Mining News: Northern Neighbors: New uranium targets tested at Angilak

Kivalliq Energy Corp. July 9 reported that a C$1.5 million exploration in underway at its Angilak uranium property in Nunavut. The company plans to drill up to 1,000 meters in six holes at the property’s Dipole target. Ground geochemical surveying will run concurrently with the drill program, following-up on priority targets identified along the Dipole-RIB trend during the 2014 season. Based on corroborative geophysical and geochemical exploration, Kivalliq said Dipole and RIB are excellent analogues to the Lac 50 deposit, which lies about 25 kilometers (16 miles) to the northeast.

- Shane Lasley