Additional High Grade Assays Reported From Kivalliq Energy Corp.’s Lac Cinquante Uranium Deposit

Assay results from the final 20 of 44 core holes drilled at the Eastern Extension – 400 metres along strike and east of the high grade Lac Cinquante uranium deposit, located within the 225,000 acre Angilak Property in Nunavut, Canada – were reported by Kivalliq Energy Corporation (TSXV:KIV).

As quoted in the press release:

• 6.01% U3O8, 8.2 g/t Ag, 0.22% Cu, 0.14% Mo over 0.3 metres in 11-LC-099
• 2.69% U3O8, 34.8 g/t Ag, 2.04% Cu, 0.27% Mo over 0.6 metres in 11-LC-102
• 1.39% U3O8, 10.8 g/t Ag, 0.03% Cu, 0.18% Mo over 0.9 metres in 11-LC-078
• All 44 holes drilled at Eastern Extension have now been reported
• Eastern Extension results to be incorporated in updated resource estimate for Lac Cinquante; expected Q1, 2012
(Estimated true widths – see assay results table below)

Kivalliq Energy Corporation President, Jeff Ward, said:

“Including the Eastern Extension could add considerable value as we move towards revising the resource estimate for Lac Cinquante by the end of Q1, 2012.”

Click here to read the Kivalliq Energy Corporation (TSXV:KIV) press release

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