Still no word... drilling since the end of January... lots of hype from KXL execs re: potential and 'best drillers' in this area... find nothing?... I hope not...

bill40... was there any mention of uranium drilling in your conversation with Brian?...

Now would be a good time to surprise the market with these results IMO... that is if they are not slated to be released this Friday PM... LOL...

red911

CanAlaska, Kodiak Exploration begin drilling McTavish

2010-01-29 07:44 NT - News Release

See News Release (C-CVV) CanAlaska Uranium Ltd

Mr. Peter Dasler of CanAlaska Uranium reports

CANALASKA URANIUM AND KODIAK START DRILLING AT MCTAVISH URANIUM PROJECT

CanAlaska Uranium Ltd.'s joint venture partner, Kodiak Exploration Ltd., has commenced its initial drill program on the McTavish uranium project, situated in the prolific Athabasca basin of Northern Saskatchewan. Kodiak has been granted an option by the company to acquire an initial 50-per-cent interest in the project for $4-million in exploration, $600,000 of which is to be completed before June, 2010. Additional interests can be earned by Kodiak, with further work programs or the definition of uranium resources on the project (please refer to the company's news release in Stockwatch dated Aug. 10, 2009).

CanAlaska's McTavish project consists of three separate claim groups totalling 16,385 hectares. One claim group is wholly enclosed by Kodiak's West Millennium project and shows a strong airborne geophysical anomaly related to conductive rock units, or sandstone alteration. The other two parcels are intimately intertwined with West Millennium.

UTEM data show that the conductors successfully drilled by Kodiak this past winter at West Millennium extend onto the McTavish property and appear to intensify.

ZTEM survey data also define two other large-scale, high-magnitude conductors on the McTavish project, both of which are untested by drilling). The combined West Millennium-McTavish property package comprises nearly 380 square kilometres in the heart of the Athabasca basin, only three kilometres west of Cameco's Millennium deposit (47 million pounds U3O8 (uranium) with an average grade of 4.5 per cent U3O8).

Kodiak's drill camp is currently operational, and the first drilling equipment has now arrived on the project, for the commencement of a 6,000-metre drill program on CanAlaska's and Kodiak's claims. The first drill target is located on the D1 conductor on CanAlaska's claims S111151 and S111152, where previous airborne surveys have indicated a large, structurally controlled alteration zone (see Kodiak's news release in Stockwatch dated Dec. 24, 2009).

Prior Kodiak drilling

In winter 2009, Kodiak drilled three holes adjacent to the CanAlaska claims (see Kodiak's news release in Stockwatch dated May 9, 2009).

WM09-04

This drill hole, located 400 metres from the CanAlaska claim boundary, was designed to test a very strong EM conductor (D-1) located 200 metres northwest and updip from the historic Cameco drill hole CX-11. The hole intersected a 69-metre-thick fractured graphitic and pyritic pelite unit. The interval exhibits strong chlorite and grey clay alteration, with local mylonite and fault gouge. The overlying sandstone is bleached and unusually hematitic. A 10-metre-thick lower sandstone section immediately above the unconformity returned highly anomalous radioactivity from the downhole gamma probe, with a maximum reading of 1,174 counts per second (cps) (about 25 times background). Individual drill samples contain up to 0.13 per cent U3O8 and anomalous nickel values within the highly altered basement rocks. The alteration and mineralization defined along the D-1 conductor trend show that a robust uranium mineralizing event has affected the D-1 conductor structural corridor.

WM09-01

Drilled on the D-1 conductor three kilometres northeast of WM09-04, it encountered a five-metre-thick zone of strongly altered graphitic and pyritic pelite, just below the unconformity, and a strong alteration halo extending farther downhole for 28 metres, with anomalous radioactivity at the unconformity (five to six times background). The 20-metre-thick lower sandstone section contains highly anomalous boron up to 722 parts per million.

WM09-03

This drill hole is also on the D-1 conductor 500 metres along trend from historic drill hole CX-11. Drill hole No. 3 cut an 86-metre-wide, strongly fractured and altered graphitic-pyritic pelite unit containing fracturing, grey clay and slickensides. The lower sandstone section is fractured and desilicified for about 100 metres above the unconformity. Anomalous radioactivity defined by the downhole logger reaches 751 cps.

WM-09-01

Tested the D-1 conductor. The unconformity target was intersected at 676 m with a total depth of 720 m. A five-metre-wide strongly altered graphitic pelite occurs from 676 m to 681 m within a 28-metre-thick highly altered zone from 776 m to 704 m.

UTEM data show that the conductors successfully drilled by Kodiak this past winter at West Millennium extend onto the McTavish project and appear to intensify. Kodiak drill hole WM09-04, which intersected a 69-metre-thick fractured graphitic and pyritic pelite unit containing up to 0.13 per cent U3O8, is located only 400 metres from the McTavish property. These drill hole intersections of uranium and alteration associated with the significant sedimentary graphitic rock package underscore the excellent exploration potential of the project. CanAlaska is very pleased to be working with Kodiak on this strategically located and technically interesting property. Kodiak's work will allow for immediate exploration of the significant geophysical features identified by CanAlaska's VTEM airborne surveys, which are observed on the CanAlaska claim blocks.

The qualified technical person for this news release is Peter G. Dasler, PGeo.

We seek Safe Harbor.