The program consists of a 20,000m diamond drill program on the high-grade Lac Cinquante uranium deposit and Blaze zone, and 15,000m of reverse circulation (RC) drilling on exploration targets property-wide.
The company has also initiated a ground geophysical surveying program in order to generate and delineate additional drill targets.
Kivalliq CEO Jim Paterson said that the drilling during the 2009 and 2010 exploration seasons led to the company’s recently announced inferred resource of 810,000 tonnes grading 0.79% U3O8, totaling 14.15 million pounds at Lac Cinquante, as well as identifying the Blaze zone as an exciting new target area at which to build additional uranium resources.
