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CanAlaska Uranium Reports Record High-Grade Uranium Intersection at Pike Zone

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CanAlaska Uranium Reports Record High-Grade Uranium Intersection at Pike Zone

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The latest update is out from CanAlaska Uranium ( (TSE:CVV) ).

CanAlaska Uranium has announced significant results from its winter diamond drilling program at the Pike Zone of the West McArthur Project, reporting its best ultra high-grade uranium intersection to date. This development has expanded the mineralization footprint eastward and remains open on strike, indicating potential for further discoveries, which strengthens CanAlaska’s position in the uranium mining sector.

More about CanAlaska Uranium

CanAlaska Uranium Ltd. operates in the uranium mining industry, focusing on the exploration and development of uranium deposits. The company has a significant market presence due to its ownership and operation of projects like the West McArthur Joint Venture with Cameco Corporation, where it holds an 85.97% stake.

YTD Price Performance: 25.35%

Average Trading Volume: 411,292

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$155M

See more insights into CVV stock on TipRanks’ Stock Analysis page.

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