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CanAlaska extends uranium mineralization over 1 km at Pike Zone, Athabasca Basin, boosting exploration potential.

Market News
05 May 2026
Newsfile Corp
Bullish
pluang ai news

CanAlaska Uranium Ltd. completed its winter drilling program at the Pike Zone in the Athabasca Basin, successfully extending uranium mineralization over 1.3 kilometers along the C10S corridor, with over 1 km showing uranium presence. The program identified strong hydrothermal alteration and structural controls indicating potential for additional high-grade uranium pods. With over $30 million in funding, CanAlaska plans a summer drilling program starting in June to further explore these promising targets. This expansion highlights the continuity and scale of the uranium system, enhancing the project's value and exploration prospects.

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