Excerpted from Gold NewsLetter April 2017
I added CanAlaska Uranium to our list last year based on its expansive portfolio of uranium, diamond and base-metal projects within and near to the Athabasca Basin. At 500,000 hectares, the company controls one of the largest land positions in the region.
And it applies the prospect generator model to maximize its exploration programs while minimizing its cash burn rate.
For the uninitiated, prospect generators are junior mining companies that use their early-stage exploration expertise to identify and acquire a large property portfolio. They then shop those projects to joint venture partners willing to do the heavy lifting of advanced-stage exploration, including drilling, in exchange for an interest in the project.