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Projects
Angilak Project, Nunavut
Unexplored for over 25 years, the Angilak Project offers Kivalliq a unique opportunity to apply modern day technology and deposit models to this exciting property. Its 250,000 acres is host to numerous high-grade uranium ± copper ± silver ± gold occurrences including the historical, high-grade and near surface Lac Cinquante U-Mo Deposit:
- Reported to contain 11.6 million pounds of uranium (non National Instrument 43-101)**
- High grades averaging 1.03% U3O8
- Never been tested below 265 meters
- Open along strike and at depth
In addition to its uranium potential, the Angilak Project has strong gold and base metal potential. A recent grab sample from the Angilak property returned 31.9 g/t Au, 1,170 g/t Ag, 1.18% Cu and 0.24% U3O8. In addition, several new uranium, base and precious metal surface occurrences were found during the 2007 field season further validating the property’s potential.
Proposed Exploration Program 2008/09
2008 - PHASE 1 - Budgeted at $2.2 Million
- Airborne Magnetic, Electromagnetic and Radiometric Survey
- Camp Construction & Fuel Mobilization
- Aggressive Surface Exploration Program
- Mapping, prospecting, sampling ground geophysics
2009 - PHASE 2
- Drilling of New Targets Identified by the 2007 Program
- Delineation Drilling at Lac Cinquante U-Mo Occurrence
