CANALASKA URANIUM COMPLETES FIRST PHASE FOND DU LAC DRILL PROGRAM

VANCOUVER, June 23, 2011 /CNW/ --
VANCOUVER, June 23, 2011 /CNW/ - CanAlaska Uranium Ltd. (TSX: CVV) ('CanAlaska' or the 'Company') is pleased to report on results from its
2011 Phase One reverse circulation ('RC') and initial diamond core
drilling program on the Fond du Lac Project, located on the north rim
of the Athabasca Basin. The exploration identified additional uranium
targets proximal to the existing Fond du Lac uranium deposit, and
provided further targets for the planned 2011 Phase Two diamond drill
program.

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Thirty-four vertical (2,895 metres) reverse circulation drill holes were
completed in five soil anomaly target areas, east, north and southwest
of the Fond du Lac uranium deposit during the period, and several
encountered both sandstone/unconformity-hosted and basement-hosted
uranium mineralization. Nine diamond drill holes were drilled at the
West Fond du Lac zone, and five diamond drill holes at the main Fond du
Lac zone. The best uranium mineralization was encountered in diamond
drill hole WFDL001, with 2 metres @ 0.5% U(3)O(8).

The reverse circulation drilling followed-up on a combined radon cup and
detailed A-horizon soil geochemistry survey using CAMIRO-developed
technology carried out by CanAlaska in 2010 across the central portion
of the Fond du Lac property.  Five areas (Figure 1) were identified as
being anomalous with respect to uranium, radon and metals such as
arsenic, nickel and lead.

Core drilling was carried out with nine holes on the West Fond du Lac
zone, at the same time that reverse circulation drilling started at
main Fond du Lac zones.  At the end of the West Fond du Lac core
drilling, timing allowed a few short holes near 2009 drill hole FCL017
(40.4 metres at 0.32% U(3)O(8) in the basement).  These new holes tested for a north-south structural
break, trending towards RC hole FDLrc001.  Diamond drilling was
interrupted because the drill was required on another project, but will
resume in the latter part of this summer.

In the RC drilling, variable, 21-33 metre thick intervals of strong to
intense hematization accompanied by moderate chloritization are seen in
drill cuttings in all of the holes in 'C' soil anomaly area, with most
of the alteration best developed in the basement series of biotite
gneisses. In-rod probe data further indicates basement hosted
mineralization at depths ranging from 38 metres to 70 metres depth in
several drill holes: FDLrc004: 1,372 cps at 73.4 metres; FDLrc032: 686
cps at 58.2 metres; FDLrc019: 763 cps at 38.9 m and 378 cps at 40.8
metres; and FDLrc005: 246 cps at 45.1 metres. A 705cps peak in FDLrc009
at 43.1 metres is located in hematised and chloritised biotite gneiss.
FDLrc009 is located on the NE trending lineament relating the Fond du
Lac deposit to the Grease River Shear Zone.

Multi-element ICP analyses on sandstone samples show distinct anomalous
trends on area C and area E with high U, Cu, Ni, Co, and As in the
sandstone. In drill hole FDLrc001, heavily hematised sandstone from
10.7 to 13.7 metres is strongly enriched in Fe, Ni, Co, Cu, Zn, V, La,
and Th. The next sample above is high in uranium (4.1ppm) as well as
Ni, As, Cu, Zn, Th, La.

Mineralization associated with a north-south trending zone of
mylonitisation and brecciation occurs in drill holes FCL030 (2 metres
at 0.019% U(3)O(8) from 94.0 to 96.0m) and FCL031 (3.75 metres at 0.043% U(3)O(8), from 69.75 to 73.50 metres and 3.60 metres at 0.078% U(3)O(8), from 75.0 to 78.6 metres). The mylonite zone appears to be part of the
'Airport Fault', and was also encountered in drill hole FCL032, but
with no significant mineralization.

Follow-up core hole drilling (FLC033, 034) which targeted the strongly
anomalous sandstone in RC hole FDLrc001 encountered the mylonites
typical of the north-south trending Airport Fault, which appears to
affect the mineralization in and around core hole FCL017.

Further diamond drilling is planned in the immediate vicinity of RC
holes FDLrc004, 001 and to the east and northeast of FDL032, to test
for basement hosted mineralization. Diamond drilling will also be
required in the vicinity of reverse circulation drill holes FDLrc028
and 029 in the southern portion of the 'E' soil anomaly target area
where strongly anomalous arsenic values are associated with high
uranium (22ppm) and high boron (154ppm) in the sandstone of these two
RC drill holes.

President Peter Dasler commented: 'The winter 2011 Phase One drill
program at Fond du Lac was difficult to complete because of extreme
weather (-40°C to -50°C) conditions.  We had expected a larger number
of holes to be finished, but those that were completed provided several
new targets close to the existing Fond du Lac deposit.  The reverse
circulation drilling highlighted the hematization and anomalous uranium
associated with basement offsets, and faults, north of the deposit, and
in an area south-east of the deposit.  These areas have very shallow
sandstone cover (<25 metres).  We were able to commence the planned
drill diamond drill program, but have postponed the major part of this
until mid to late summer to take better advantage of more favorable
field conditions.'

All of the samples from the Fond du Lac project, submitted to Acme
Laboratories Vancouver, an ISO 9001:2000 accredited and qualified
Canadian Laboratory, were analysed with their Group 1Dx analysis. 
These samples were analysed for uranium and multi-element geochemistry
by aqua regia digestion and ICP-MS.  Representative cuttings were
collected at 1.5 m intervals in each of the drill holes completed
during the period for SWIR clay analysis and sandstone and basement
geochemistry. The samples were collected by CanAlaska field geologists
under the supervision of Mr. Ron Avery P. Geo, and were shipped in
secure containment to the laboratories noted above.

Mr. Peter Dasler, M.Sc., P Geo. is the qualified technical person
responsible for this news release.

About CanAlaska Uranium

CANALASKA URANIUM LTD. (CVV -- TSX) is undertaking uranium exploration in twenty one uranium projects in
Canada's Athabasca Basin -- the 'Saudi Arabia of Uranium'.  Since
September 2004, the Company has aggressively acquired one of the
largest land positions in the region, comprising over 2,500,000 acres
(10,117 sq. km or 3,906 sq. miles).  To-date, CanAlaska has expended
over Cdn$75 million exploring its properties and has delineated
multiple uranium targets.

For more information visit www.canalaska.com

On behalf of the Board of Directors

Peter Dasler, M.Sc., P.Geo., President & CEO,


CanAlaska Uranium Ltd.

The TSX 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.

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Contact:
Emil Fung, Director & V.P. - Corp. Dev.
Tel: +1.604.688.3211 x318
Email: info@canalaska.com