Peter Dasler discusses upcoming drilling by Cameco

CanAlaska's West McArthur project is located in the Athabasca Basin in Saskatchewan. — Photo courtesy CanAlaska Uranium Ltd. Vancouver, Canada, May

CanAlaska's West McArthur project is located in the Athabasca Basin in Saskatchewan. — Photo courtesy CanAlaska Uranium Ltd.

Vancouver, Canada, May 8, 2017 - CanAlaska Uranium Ltd. president Peter Dasler discusses drilling this summer by Cameco Corporation at CanAlaska's West McArthur project. To view interview click image below.

The West McArthur Uranium project covers 35,830 hectares (88,536 acres) commencing 15 kilometres (9 miles) west of Cameco's majority-owned McArthur River uranium mine. Importantly, the project is immediately adjacent to Cameco's Fox Lake uranium discovery with reported inferred resources of approximately 68.1 million lbs based on 387,000 tonnes at 7.99% U3O8. The Fox lake discovery is within the Read Lake project operated by Cameco (Cameco 78.2%, Areva 21.8%). Further information on West McArthur is available here.

CanAlaska Uranium Ltd. (TSX-V: CVV; OTCQB: CVVUF; Frankfurt: DH7N) holds interests in approximately 500,000 hectares (1.2 million acres), one of the largest land positions in Canada's Athabasca Basin region - the "Saudi Arabia of Uranium." CanAlaska's strategic holdings has attracted major international mining companies Cameco, Denison, KORES, and KEPCO as partners. CanAlaska is a project generator and is positioned for discovery success in the world's richest uranium district. For further information visit www.canalaska.com.