High Grade Assays From 2011 Exploration Drilling at Angilak Received

Assay results from 1,732 metres of diamond drilling in 14 holes conducted in 2011 at the Blaze/Spark, Pulse and Joule Zones were announced by Kivalliq Energy Corporation (TSXV:KIV). These zones are all located within a 3.0 kilometre radius of the high grade Lac Cinquante uranium deposit, within the 225,000 acre Angilak Property in Nunavut, Canada.

As quoted in the press release:

Exploration Drilling Highlights*:

• 0.62% U3O8, 1.6 g/t Ag, 0.01% Cu, over 0.7 metres in 11-523-001 (Pulse)
• 0.44% U3O8, 12.8 g/t Ag, 0.59% Cu, over 2.3 metres in 11-523-002 (Pulse)
• 0.21% U3O8, 7.5 g/t Ag, 0.03% Cu, over 3.4 metres in 11-523-002 (Pulse)
• 0.43% U3O8, 16.3 g/t Ag, 0.27% Cu, over 7.6 meters in 11-BZ-020 (Blaze)
• 0.90% U3O8, 17.0 g/t Ag, 0.25% Cu, over 2.1 meters in 11-BZ-021 (Blaze)
• 0.49% U3O8, 12.3 g/t Ag, 0.03% Cu, over 1.5 meters in 11-BZ3-001 (Spark)

*Down hole intercepts

Kivalliq President, Jeff Ward, said:

“These results demonstrate our success at identifying a growing number of mineralized targets near the resource area,” “The encouraging values from exploration drilling have verified our targeting techniques on previously untested conductive trends parallel to Lac Cinquante main zone.”

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

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