Kivalliq : Angilak Identifies 9 High Priority Target Areas

Kivalliq Energy Corporation (TSXV:KIV) reports assay results from the 2010 summer prospecting program at the 225,000 acre Angilak property in Nunavut, Canada.

The press release is quoted as saying:

Nine priority areas were identified based upon results, including assays from 290 grab samples collected from in-situ rock sources and glacial float material, over an eight week period from July through September 2010. Of the samples collected, 17% returned values in excess of 1% U308. In addition, several samples returned high grade values in silver, molybdenum, copper and gold.

Kivalliq’s President, Jeff Ward, P.Geo says:

“The 2010 prospecting program continued to demonstrate the potential of the Angilak Property.”  “This year’s prospecting program has already led to the discovery of Lac Ciquante style mineralization in drill hole 10-NE001 and will provide us with the basis for an aggressive 2011 exploration program.”

Click here to access the entire news release.