Oct. 20, 2009 (Canada NewsWire Group) --
VANCOUVER, Oct. 20 /CNW/ -- CanAlaska Uranium Ltd. (CVV - TSX.V) (the "Company") is pleased to be able to detail extensive zones of heavy and light rare earth mineralization in surface rocks and boulder trains on the North East Wollaston project.
Total Rare Earth Element (REE) mineralization ranging from 0.2% to 10% is reported, and in many cases it is the most valuable component of the samples. In other samples it occurs as a significant potential by-product from uranium or base-metal mineralized zones. Because of the varying ratio of heavy to light REE, the in-situ value is quite variable, anywhere from less that $20 per tonne to over $1000 per tonne in contained REE. It is significant to highlight these very good mineral values at a time when REE minerals are being identified as important commodities for industrial development.
These zones of REE mineralization are often in association with uranium or thorium mineralization, and are relatively easily prospected by scintillometer traverses, or from airborne radiometric surveys. Most of these reported samples are from radioactive boulders, sampled for uranium. No specific search was made for REE bearing rocks at that time, but all current targets will now be followed up.
The extensive results tables presented in this news release also detail the uranium and molybdenum mineralization samples in the zones. Further detail on the individual zones is in the news release dated February 8 2008.
The NE Wollaston project area, located in Manitoba, northeast of the Athabasca Basin uranium deposits, is shown in the attached location map. Historically this area was explored for base metal mineralization, (1960's-1980). In the early 1980's, reconnaissance work identified several areas with anomalous uranium mineralization. In 2004, CanAlaska acquired the mineral licences in the area and began systematic prospecting and lake sediment sampling through to 2007, and made the REE discoveries.
The following tables show the REE mineralization in the samples collected by CanAlaska personnel:
http://www.canalaska.com/i/maps/102009CVV-REEGradeTable.pdf
The Company has been is awaiting local and Government approvals and work permits to re-commence work on the project areas, and has now been informed by the community and the Manitoba Government that the next stages of exploration should be able to re-commence in 2010.
President Peter Dasler commented "The process of community consultation has been slow, but we have always intended to build a strong foundation for many years of work and success in this region. To do this, all stakeholders must be considered."
All of the samples from the exploration programs were submitted to qualified Canadian laboratories for analysis.