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Canalaska Urnium Stock Price, News & Analysis

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Welcome to our dedicated page for Canalaska Urnium news (Ticker: CVVUF), a resource for investors and traders seeking the latest updates and insights on Canalaska Urnium stock.

CanAlaska Uranium Ltd. (CVVUF) generates frequent news as an active uranium exploration company in Saskatchewan’s Athabasca Basin. Its updates focus on drill programs, geophysical surveys, joint venture activity, and target generation across a large portfolio of uranium projects totaling approximately 500,000 hectares.

Many news releases highlight work on the West McArthur Joint Venture with Cameco Corporation, where CanAlaska is the operator and majority owner. Coverage often includes results from winter and summer drilling at the Pike Zone high-grade uranium discovery, step-out drilling along the C10 and C10S conductive corridors, and ground-based electromagnetic surveys that refine targets over a 16-kilometre trend. These updates provide detail on uranium intersections, alteration patterns, and the evolving footprint of mineralization.

Other company news focuses on additional Athabasca Basin projects such as Cree East, Constellation, Moon Lake South, and projects south of the Key Lake Mine and Mill complex. Releases describe new high-priority targets, option earn-in agreements and their termination or continuation, and the start or completion of drill programs and geophysical surveys. Technical information commonly includes descriptions of graphitic host rocks, structural reactivation, hydrothermal alteration, and uranium-bearing fault zones.

Investors following CVVUF news can expect regular updates on exploration budgets, joint venture funding arrangements, and the status of multi-rig drill campaigns. This page aggregates those announcements so readers can track how CanAlaska’s exploration programs progress across its portfolio and how new data from drilling and geophysics shape the company’s understanding of its uranium targets.

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CanAlaska Uranium (OTCQX: CVVUF, TSXV: CVV) announced that Ambassador Thomas Graham Jr. has retired from the Board effective immediately and will retain the honorary title of Chair Emeritus.

Ambassador Graham Jr. served on the board since 2007, was Chair from 2011 to 2024, and is noted for expertise in nuclear non‑proliferation.

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CanAlaska (OTCQX: CVVUF) signed an exploration agreement with Kineepik Métis Local Inc. on March 24, 2026 to formalize collaboration on uranium exploration in parts of Kineepik traditional territory in the Athabasca Basin.

The agreement emphasizes environmental monitoring, community employment, business opportunities, and shared stewardship of roughly 500,000 hectares of exploration land.

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CanAlaska (OTCQX: CVVUF) reported new high-grade unconformity-associated uranium mineralization at West McArthur, including 5.2 m at 3.10% eU3O8 in hole WMA101-02 located ~250 m northeast of the Pike Zone.

The winter drill program expanded mineralization ~250 m northeast and ~50 m southwest, remains open along the C10S trend, is co-funded with Cameco, and continues through April with a summer program planned.

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CanAlaska (OTCQX: CVVUF) has begun a 2026 ground-based geophysical program at its 100% owned Waterbury South project, ~10 km southeast of Cigar Lake and ~2 km from the Cigar Lake haul road.

The program uses an eight-line Stepwise Moving Loop TDEM survey (~90 km) to refine conductive corridors and generate drill targets; work is expected complete by early April 2026. Historic hole WAT009 returned polymetallic mineralization including 405 ppm U and 2.42% Ni over 0.5 m.

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CanAlaska (OTCQX: CVVUF) has begun the 2026 winter drill program at its 100%‑owned Nebula project, located ~30 km south of the Key Lake mine and mill complex in the southeastern Athabasca Basin.

The program will use one diamond drill to complete an estimated six to eight holes, testing high‑priority targets defined by recent high‑resolution airborne geophysical surveys, including a 13 km untested conductive corridor within a >32 km trend. Historical boulder grab samples up to 0.35% U provide exploration rationale, though those results are unverified.

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CanAlaska (OTCQX: CVVUF / TSXV: CVV) has started its 2026 winter diamond drill program at the 100% owned Key Extension project in the southeastern Athabasca Basin, about 15 km south of the Key Lake mine and mill complex. One drill is mobilized to test high-priority targets identified by recent airborne geophysics and historical drilling.

The program will complete an estimated 8–12 drill holes focused on graphitic conductive corridors in interpreted Wollaston-Mudjatik transition-zone rocks. Management cites prior encouraging 2023 results and uranium spot prices near US$100/lb as supportive context.

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CanAlaska (OTCQX: CVVUF) reported assay results from its 2025 summer drill program at the West McArthur Project Pike Zone confirming expansion of the unconformity mineralized footprint to 500 metres and outlining a 140-metre high-grade pod. Key assays include 4.2 m at 5.04% U3O8 and step-out intercepts of 2.5 m at 0.78% U3O8 and 3.3 m at 0.53% U3O8. The company says hydrothermal alteration, structural disruption, and uranium grades increase to the west along the C10S trend. CanAlaska holds ~88.86% of the JV and a $15 million 2026 exploration program is ongoing with a winter campaign targeting 20–25 unconformity intersections.

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CanAlaska (OTCQX: CVVUF) announced 2026 exploration plans across its 500,000-hectare eastern Athabasca portfolio, with winter drill programs starting in Q1 at the Key Extension and Nebula projects located 15–30 km south of Key Lake. Programs target long linear magnetic lows and conductivity highs interpreted as graphitic host rocks; Nebula includes a >13 km untested conductor corridor and Key Extension >10 km corridor. The company said it is fully funded for 2026 and confirmed a separate $15 million West McArthur program; JV stakes include 25% Moon Lake South and ~88.86% West McArthur ownership.

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CanAlaska (OTCQX: CVVUF) announced an approved $15 million 2026 exploration program at the West McArthur joint venture, focused on step-outs from the Pike Zone high-grade uranium discovery and testing the C10/C10S conductive corridors.

The project is a joint venture with Cameco, with CanAlaska holding ~88.86% following sole-funding in 2025; the 2026 program will be co-funded. Key 2025 drill results include 8.6 m @ 34.59% U3O8 (including 5.5 m @ 53.90%) and 14.8 m @ 14.71% U3O8 (including 5.4 m @ 39.67%) at the unconformity. Three drill rigs will operate starting January 2026 and a ground-based EM survey is planned to follow up conductor targets.

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CEO.CA published an Inside the Boardroom interview featuring Nathan Bridge, VP Exploration at CanAlaska Uranium Ltd (TSXV: CVV / OTCQX: CVVUF / FSE: DH7) on December 3, 2025.

The piece promotes CEO.CA's investor network and media coverage at mining events, and highlights a video interview where CanAlaska discusses summer exploration results and progress toward identifying a next high-grade uranium pod. Viewers are directed to CEO.CA and a YouTube link for the full interview and additional executive conversations.

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FAQ

What is the current stock price of Canalaska Urnium (CVVUF)?

The current stock price of Canalaska Urnium (CVVUF) is $0.5151 as of April 2, 2026.

What is the market cap of Canalaska Urnium (CVVUF)?

The market cap of Canalaska Urnium (CVVUF) is approximately 114.5M.

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CVVUF Stock Data

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