CanAlaska Files 43-101 report for Waterbury Project

VANCOUVER, Nov. 10 /CNW/ -- 
VANCOUVER, Nov. 10 /CNW/ - CanAlaska is pleased be able to provide its
 recently commissioned NI 43-101 technical summary report for the
 Waterbury Uranium Project in the Athabasca Basin, Canada.  This report
 is now available on SEDAR and EDGAR databases for public viewing. 


The Waterbury 43-101 report was prepared by Mr. Peter Daubeny M.Sc.,
 P.Geo. of Vancouver BC.  In the report, Mr. Daubeny provides a detailed
 description of CanAlaska's exploration on the project, its strategic
 location in the Cigar Lake-McLean lake area in the Northeastern
 Athabasca.  Mr. Daubeny's review recommends a program of drilling on
 three target areas, at an estimated budget of Cdn$1.55 Mil. 


President Peter Dasler states:  "The Waterbury Project hosts a number of
 areas with potential for uranium mineralization, well located, and in
 the vicinity of known mines.  Limited work was carried out historically
 because of the older limitations to imaging conductive targets under
 local lakes and swamps.  The initial surveys carried by CanAlaska,
 using modern equipment and ideas showed well defined targets on land
 and under lakes.  Initial drill testing of the land targets showed
 elevated uranium mineralization within the target zones, which can
 still stand further definition drilling along strike and across trend. 
 The strongest target located just north of the Cigar Lake mine, is
 associated with an E-W bend in the magnetic trend, and in the
 associated conductor target.  This target is covered by water and on
 two previous occasions was not drilled only because of logistical
 reasons."


Peter Dasler, M.Sc., P Geo. is the Qualified Person responsible for this
 news release.


For more information visit www.canalaska.com


On behalf of the Board of Directors


(signed)


Peter Dasler, M.Sc., P.Geo. 
President & CEO, CanAlaska Uranium Ltd. 


The TSX Venture has not reviewed and does not accept responsibility for
 the adequacy or accuracy of this release: CUSIP# 13708P 10 2. This news
 release contains certain "Forward-Looking Statements" within the
 meaning of Section 21E of the United States Securities Exchange Act of
 1934, as amended. All statements, other than statements of historical
 fact, included herein are forward-looking statements that involve
 various risks and uncertainties. There can be no assurance that such
 statements will prove to be accurate, and actual results and future
 events could differ materially from those anticipated in such
 statements. Important factors that could cause actual results to differ
 materially from the Company's expectations are disclosed in the
 Company's documents filed from time to time with the British Columbia
 Securities Commission and the United States Securities & Exchange
 Commission.








pEmil Fung, Director & V.P. - Corp. Dev.br/ Tel: [phone]  x318br/ Email: a href="mailto:[e-mail]"[e-mail]/a/p

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