Canalaska Uranium Ltd (CVV-V: $0.320)
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Kaiser Watch July 28, 2022: The time is right for emerging discovery plays
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(0:20:02): Have any of your invited companies accepted your invitation?
Although I talked last week about Canalaska's emerging uranium discovery in the Athabasca Basin, a subsequent conversation with CEO Cory Belyk revealed how close Canalaska came to making this discovery in 2007, which discouraged further interest in this conductor. The difference was higher resolution geophysics done in Q1 of 2022 which showed that the graphite loaded fault structure was 100 m farther NW than those 2007 drill holes could have reached. And because the fabric of the rocks dips SE, the alteration halo that can ascend 500 m above the unconformity, would have tracked NW and been just out of reach of the holes as they hit the unconformity. So I talk about this again as an example of how new geophysics can revive plays that frustrated past exploration.
Example of what a difference higher resolution geopjhysics can make
Story Path for Canalaska's West McArthur Project

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