News

CanAlaska Intersects Uranium Zone at Fond du Lac Project

Vancouver, Canada, Sept 15th, 2008 – CanAlaska Uranium Ltd. (TSX.V — CVV) (“CanAlaska” or the “Company”) has received assay results for uranium-mineralized sections of three drill holes and cores from the Fond du Lac project located on the northern portion of the Athabasca Basin, Saskatchewan. The uranium mineralization at Fond du Lac is principally within CanAlaska Intersects Uranium Zone at Fond du Lac Project

CanAlaska Uranium Mobilizes Summer 2008 Exploration

Vancouver, Canada, June 25th, 2008 – CanAlaska Uranium Ltd. (TSX.V — CVV) (“CanAlaska” or the “Company”) has mobilized 33 field personnel to three uranium exploration projects on the northern rim of the Athabasca Basin, Saskatchewan. One of these crews will shortly relocate to commence drill operations targeting known uranium mineralization located on the Fond du CanAlaska Uranium Mobilizes Summer 2008 Exploration

Summer Drilling to Commence on Cree East Uranium Targets

Vancouver, Canada, July 8th, 2008 – CanAlaska Uranium Ltd. (TSX.V — CVV) (“CanAlaska” or the “Company”) is pleased to announce the approval by its Korean Consortium joint venture partners of a Cdn$1.68 million budget to undertake further drilling and geophysics at the Cree East Project during the summer of 2008. This program will follow-up on Summer Drilling to Commence on Cree East Uranium Targets

CanAlaska and Great Western Minerals to Explore High Grade Rare Earth Element Discovery in Manitoba

Vancouver, Canada, June 3rd, 2008 – CanAlaska Uranium Ltd. (TSX.V — CVV) (“CanAlaska”) and Great Western Minerals Group Ltd. (“GWMG”) are pleased to announce that GWMG has entered into a C$6 million option agreement whereby GWMG can acquire up to a 51% interest in CanAlaska’s Misty Project near Lac Brochet in northwestern Manitoba. The agreement CanAlaska and Great Western Minerals to Explore High Grade Rare Earth Element Discovery in Manitoba

CanAlaska Uranium Completes $ 3.71 mil. Flow-Through Private Placement

Vancouver, Canada, May 29th, 2008 – CanAlaska Uranium Ltd. (TSX.V — CVV) (the “Company”) announces that further to its news release dated April 14th, 2008, the Company is please to announce that it has completed its non-brokered flow-through private placement and has issued 10,922,660 flow-through units at a price of $0.34 per unit for gross CanAlaska Uranium Completes $ 3.71 mil. Flow-Through Private Placement

Mega and CanAlaska Define Uranium Targets at Poplar Project, Athabasca Basin, Saskatchewan

Vancouver, Canada, May 27th, 2008 — CanAlaska Uranium Ltd. (CVV — TSX.V, CVVUF — OTCBB, DH7 — Frankfurt) (“CanAlaska” or the “Company”) and Mega Uranium Ltd. (TSX:MGA) (“Mega”) are pleased to report the completion of a helicopter-borne magnetic and high powered transient electromagnetic survey (VTEM) on the Poplar Project located on the northern rim of Mega and CanAlaska Define Uranium Targets at Poplar Project, Athabasca Basin, Saskatchewan

CanAlaska Completes Winter Uranium Drilling

Vancouver, Canada, May 9th, 2008 – CanAlaska Uranium Ltd. (CVV-TSX.V) (the “Company”) is pleased to announce that its winter drill programs at Cree Lake and Lake Athabasca and Key Lake Projects have now concluded. All samples for assay and trace element geochemistry are now at the laboratories and we awaiting analyses. The geochemical signatures of CanAlaska Completes Winter Uranium Drilling

CanAlaska Completes Winter Uranium Drilling

Vancouver, Canada, May 9th, 2008 – CanAlaska Uranium Ltd. (CVV-TSX.V) (the “Company”) is pleased to announce that its winter drill programs at Cree Lake and Lake Athabasca and Key Lake Projects have now concluded. All samples for assay and trace element geochemistry are now at the laboratories and we awaiting analyses. The geochemical signatures of CanAlaska Completes Winter Uranium Drilling

Non-Brokered Private Placement

April 14, 2008. CanAlaska Uranium Ltd. (CVV-TSX.V) (the “Company”) announces a non-brokered private placement of flow-through units, each Unit consisting of one flow-through eligible common share issued at $0.34 plus an additional 1/2 warrant, for gross proceeds of up to $4,000,000. Each full warrant shall be exercisable into a common share or flow-through eligible common Non-Brokered Private Placement

CanAlaska Waterbury Lake Update

Vancouver, Canada, April 10th, 2008 — CanAlaska Uranium Ltd. (CVV — TSX.V) is pleased to announce the completion of winter geophysical surveys on the 12,400 hectare (30,000 acre) Waterbury lake project in the Athabasca Basin, Saskatchewan. This project is comprised of a series of claim blocks located between the area of the Cigar Lake mine CanAlaska Waterbury Lake Update

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