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KIVALLIQ ENERGY CORPORATION V.KIV

"Kivalliq Energy Corp is a Canadian based exploration stage company. It focuses on the acquisition, exploration and development of mineral resources. Kivalliq’s uranium and precious metal exploration projects comprise Angilak, Baker Basin, Genesis, Hatchet Lake, and Baffin Gold. All of the company’s equipment and exploration and evaluation assets are located in Canada."


TSXV:KIV - Post by User

Bullboard Posts
Post by crowcreekkateon May 20, 2010 7:56am
514 Views
Post# 17116795

Widest Zone of Radioactive Mineralization to Date

Widest Zone of Radioactive Mineralization to DateKivalliq Drilling Intersects Widest Zone of Radioactive Mineralization to Date
at Lac Cinquante
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 20, 2010) - Kivalliq Energy
Corporation (TSX VENTURE:KIV) (the "Company" or "Kivalliq") today provided an
update on drilling at the Lac Cinquante Uranium Deposit located within the
Angilak Project in Nunavut, Canada. The first nine drill holes, totalling
1,665 metres, focused on confirmation and infill drilling within the eastern
portion of the historic resource at Lac Cinquante.
-- All nine holes drilled to date have intersected altered tuff, the
geological host unit at the Lac Cinquante main zone
-- Seven of nine drill holes intersected radioactivity within the host tuff
unit, downhole widths ranging from 0.3 to 14.8 metres
-- Hole 10-LC-003 intersected 14.8 metres of radioactive readings, having
an estimated true width of 7.5 metres
"Initial indications from the 2010 program build on the success of last year's
drilling," stated John Robins, P.Geo, President and CEO. "It is the wide
interval of elevated cps counts in Hole 10-LC-003 that has added considerable
excitement to this year's program. We will continue to drill the zone along
strike as we await assay results."
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