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CanAlaska Uranium Ltd.

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Summary

Project:

Manibridge

Deposit:Manibridge
Location:Canada
Commodities:Nickel
Date:3/7/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:7-3-2019: CanAlaska Uranium Ltd. announces an Exploration/Drilling Update report for its Manibridge deposit at the Manibridge project. Drilling results incl. 6.55m @ 2.39% Ni, 0.14% Cu, 0.03% Co from 128.05m. Vancouver, British Columbia--(Newsfile Corp. -
Resources:x
CP/QP:[Overall Report]: Karl Schimann (Internal)
ABSTRACT:Vancouver, British Columbia--(Newsfile Corp. - March 7, 2019) - CanAlaska UraniumLtd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) ("CanAlaska" or the "Company") is pleased to report intersection of high-grade sulphide nickel mineralization at Manibridge, Manitoba. All four holes from the recently completed drilling program at the North Manibridge Zone returned high-grade nickel up to 9.47% contained within semi-massive and disseminated sulphide mineralization. The recently completed four hole, 1,000 metre drill program intersected a broad fold structure, 2.5 kilometres north of the pastproducing high-grade Manibridge nickel mine (Figure 1). Multiple high-grade nickel assays were reported for all drill holes, with the key intercepts as follows and as listed in Table 1 below.: 19MB-01: Between 131.0 and 141.0 metres, there are two zones of nickel mineralization grading 3.03% Ni over 1.25 metres and 0.95% Ni over 5.45 metres within disseminated sulphides in amphibolite. 19MB-02: A zone of high-grade nickel mineralization was encountered between 128.05 and 134.60 metres grading 2.39% nickel. Included in this zone are 0.95 metres at 9.47% Ni (including 2.4 lbs/tonne Co) and 0.60 metres at 5.71% Ni and 0.66% Cu. The mineralization is hosted within disseminated to semi-massive sulphides in amphibolite and serpentinized ultramafics. 19MB-03: Two zones of high-grade nickel mineralization occur in 19MB-03. The first zone is located between 133.83 and 135.94 metres grading 4.30% Ni over 2.11 metres, including 5.84% Ni over 1.48 metres. The second zone is located between 138.72 and 143.50 metres grading 1.13% Ni, including 4.43% Ni over 0.50 metres and 1.14% Ni over 1.50 metres. In both cases, the mineralization is hosted within disseminated and semi-massive sulphides in pegmatite, amphibolite and serpentinized ultramafics.

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