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mick

10/15/19 11:37 AM

#47227 RE: mick #47225

High-grade uranium mineralization with 6.7% copper, 2.8% lead, 6.8% zinc; Strong halo of uranium, boron, copper and zinc in overlying sandstone structures

Vancouver, British Columbia--(Newsfile Corp. - October 15, 2019) - CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) ("CanAlaska" or the "Company") is pleased to report high-grade uranium in final assay data for the recent drill program at the West McArthur uranium project. The mineralization, containing high uranium as well as base metal mineralization, is similar in character to the nearby high-grade Fox Lake uranium deposit of Cameco and Orano. The West McArthur project is a joint venture with Cameco. CanAlaska is the operator.

Assay data for the latest drill holes, in particular for drill hole WMA055-2, has upgraded earlier eU3O8 values reported in our September 24 news release. Table 1 shows the individual assay data for drill hole WMA055-2, including 0.70 metres @ 6.8% U3O8 within 2.1 metres averaging 2.3% U3O8. Note that the three metre run above the mineralized section had 51% core loss.