The company has confirmed the widths, continuity and high-grades for Lac Cinquante. Thirteen holes drilled during the 2009 programme intersected near surface uranium mineralisation, over roughly one kilometre of strike.
Assay highlights for the Lac Cinquante main zone include 2.06% U3O8 over 2.88 metres width. In 1985, the minerals division of Abermin Corporation 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 programme carried out by SGS.
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 Energy will investigate the value of recovering these metals as part of any future ore processing circuit.
