The drilling is being carried out for the 50/50 joint venture between CanAlaska Uranium and the Korean Consortium, comprising Hanwha Corp, Korea Electric Power (KEPCO), Korea Resources (KORES) and SK Networks.
The company said that the detailed ground geophysical surveys were completed over the property in December 2010 – January 2011 and crews are now on-site as part of a planned $3.58m, 7,650m, two drill, 18-hole winter drill program.
CanAlaska intends to start with drilling on targets located at Zone A, where previous drill-holes have located major fault offsets, hematization and clay alteration in the sandstone and basement units local to major breaks and offsets in the conductive airborne target.
A second drill is on-site to test the three targets in Zones I, C and D that are located within shallow lake-covered areas, where previous drilling has intercepted uranium mineralization and strong alteration in surrounding rocks and the covering Athabasca sandstone.
At Zone I, the first of two holes into a new target intercepted strongly fractured and clay-altered core, hematization and geochemically anomalous uranium and trace base metal mineralization above an upper basement intercept of 1.4m @ 0.091% U3O8 in a graphitic conductor unit.
At Zone D, previous drill-hole CRE017 intercepted 1.7m @ 0.012% U3O8 in basement rocks.
