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CanAlaska Uranium Acquires Intrepid East and West Projects, Totaling 58,747 Hectares in Northeastern Athabasca Basin CanAlaska Uranium Acquires Intrepid East and West Projects, Totaling 58,747 Hectares in Northeastern Athabasca Basin

CanAlaska Uranium Acquires Intrepid East and West Projects, Totaling 58,747 Hectares in Northeastern Athabasca Basin

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CanAlaska Uranium Ltd. is making waves in the mining industry with its newly acquired Intrepid East and Intrepid West projects in the northeastern Athabasca Basin. These projects, totaling over 29,000 hectares each, are strategically located near the high-grade Hurricane Uranium Deposit and other key infrastructure.

The Company’s focus on staking structural corridors in the eastern Athabasca Basin, similar to known uranium deposit analogues, highlights the potential for significant discoveries. With the projects positioned near critical infrastructure like power, roads, and the McClean Lake uranium mill, CanAlaska is poised for success in advancing these assets.

CEO Cory Belyk expressed excitement over the exploration targets identified in the Intrepid projects, noting their similarity to recent successful uranium discoveries in the region. By seeking strategic partners to collaborate on exploration efforts, CanAlaska aims to capitalize on the strong uranium market and the global nuclear buildout trend.

The Intrepid East and West projects, located just inside the Athabasca Basin, have seen minimal exploration despite their proximity to major facilities and historical geological surveys pointing to uranium potential. The identification of structural corridors and fault systems on the projects further underscores the opportunities for both unconformity-associated and basement-hosted uranium discoveries.

Management will be attending the CEM Scottsdale Capital Event from April 19 to 21 to showcase CanAlaska’s potential in the uranium sector. With a focus on project generation and strategic partnerships, CanAlaska is well-positioned for success in uncovering new uranium deposits in the world’s richest uranium district.

For more information on CanAlaska Uranium Ltd. and their projects, visit www.canalaska.com.

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