Kivalliq Energy Corporation (TSXV:KIV) extended the strike length of the highly radioactive J4 Zone, and announced initial 2012 drill results from testing below the Lac Cinquante Uranium Deposit, and new drilling at the Pulse Zone.
As quoted in the press release:
Key Point Summary:
- Drilling at the one kilometre long J4 electromagnetic (“EM”) conductor intersected significant radiation in 15 of 15 holes, extending the drilled strike length of mineralization to 200 metres
- Hole 12-LC-007 at the Western Extension intersected 0.33% U3O8 over 3.1 metres width, at 365 metres vertical depth. This is the deepest known uranium intercept reported on the Angilak Property to date.
- Two diamond drills will focus on new discoveries and priority targets within three kilometres of the Lac Cinquante Deposit
- A third diamond drill and a reverse circulation (“RC”) rig will test additional targets across the Angilak Property