The Conversation (0)
Kivalliq Energy Corporation (TSXV:KIV) announced that Roughrider Exploration Limited intends to undertake a fully funded winter exploration program at the Jurgen 1 and Jurgen 2 uranium targets on the Genesis Property in Saskatchewan, Canada. Kivalliq holds a 100% interest in Genesis, with Roughrider funding the exploration program.
As quoted in the press release:
The Jurgen 1 and Jurgen 2 uranium targets are located at the far eastern end of the Collins Bay – Eagle Point lithostructural corridor, on Wellbelove Bay of Wollaston Lake, eastern Athabasca, and across Wollaston Lake from Cameco’s Eagle Point uranium mine. The graphitic pelite, arkose, and calc-silicate rocks in the area are cross-cut by several north trending Tabbernor faults. Attention was drawn to the area by anomalous lake sediment samples and a series of linear NE trending airborne electromagnetic (EM) geophysical conductors assumed to represent graphitic horizons in pelitic rocks.
… A program of roughly 80 line-kilometres of grid geophysics and collection of 550 biogeochemical samples at Jurgen 1 and 2 has been designed to best refine drill targets. Ground magnetic/VLF-EM geophysical surveys and biogeochemical sampling will be carried out on grids emplaced to cover geochemically anomalous portions of the Jurgen 1 and Jurgen 2 conductors highlighted by the 2014 summer program at Genesis. The program is scheduled to be completed in March.
Click here to read the Kivalliq Energy Corporation (TSXV:KIV) press release
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