The Key Lake project comprises 1 mineral claim of 851 hectares near the formerly producing Key Lake open pit uranium mine.
The project areas overly Wollaston Domain basement rocks 8 kilometres South and 12 kilometres Southwest of the Key Lake mine. The Wollaston domain is of Lower Proterozoic (Trans-Hudson) age and is composed of metamorphosed sediments (Psammites, Pelites, and minor Calc-Silicates). There are no covering sandstone rock units
During the 1970’s and 1980’s, extensive exploration was carried out by Uranerz, but primarily in the area of the Key Lake mine. Regional geochemical and geophysical studies located numerous anomalies in the district and some of these targets were drilled prior to the discovery of the Key Lake mine.
CanAlaska carried out airborne VTEM surveys on the project, and an initial drill program (in 2007) on the southwestern claim block. The drill program intersected significant shearing and faulting in the targeted conductor. There was one intersection of uranium mineralization associated with strong alteration and faulting. In winter 2008, an additional target was drill-tested on the southern claim, returning highly-anomalous rare earths mineralization.
The potential of this project is for structurally controlled basement hosted uranium mineralization.
The Qualified Person for this overview is Peter Dasler. More detailed exploration information is available in the News Summary below.