Kivalliq to Commence 2012 Exploration Program in March

Kivalliq Energy Corporation(TSXV:KIV) announced an aggressive exploration plan for its Angilak property in 2012. The program will consist of two phases with a budget of $20 million. The first phase of exploration is set to commence in March 2012.

Highlights of the 2012 exploration program include:

• 26,000 metres of core drilling focused on expanding the Lac Cinquante resource and testing new zones discovered in the immediate vicinity of this deposit
• 9,000 metres of RC drilling to test multiple target areas property-wide and untested conductors within close proximity of the Lac Cinquante deposit
• Ground geophysical surveys consisting of gravity, magnetics and electro-magnetics
• Continued prospecting to advance high-priority target areas defined by the 2011 program and identify new targets on a property wide scale

Kivalliq, CEO, Jim Paterson, said:

Our 2012 exploration goals are clear: continue to expand the Lac Cinquante mineral resource along strike and to depth; drill targets on parallel conductors; and demonstrate potential for multiple uranium deposits elsewhere on the Angilak Property.

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