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Kivalliq Energy Announces 2012 Phase II Exploration at Angilak Property

Kivalliq Energy has declared the phase II exploration program at the Angilak property in Canada. The value of the exploration is $20 million. The company has planned for 2012 aggressive exploration to develop numerous uranium discoveries found during 2011.

The company has planned for 9,000 m of reverse circulation (RC) drill program at the targets for exploration, using a light weight RC fly rig and to drill 26,000 m of NQ core, using three diamond drill rigs. It has planned for broad ground-based soil sampling, geophysical prospecting and surveying programs.

The CEO of Kivalliq, Jim Paterson stated that the objectives of the 2012 exploration program is to continue the extension of the Lac Cinquante mineral resource present till depth and along strike, drill targets on analogous conductors and show the capacity for several uranium deposits on the Angilak Property.

Kivalliq has begun the 2012 phase II exploration program, with the crews and equipment mobilization to the Nutaaq camp during March. The company has received complete funding in order to drill from March to June using two diamond drill rigs, with one RC drill rig commencing in May, and to conduct ground geophysical surveys till June. It will commence planned phase II exploration program at the property in July and a third diamond drilling rig may be included in this program to continue engineering, geochemical, geological, geophysical surveys and RC drill program in the field.

Source: http://www.kivalliqenergy.com/

Joel Scanlon

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Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

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