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Kivalliq Energy Corporation(TSXV:KIV) announced that phase one of its 2012 drill program has commenced. The 35,000 metre drill program at the Angliak property is part of a $20 million exploration program.
Kivalliq Energy Corporation(TSXV:KIV) announced that phase one of its 2012 drill program has commenced. The 35,000 metre drill program at the Angliak property is part of a $20 million exploration program.
As quoted in the press release:
Kivalliq intends to drill 26,000 metres of NQ core on advanced targets with three diamond drill rigs and 9,000 metres of reverse circulation (“RC”) drilling on exploration targets with a light weight RC fly rig. Extensive ground based geophysical surveying, prospecting and soil sampling campaigns are also planned.
Kivalliq, President, Jeff Ward, stated:
After nearly doubling the Lac Cinquante mineral resource in 2011, we are excited to return to Angilak to execute our 2012 exploration goals.Drilling is intended to expand Lac Cinquante along strike and to depth; test targets on parallel conductors; and demonstrate potential for multiple uranium deposits elsewhere on the Angilak Property.
Click here to read the Kivalliq Energy Corporation (TSXV:KIV) press release
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