CanAlaska Uranium Ltd. reported that the exploration team from Denison Mines Corp. is preparing to commence an exploration drill program on CanAlaska's recently optioned Moon South Project. Denison has informed the company that they intend to commence the first drill hole on Moon South in the next weeks.

This work will follow a drill program in progress on Denison's adjacent Crawford Lake project. The first drill hole will test the same metasedimentary trend mapped by a DC resistivity survey that is being drilled on the Crawford Lake project. The proposed drill site is located within a prominent magnetic low, which is thought to represent the location of major cross structures.

Such cross structures may be regional fault zones, many of which are associated with basement fluid flow and associated uranium mineralized zones. The target is on strike with a basement EM conductor on the adjacent Crawford Lake property mapped by Denison in 2007. The trace of the conductor diminishes as it approaches the northwest trending magnetic low.

A series of regional EM conductors located to the northeast of the target have been intensively drilled in the past, and they too are shown to diminish across the postulated structural break, indicating the potential for a much larger areas of fluid flow associated with the target. The planned drill hole (MS-16-01) is anticipated to start before the end of February. Depending on results, Denison may decide to complete a second hole to follow up on the target.