CanAlaska Uranium (TSXV:CVV) is full of surprises. This morning, CanAlaska announced a $12.5-million deal with Cameco (TSX:CCO), Canada’s largest uranium producer, to explore the West McArthur property near two of Cameco’s high-grade uranium deposits. Here’s a summary of the terms: $725,000 cash to CanAlaska and $5 million in exploration at Grid 1 and Grid 5… Continue Reading
A small mineral exploration company may be in the early innings of a new diamond discovery in Canada– but will need some capital and further evidence to support its theory. On Thursday, CanAlaska Uranium (TSXV:CVV) announced the staking of 75 kimberlite targets in Saskatchewan’s NW Athabasca Basin. The targets were developed from a 2011 airborne… Continue Reading
Canada’s top uranium producer has a significant new discovery nearby to one of its largest existing mines. Cameco Corporation revealed in its quarterly MDA filing on SEDAR Friday initial figures for the Fox Lake deposit at the Read Lake project in Saskatchewan’s Athabasca Basin, which has seen continuous drilling since 2008. “… first time reporting for the Fox… Continue Reading
Source: CanAlaska Uranium (CVV) In Canada’s Athabasca Basin, home to the world’s highest-grade uranium mines, leading developers NexGen Energy, Fission Uranium and Denison Mines are duking it out for the top market-cap spot. Meanwhile, tiny prospect generator CanAlaska Uranium (CVV-V) keeps making moves of its own. This morning, CanAlaska announced that Denison plans to poke a… Continue Reading
