CanAlaska's Very High-Grade Uranium Discoveries at West McArthur Project, while Manibridge Project Shows High Nickel Grades

Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, & Acquisitions

CanAlaska Uranium Ltd.'s West McArthur uranium discovery is growing in size and grade. Manibridge drill program has intersected lenses with up to 12% nickel. Management is highly encouraged with the Company's high-grade drill discoveries at the West McArthur Joint Venture uranium project and at our 100% owned Manibridge Nickel project. Latest West McArthur high-grade drill results include 6.8% U₃O₈ over 0.70 metres within a broad 650 metre by 400 metre geochemical halo - extending from bedrock to near-surface - provide strong support for continued drilling of the Grid 5 target zone in 2020.

At the Manibridge nickel project, drilling intersected high-grade mineralization - up to 12% Ni - at the north zone. Compilation of historical drill-hole data from the newly acquired Manibridge mine property has identified multiple new exploration targets. Follow-up drilling is warranted for discovery of high-grade sulphide nickel deposits.