Uranium

Kivalliq Energy Corporation (TSXV:KIV) provided assay results from diamond drilling at the Western Extension, located 450 metres along strike and west of the high grade Lac Cinquante uranium deposit.

Kivalliq Energy Corporation (TSXV:KIV) provided assay results from diamond drilling at the Western Extension, located 450 metres along strike and west of the high grade Lac Cinquante uranium deposit.

As quoted in the press release:

Assay results disclosed in this release are from 30 of the 54 holes drilled in total at the Western Extension, located within the 225,000 acre Angilak Property in Nunavut, Canada.

Highlights disclosed herein include:

  • 2.02% U3O8, 26.9 g/t Ag, 0.65% Cu, over 2.0 metres in 11-LC-060
  • 1.89% U3O8, 19.5 g/t Ag, 0.35% Cu, over 1.7 metres in 11-LC-057
  • 1.87% U3O8, 39.9 g/t Ag, 0.80% Cu, over 1.2 metres in 11-LC-043
  • 1.53% U3O8, 70.3 g/t Ag, 1.62% Cu, 0.17% Mo over 1.2 metres in 11-LC-083
  • 1.10% U3O8, 72.0 g/t Ag, 1.22% Cu, 0.30% Mo over 1.2 metres in 11-LC-054
  • Western Extension strike length is 550 metres; future drilling will test along strike and to depth
  • Assays pending from an additional 7 deep drill holes at Western Extension
    (Estimated true widths – see assay results table below)

Kivalliq President,  Jeff Ward stated:

“High grade uranium and polymetallic assay results from the Western Extension continue to add significant value to the Lac Cinquante trend.” “It is exciting to have moved the Western Extension from initial discovery to resource drilling in such a short time frame.”

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

Click here to view the Kivalliq Energy (TSXV:KIV) profile.

 

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