The 42 Zone represents a high-grade uranium mineralization zone discovered by Cameco in August 2017. Since taking over operatorship of the project in 2019, CanAlaska has been focused on expanding the footprint of the 42 zone mineralization, as well as evaluating the structures and alteration immediately along strike to the southwest.
“The CanAlaska team has delivered a new uranium intersection in a new area of the West McArthur project with its second drill hole of the summer program. With multiple recently announced build-outs of small modular reactors (SMRs) in the Canadian market alone, the need for more uranium discoveries that can lead to increased production has never been more apparent,” CanAlaska CEO Cory Belyk, said in a news release.
The West McArthur property is situated in the Athabasca Basin in Saskatchewan, between 6-30 km to the west of the world’s richest uranium mine: Cameco’s McArthur River. The new Fox…
