted and unconformity-associated uranium mineralization is a great first step in evaluating the discovery potential of these areas. These Projects are geographically well positioned near operating mine and mill infrastructure. The uranium market fundamentals are gaining momentum and the uranium price is climbing against the backdrop of a multi-decade nuclear build-out that is needed by 2050 to meet the clean energy ambitions of global society."
CanAlaska CEO,Cory Belyk評論,“將這些位於Cigar Lake和Key Lake區的高質量勘探資產推向針對基底型和不整合型鈾礦化的未來鑽探計劃是評估這些區域發現潛力的一大步。這些礦區地理位置優越,靠近運營礦區和礦廠基礎設施。鈾市場基本面正在增強,鈾價格正在在全球社會實現清潔能源雄心的2050年之前需要的多十年核能建設的背景下攀升。”
Waterbury East and Constellation Option Agreements
Waterbury East和Constellation期權協議
The Company previously announced that it signed arm's length definitive agreements with Bayridge to allow Bayridge to earn up to an 80% interest in each of the Waterbury East and Constellation projects through a series of cash payments, share issuances, and exploration expenditures (see News Release dated March 26th, 2024). Each agreement has three defined earn-in stages.
公司此前宣佈與Bayridge簽署了定向協議,允許Bayridge通過一系列現金支付、股份發行和勘探支出在Waterbury East和Constellation項目中各獲得80%的權益(請參見2024年3月26日的新聞稿)。每份協議均有三個明確定義的分期收益階段。th,2024年)。每個協議都有三個明確的股份增資階段。
Other News
其他資訊
The Company will have management representatives at the Investor Clubhouse at the RBC Open on June 1, 2024 in Hamilton, Ontario.
公司將派出管理人員代表參加2024年6月1日在安大略省漢密爾頓舉行的投資者Clubhouse活動。
About CanAlaska Uranium
關於CanAlaska Uranium
CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7) holds interests in approximately 500,000 hectares (1,235,000 acres), in Canada's Athabasca Basin - the "Saudi Arabia of Uranium." CanAlaska's strategic holdings have attracted major international mining companies. CanAlaska is currently working with Cameco on the West McArthur JV project and Denison on the Moon Lake South JV project in the Eastern Athabasca Basin. CanAlaska is a project generator positioned for discovery success in the world's richest uranium district. The Company also holds properties prospective for nickel, copper, gold and diamonds. For further information visit .
CanAlaska Uranium Ltd.(TSXV:CVV)(OTCQX:CVVUF)(FSE:DH7)在加拿大Athabasca盆地擁有約500,000公頃(1,235,000英畝)的權益——“鈾的沙特阿拉伯”。“CanAlaska的戰略控股吸引了國際大型礦業公司。CanAlaska目前正在與Cameco共同開發西麥克阿瑟聯營項目,並與Denison合作開發東部Athabasca盆地的Moon Lake South聯營項目。CanAlaska是一個位於世界上最富有鈾區的項目發生器,定位於發現成功。該公司還擁有富有前景的鎳、銅、黃金和鑽石物業。欲了解更多信息,請訪問 。
The Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects for this news release is Nathan Bridge, MSc., P. Geo., Vice-President Exploration for CanAlaska Uranium Ltd., who has reviewed and approved its contents.
本新聞稿適用於Mineral Project的國家43-101披露標準的Qualified Person是CanAlaska Uranium Ltd.的副總裁勘探Nathan Bridge(MSc.,P.Geo.),他已經審查並批准了其內容。
Technical Disclosure: The historical results contained within this news release have been captured from Saskatchewan Mineral Assessment Database ("SMAD") reporting as available and may be incomplete or subject to minor location inaccuracies. Management cautions that historical results were collected and reported by past operators and have not been verified nor confirmed by a Qualified Person but form a basis for ongoing work on the subject properties. Management cautions that past results or discoveries on proximate land are not necessarily indicative of the results that may be achieved on the subject properties.
技術披露:本新聞稿中包含的歷史結果是從薩斯喀徹溫礦產評估數據庫(“SMAD”)中報告的結果,可能不完整或存在輕微的位置不準確性。管理層提醒,歷史結果是過去的運營方收集和彙報的,尚未得到合格人員的驗證或確認,但是形成了對相關資產持續工作的基礎。管理層提醒,毗鄰土地上的過去結果或發現不能必然證明可以在相關資產上獲得同樣的結果。
On behalf of the Board of Directors
"Cory Belyk"
Cory Belyk, P.Geo., FGC
CEO, President and Director
CanAlaska Uranium Ltd.
謹代表董事會
“Cory Belyk”
Cory Belyk,P.Geo。,FGC
首席執行官、總裁和董事。
CanAlaska Uranium Ltd.
Contacts:
聯繫人:
Cory Belyk, CEO and President
Tel: +1.306.668.6900
Email: cbelyk@canalaska.com
Cory Belyk,首席執行官和總裁
電話:+1.306.668.6900
電子郵件:cbelyk@canalaska.com
General Enquiry
Tel: +1.306.668.6915
Email: info@canalaska.com
一般查詢
電話:+1.306.668.6915
電子郵件:info@canalaska.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
TSX Venture Exchange及其監管服務提供商(如TSX Venture Exchange的政策中所定義)均不對此通告的充分性或準確性承擔責任。
Forward-looking information
前瞻性信息
All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These forward-looking statements involve numerous assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances. In addition, these statements involve substantial known and unknown risks and uncertainties that contribute to the possibility that the predictions, forecasts, projections and other forward-looking statements will prove inaccurate, certain of which are beyond the Company's control. Readers should not place undue reliance on forward-looking statements. Except as required by law, the Company does not intend to revise or update these forward-looking statements after the date hereof or revise them to reflect the occurrence of future unanticipated events.
本新聞稿中包含的所有涉及公司預期、信任或預計會或可能發生的未來活動、事件或發展的聲明均屬前瞻性聲明。這些前瞻性聲明基於公司根據其經驗、歷史趨勢感知、當前條件、預期未來發展以及其認爲在情況下適當的其他因素所作的衆多假設,還涉及大量可知和不可知的風險和不確定性,這些風險和不確定因素有助於使預測、預報、投射和其他前瞻性聲明證明不準確,其中某些因素超出了公司的控制範圍。讀者不應過度依賴前瞻性聲明。除法律規定外,公司不打算在此後修改或更新這些前瞻性聲明或重新修訂它們以反映未來的偶發事件。