Kivalliq has confirmed the widths, continuity and high-grades for Lac Cinquante. Thirteen holes drilled during the 2009 program intersected near surface uranium mineralisation, over roughly 1km of strike. Assay highlights for the Lac Cinquante main zone include 2.06% U3O8 over 2.88 metres width.

John Robins, president and CEO of Kivalliq Energy, said: “This metallurgical test work is an important step forward and will further demonstrate the potential at Lac Cinquante. It will provide essential information on ore characteristics that will help us advance and develop this uranium deposit.”

Historic documents note that in 1985, the Minerals Division of Abermin had conducted a feasibility study to investigate mining and processing ore from Lac Cinquante. At the time, Abermin concluded that ore from this deposit could be processed at existing uranium facilities in Canada. Kivalliq intends to corroborate these findings with a new metallurgical test program carried out by SGS.

The initial testing by SGS will determine uranium recoveries at Lac Cinquante through head analysis, leach optimization, solvent extraction and neutralisation, followed by tailings and effluent characterisation.

In addition, results reported for Lac Cinquante last October included other metal assays as high as 65 grams/tonne Ag, 1.72% Mo and 2.73% Cu. Kivalliq will investigate the value of recovering these metals as part of any future ore processing circuit.