CanAlaska Ventures Ltd. (CVV)

[SPARK]

CanAlaska intercepts 40.4 metres of uranium mineralization in basement rocks at Fond Du Lac


VANCOUVER, Sept. 22 /CNW/ - CanAlaska Uranium Ltd. (TSX.V - CVV/CVVUF:Pink) ("CanAlaska" or the "Company") is pleased to report assay results from its August 2009 drill program at the Fond Du Lac Project in the Athabasca Basin, Canada. The Company's drill program of 19 holes was targeted on geophysical features which may represent the location of mineralized feeder zones for the Fond Du Lac unconformity-style sandstone hosted uranium deposit. Hole FDL 017, a step-out hole on the east side of a major crosscutting structure, intercepted a long zone of uranium mineralization in the basement rocks, east of, and below the Fond Du Lac deposit sandstone horizon. This zone starts at 41 metres (134 feet) below surface. Hole FDL017 returned 40.4 metres averaging 0.32% U(3)O(8), including 6 metres averaging 1.13% U(3)O(8) (22.6 lb/ton), with individual values of half-metre samples grading up to 3.77% U(3)O(8).

Figure 1: http://www.canalaska.com/i/maps/092209CVV_mapfigure1.pdf

Further drill holes from the August program intercepted uranium mineralization in the basement and in the overlying sandstone. Significant assay results for the program are listed in Tables 1 and 2.

These drill results are the second set of significant assay results to be returned from summer work on the Fond Du Lac project. The Company previously reported on results from the West Fond Du Lac area, where a 2.4 km long zone of uranium stringer mineralization was re-sampled and mapped (see Sept 16, 2009 news release). Both areas are shown on the location map in Figure 1 above.
http://www.stockhouse.com/pfolio.aspx?user=sh