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Kivalliq Energy Corporation (TSXV:KIV) announced receiving assay results from six drill holes at the newly discovered “Hot Zone” on the Angilak property. The Company plans to carry out initial metallurgical and engineering studies on the Hot Zone over the course of Q4, 2012.
Assay highlights include:
0.6 metres of 0.37% U3O8, 0.70% Mo and 88.4 g/t Ag in HOT-12-003
3.0 metres of 0.85% U3O8, 0.53% Mo and 56.2 g/t Ag in HOT-12-004
0.6 metres of 0.53% U3O8, 0.21% Mo and 87.9 g/t Ag in HOT-12-005
Kivalliq, President, Jeff Ward, commented:
Discoveries such as the Hot Zone continue to add momentum to our exploration efforts at the Angilak Property. This is the tenth discovery since 2010 and the fifth uranium zone discovered by drilling this season, within the Lac 50 Trend. We look forward to assay results from the remaining 86 holes prior to year end, including 67 holes from the J4 and Ray zones.
Click here to read the Kivalliq Energy Corporation (TSXV:KIV) press release
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