CanAlaska Uranium Completes Acquisition of Mel Nickel Deposit in Thompson Nickel Belt, Manitoba

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Vancouver, British Columbia–(Newsfile Corp. – May 15, 2023) – CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQX: CVVUF) (FSE: DH7N) ("CanAlaska or the "Company") is pleased to announce that it has now completed the acquisition of the Mel nickel deposit and surrounding mineral claims (Figure 1).

Figure 1 – Mel Project Location

CanAlaska CEO, Cory Belyk, comments, "Completion of this transaction gives CanAlaska and its shareholders a concrete and tangible NI43-101 compliant high-grade sulphide nickel resource in a very prolific nickel belt, located in a stable and secure mining jurisdiction in central Canada. The Mel deposit acquisition perfectly compliments CanAlaska’s existing district-scale nickel portfolio in Manitoba providing the Company with optionality on the path forward to building value for our shareholders. Class 1 nickel deposits of this scale and upside potential are difficult to find as companies seek to position […]

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