The Conversation (0)
Kivalliq Energy (TSXV:KIV) announced high-grade uranium assays from the J4 Zone and other results from 80 diamond drill holes from within the Lac 50 Trend.
As quoted in the press release:
Highlight Assay Results
2.42% U3O8, 0.25% Cu, and 137.4 g/t Ag over 3.8 metres* in hole 12-J4-029
2.86% U3O8 and 29.2 g/t Ag over 1.5 metres* in hole 12-J4-038
3.91% U3O8 and 18.3 g/t Ag over 0.9 metres* in hole 12-J4-028
2.85% U3O8, 0.66% Cu and 20.6 g/t Ag over 1.1 metres* in hole 12-J4-062
0.30% U3O8 and 10.1 g/t Ag over 24.1 metres* in hole 12-J4-050
Drilling at J4 intersected uranium over a strike length of 800 metres and; to a vertical depth of 383 metres, the deepest uranium intercept on the Angilak Property to date
*estimated true widths
Kivalliq President Jeff Ward said:
This year’s drilling at J4 Zone has returned assay results with both high grades, and now with Hole J4-12-050, broad intervals of uranium mineralization,” “We look forward to incorporating results from this significant 2012 discovery into a revised resource estimate, scheduled for early 2013.
Click here to read the Kivalliq Energy (TSXV:KIV) press release