Kivalliq Energy (TSXV:KIV) reported highlights and updates for 2013: a 60% increase in the NI 43-101 inferred resource estimate, now totalling 43.3 million pounds U3O8 grading 0.69%; preliminary metallurgical tests showing the potential to extract an attractive final yellowcake product; and a private placement financing totalling $4.5 million in April 2013.
Articles Tagged "Kivalliq Energy"
Jim Paterson, CEO and director of Kivillaq Energy, discusses the significant progress and successes at the company’s Angilak uranium exploration property in Nunavut Territory, Canada.
The uranium spot price plunged $1.35 this past week, to $40.90 per pound, as a lack of market activity and reports of new problems with Chinese imports prompted sellers to lower offer prices
Uranium spot prices may be stuck in a slump post-Fukushima, but the nuclear power industry is showing signs of recovery.
An extremely destructive storm in Kazakhstan led to a temporary suspension of uranium mining in the Sozak region.
Industry analysts see early signs of a crucial turnaround for both uranium spot prices and uranium mining shares as the market heads toward a supply deficit.
Kivalliq Energy (TSXV:KIV) announced that significant uranium mineralization was intersected in three out of five diamond drill holes at the Nine Iron Trend; 87,438 additional acres in 38 new strategic claims staked in Angilak.
Industry analysts expect a seasonal slowdown in uranium spot market activity as we approach the holidays.
Kivalliq Energy (TSXV:KIV) announced high-grade uranium assays from the J4 Zone and other results from 80 diamond drill holes from within the Lac 50 Trend.