For this program, 126 kilometre of SWML Electromagnetic survey was undertaken to define the 5 kilometre long ground expression of the CR-3 conductor. In 2016, the first drill hole into this horizon successfully intercepted uranium mineralization at the unconformity. The target had previously been identified by airborne surveys and an earlier reconnaissance ground geophysical survey. Denison has now completed its option to earn a 75% interest in the property and form the Joint Venture by completing the winter program.
The CR-3 conductor is a southwest-northeast trending conductor that is currently under evaluation at Denison's adjacent
In drill hole MS-16-01 the lower 50 metres of sandstone above the unconformity was moderately altered and structurally disrupted with pyrite nodules up to 4 centimetres in size. Directly above the unconformity there was uranium mineralization (0.5 metres of 0.102% U3O8) followed by a graphitic unit in the basement. This graphitic unit is thought to be the extension of the CR-3 conductor.
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CanAlaska is advancing its key West McArthur uranium project in the
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