CanAlaska appoints new Chief Financial Officer
Mr Bowes is experienced as an advisor, senior executive, and as an entrepreneur in working with both established and new companies in
Joseph is joining CanAlaska to continue to build the Company's financial oversight and to strengthen CanAlaska's relationships with its strategic partners as the Company continues to pursue an aggressive exploration strategy for uranium in Canada's Athabasca Basin, and ramps up its exploration programs for 2010.
CanAlaska is fully-funded for current operations and is budgeting for extensive fall-winter 2010 exploration programs, financed by its strategic joint venture partnerships and from current treasury. The Company is presently awaiting assay results from summer exploration that was undertaken on the Lake Athabasca Project, and from extensive mapping and sampling work at the Poplar Project, where the company has been working six Chinese-trained geologists from East Resources Inc. The assay results from these active projects will be provided as they become available to the Company.
About CanAlaska Uranium Ltd. -- www.canalaska.com
CANALASKA URANIUM LTD. (CVV -- TSX.V, CVVUF -- OTCBB, DH7 --
CanAlaska's geological expertise and high exploration profile has attracted the attention of major international strategic partners. Among others, Japanese conglomerate Mitsubishi Corporation has undertaken to provide the Company C$11 mil. in exploration funding for its West McArthur Project. Exploration of CanAlaska's Cree East Project is also progressing under a C$19 mil. joint venture with a consortium of Korean companies led by Hanwha Corporation, and comprising Korea Electric Power Corp., Korea Resources Corp. and SK Energy Co, Ltd. Exploration recently commenced on the Poplar Project with Chinese mining partner East Resources Inc., comprising a potential 100,000 metres of drill testing. In addition, Canadian explorer Kodiak Exploration has also optioned the McTavish Project to advance exploration with the goal of attaining a 60% project interest earn-in by delineating a minimum of 35 million pounds U(3)O8.
On behalf of the Board of Directors (signed) Peter Dasler, M.Sc., P.Geo. President & CEO, CanAlaska Uranium Ltd.
The TSX Venture has not reviewed and does not accept responsibility for the adequacy or accuracy of this release: CUSIPNo. 13708P 10 2. This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the
For further information: Emil Fung, Director & V.P. - Corp. Dev., Tel: (604) 688-3211, Email: [email protected]
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