VANCOUVER, April 9, 2014 /CNW/ - CanAlaska Uranium Ltd.
(TSX – CVV) ("CanAlaska" or the "Company") is pleased to
announce that MPVC Inc. has received highly anomalous radon results
of a recently completed, land-based survey over the Maguire Lake
area. This is located within MPVC's Northwest Manitoba uranium project which was
recently optioned from CanAlaska.
Radon survey result highlights
The radon survey was undertaken using 3,550 cups from AlphaTrack
Services Ltd. every 25 metres along lines spaced 200 m apart
covering a three-by-10-kilometre area. This is one of seven
anomalous areas within the project previously outlined by
CanAlaska. This radon survey has defined a number of distinct
anomalies:
- Long linear trends, with strike lengths in some cases over four
km and approximately 100 to 200 metres wide; anomalies appearing to
be conformable to the other geophysical anomalies, such as the VTEM
and aeromagnetic data;
- Areas (approximately 400 by 800 metres) of significantly
elevated radon flux (in excess of three times background); a number
of these coincident with known gravity lows and resistivity lows
previously identified at Maguire Lake; largest anomalous zone
outlined located on the southeast shore of Maguire lake in an area
previously not known to be mineralized; values in this new zone
typically three to four times background with a high of 1,484
tracks per square millimetre (T/mm2) (10 times background);
- Islands within Maguire Lake; one island in particular appearing
to exhibit noticeable elevated radon levels and this island has
numerous mineralized boulders (up to 66 per cent triuranium
octoxide (U3O8)) on it as well as radioactive outcrops (up to 9.5
per cent U3O8); such mineralized outcrops evident on two of the
larger islands and both of these islands have elevated radon
values.
Property geology
This survey was conducted on a small portion of the
143,603-hectare project located along the Saskatchewan/Manitoba border. The licences are located
along an extension of a trend which contains most of the
significant uranium mines and deposits within Saskatchewan. An airborne VTEM survey of the
licences defined a 35 km long linear conductor traversing the
project which is interpreted to reflect a graphitic unit which
would be a strong reductant which is important for the formation of
uranium mineralization. The project area is underlain by rocks of
the lower Proterozoic-age Wollaston domain, comprising pelites,
graphitic pelites and calc-silicates similar to those associated
with the uraniferous unconformity zones found in Saskatchewan's Athabasca basin. A significant difference is
that uranium mineralization outcrops within the company's project
area rather than being deeply buried as is the case with many
deposits in the basin.
Fundamentals of the radon technique
The use of radon gas detectors to identify uranium
mineralization is known and has been in use since the 1960s. As
uranium decays, daughter products are produced which include radon
gas. Radon is itself radioactive with a half-life of 3.8 days and
as it decays it emits alpha particles. As a gas radon has much
greater mobility than uranium and radium, which are essentially
fixed as solid matter in rocks and soils. Radon migrates to the
surface through fractures and pore spaces and the greater the
porosity and degree of fracturing the further it can travel before
the radon gas decays. Due to differences in the rate of radon gas
travel, atmospheric effects and the groundwater table radon results
are qualitative rather than quantitative. The radon method has
become a primary exploration tool in the Athabasca basin and has successfully
identified buried uranium occurrences in many geological
environments including the recent Paterson Lake South (Fission
Uranium Corp.) discovery. The AlphaTrack method uses alpha
particle-sensitive film attached to the inside of a small plastic
sample cup. When an alpha particle hits the film it leaves a track.
The cups are buried for approximately 30 days after which they are
retrieved and returned to AlphaTrack Services Ltd. The detectors
are then processed and the number of tracks are recorded. The
number of tracks counted per square millimetre (T/mm2) is
proportional to the radon level in the hole in which the cup is
placed. These results are normalized to 30 days of exposure.
Maguire Lake radon results
In general, the AlphaTrack radon results from Maguire Lake have
revealed a number of patterns that are consistent with the known
geological and geophysical trends and mineralized outcrops. Many
significant radon anomalies have been identified, some of these
correspond to known geological features and some are new. The
results are best evaluated in comparison with the background value,
which at Maguire Lake is approximately 150 T/mm2. The individual
cup readings varied from less than 10 T/mm2 up to 3,306 T/mm2. The
distribution of results is shown in the associated table.
RESULTS DISTRIBUTION
Number of
Detectors
|
Times
Background
(greater
than 150 T/mm2)
|
395
|
2x
|
130
|
3x
|
63
|
4x
|
30
|
5x
|
14
|
6x
|
8
|
7x
|
3
|
8x
|
3
|
9x
|
2
|
10x
|
1
|
22x
|
A number of radon trends observed are open ended both to the
southwest and to the northeast as are the other geophysical trends
(VTEM and aeromagnetics). Further work needs to be done to
determine the nature and extent of these anomalies.
Summary upcoming work
MPVC reports that its geologic team is most encouraged by the
distribution of radon, resistivity, magnetic and gravity anomalies
which are prime drill targets for uranium mineralization. The
next stage in its exploration program at Maguire Lake is to carry
out a radon survey in the lake itself. Radonex Ltd. has been
contracted to commence this survey immediately. Once completed
these data together with the land-based AlphaTrack data will
provide a radon flux map for the entire area. A drill program is
planned to commence at the end of April once the Radonex survey
over Maguire lake is nearing completion. Drilling permits are in
place and valid until July, 2014.
The technical information and results reported here have been
reviewed by Chad Ulansky, PGeol, a
qualified person under National Instrument 43-101, who is
responsible for the technical content of this release.
A location map of the NW Manitoba Property can be found on
CanAlaska's website at:
http://www.canalaska.com/s/News.asp?ReportID=524098
About CanAlaska Uranium
CANALASKA URANIUM LTD. (CVV -- TSX, CVVUF -- OTCBB,
DH7F -- Frankfurt) has
undertaken uranium exploration on multiple uranium projects in
Canada's Athabasca Basin -- the "Saudi Arabia of Uranium" since 2005. The
Company has major international partners for its West McArthur and
Cree East properties, and is concentrating its activities on
these advanced projects.
For more information, visit www.canalaska.com
On behalf of the Board of Directors
(signed)
Peter Dasler, M.Sc., P.Geo.,
President & CEO,
CanAlaska Uranium Ltd.
The TSX-V has not reviewed and does not accept responsibility
for the adequacy or accuracy of this release: CUSIP# 13708P 10 2.
This news release may contain certain "Forward-Looking Statements"
within the meaning of Section 21E of the United States Securities
Exchange Act of 1934, as amended. All statements, other than
statements of historical fact, included herein are forward-looking
statements that involve various risks and uncertainties. There can
be no assurance that such statements will prove to be accurate, and
actual results and future events could differ materially from those
anticipated in such statements. Important factors that could cause
actual results to differ materially from the Company's expectations
are disclosed in the Company's documents filed from time to time
with the British Columbia Securities Commission and the United
States Securities & Exchange Commission.
SOURCE CanAlaska Uranium Ltd.