2026 geophysics (winter) and possible drilling (summer); early-stage exploration. • Pre-Discovery
Overview
Country
Canada
Region
Saskatchewan (Athabasca Basin)
Current status
2026 geophysics (winter) and possible drilling (summer); early-stage exploration.
6 projects in this company presentation
Report date 2026-04-06
CanAlaska Uranium Ltd • CVV.V • 6 projects
Classification
Project stage
Explorer
Substage
Pre-Discovery
Active milestone
Geophysics (winter 2026), possible drilling (summer 2026)
Notes
Highlights
Early-stage uranium exploration in Athabasca Basin; geophysics and possible drilling in 2026.
Financial context
2026 budget: est. $0.7M.
Work ongoing
Geophysics (winter 2026), possible drilling (summer 2026).
Next steps
Geophysics (winter 2026), possible drilling (summer 2026).
Key Extension
Exploring ProjectCanada
2026 drilling program (winter and summer); three priority target areas; early-stage exploration. • Pre-Discovery
Overview
Country
Canada
Region
Saskatchewan (Athabasca Basin)
Current status
2026 drilling program (winter and summer); three priority target areas; early-stage exploration.
Ownership
100.0%
Classification
Project stage
Explorer
Substage
Pre-Discovery
Active milestone
Drilling (2026)
Completed milestones
First drill program (2023)
Endowment
Core ownership
100.0%
Notes
Highlights
Basement-hosted unconformity uranium targets; 15 km SW of Key Lake Mill; three priority target areas; unexplained Orchid Lake boulder train.
Technical context
Basement-hosted unconformity uranium; geophysical and geochemical targeting.
Financial context
2026 budget: est. $2.4M (Key X – Nebula combined); Key Extension specifically not broken out.
Recent achievements
First program (2023) intersected structure, alteration, anomalous geochemistry, and U enrichment.
Work ongoing
Drilling (2026).
Next steps
Winter and summer drilling in 2026.
Resource extension potential
Orchid Lake boulder train remains unexplained; up ice drill targets.
Moon Lake South
Exploring ProjectCanada
2026 geophysics program planned; early-stage exploration. • Pre-Discovery
Overview
Country
Canada
Region
Saskatchewan (Athabasca Basin)
Current status
2026 geophysics program planned; early-stage exploration.
Classification
Project stage
Explorer
Substage
Pre-Discovery
Active milestone
Geophysics (2026)
Notes
Highlights
Early-stage uranium exploration in Athabasca Basin; geophysics planned for 2026.
Financial context
2026 budget: $0.08M CVV share.
Work ongoing
Geophysics (2026).
Next steps
Geophysics in 2026.
Nebula
Exploring ProjectCanada
2026 drilling program (winter and summer); two priority target areas; early-stage exploration. • Pre-Discovery
Overview
Country
Canada
Region
Saskatchewan (Athabasca Basin)
Current status
2026 drilling program (winter and summer); two priority target areas; early-stage exploration.
Ownership
100.0%
Classification
Project stage
Explorer
Substage
Pre-Discovery
Active milestone
Drilling (2026)
Endowment
Core ownership
100.0%
Notes
Highlights
Basement-hosted unconformity uranium targets; 30 km SSW of Key Lake Mill; two priority target areas; Karpinka Lake boulder train remains unexplained.
Technical context
Basement-hosted unconformity uranium; geophysical and geochemical targeting; similarities to Eagle Point Mine.
Financial context
2026 budget: est. $2.4M (Key X – Nebula combined); Nebula specifically not broken out.
Recent achievements
First drill program by CanAlaska (2026).
Work ongoing
Drilling (2026).
Next steps
Winter and summer drilling in 2026.
Resource extension potential
Karpinka Lake boulder train remains unexplained; up ice drill targets never drilled.
Waterbury South
Exploring ProjectCanada
2026 geophysics program planned; early-stage exploration. • Pre-Discovery
Overview
Country
Canada
Region
Saskatchewan (Athabasca Basin)
Current status
2026 geophysics program planned; early-stage exploration.
Classification
Project stage
Explorer
Substage
Pre-Discovery
Active milestone
Geophysics (2026)
Notes
Highlights
Early-stage uranium exploration in Athabasca Basin; geophysics planned for 2026.
Financial context
2026 budget: est. $0.5M.
Work ongoing
Geophysics (2026).
Next steps
Geophysics in 2026.
West McArthur
Exploring ProjectCanada
Active exploration and step-out drilling; ultra high-grade uranium discovery at Pike Zone; system remains open in all directions. • Post-Discovery
Overview
Country
Canada
Region
Saskatchewan (Athabasca Basin)
Current status
Active exploration and step-out drilling; ultra high-grade uranium discovery at Pike Zone; system remains open in all directions.
Permit status
Exploration agreements completed with Indigenous groups; exploration permits active.
Ownership
88.9%
Strategic shareholders
Cameco
Classification
Project stage
Explorer
Substage
Post-Discovery
Active milestone
Step-out drilling and expansion of Pike Zone; ongoing high-grade discovery
Completed milestones
Discovery of Pike Zone, Initial and follow-up drilling, Indigenous exploration agreements
Endowment
Core ownership
88.9%
Notes
Highlights
Ultra high-grade uranium (up to 85.4% U3O8); Pike Zone discovery; mineralized corridor extended to 500m and remains open; step-out drilling ongoing; only junior using directional drilling technology; significant cost savings in drilling.
Country attractiveness
Safe and secure jurisdiction; Eastern Athabasca Basin; proximity to infrastructure; strong social governance.
Resource context
No formal resource or reserve published; high-grade assays and corridor length reported.
Permit context
Exploration agreements completed with Ya’thi Nene, English River First Nation, Kineepik Métis Local Inc, and others.
Technical context
Unconformity and upper basement uranium; ultra high-grade mineralization; advanced drilling and geophysics; use of directional drilling for efficiency.
Financial context
2026 budget $15M for West McArthur; $13.33M CVV share for 2026 work; co-funded by Cameco.
Active drilling (winter and summer 2026); geophysics; target generation.
Next steps
Continued step-out drilling in 2026; focus on new 'pearls' (high-grade pods); further expansion of mineralized system.
Resource extension potential
System remains open in all directions; new high-grade mineralization discovered 250m east of Pike Zone; corridor open to west, east, northeast, and southwest.