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Resource World - Oct-Nov 2016 - Vol 14 Iss 6

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o c t o b e r / n o v e m b e r 2 0 1 6 www.resourceworld.com 49 bearing kimberlites is difficult – there are about 50 mines worldwide, compared to about 8,000 kimberlite discoveries – clus- ters like the one in northern Saskatchewan increase those odds," stated Tom Ormsby, Head of External & Corporate Affairs for De Beers Canada. "We have a very aggressive explora- tion program across Canada in 2016, which may actually be the largest exploration of any Canadian miner currently under- way," said Ormsby. "This project in the West Athabasca is a good fit with our other work taking place as we continue to build a strong portfolio of short-term, medium- term and long-term projects and targets. We look forward to the seeing the results of the drilling program once it is complete." In August, CanAlaska contracted Goldak Airborne Surveys to fly a low-level high definition airborne magnetics survey over the company's wholly-owned Alberta dia- mond exploration property. The property lies on trend with the De Beers option just to the west across the provincial boundary. The surveys are expected to start imme- diately upon aircraft availability. Earlier Alberta and Saskatchewan surveys show kimberlite targets on these properties. In addition to the properties optioned to De Beers and Fjordland Exploration Inc. [FEX-TSXV], CanAlaska holds the West Carswell, Alberta, and Has Creek Diamond projects. These three large properties, col- lectively comprising over 290,000 acres, are immediately northeast of a group of kimberlite indicator minerals (KIM) dis- covered in the Fort McKay-Fort McMurray area in Alberta. The KIM's are down-ice from CanAlaska's properties; their source has yet to be discovered. More recently, CanAlaska inked a deal with Randy Turner-Led Canterra Minerals Corp. [CTM-TSXV] to acquire up to a 70% interest in the West Carswell property. This 4,800-hectare property is located in the western Athabasca Basin, about 20 km southwest of the De Beers- CanAlaska Athabasca diamond project. The West Carswell property lies within the west Athabasca Kimberlite trend and is located 10 km northwest of the Cluff Lake uranium mine. The property hosts six dis- crete magnetic anomalies derived from a survey flown in 2010 for the Saskatchewan Geological Survey. These six targets exhibit discrete magnetic lows and are characteris-

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