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Latest Information  December 3, 2010 Kivalliq Energy Corporation announced that Lumina Capital Limited Partnership together with certain other strategic investors, will subscribe for a total of Can$5 million in a non brokered private placement in Kivalliq consisting of Can$4.5 million flow-through common shares of the Company and Can$500,000 non-flow-through Shares. March 9, 2009 Announced drill results. Highlights include: hole L7-08-12:.50 m at 0.22% U3O8. Airborne magnetic, radiometric and broadband electromagnetic survey and a ground magnetic survey were also completed. The interpretation of these results indicates that mineralized structures are continuous over kilometres and there is significant potential to host unconformity style mineralization. January 13, 2009 Announced that for 2009 it plans to spend $1.1 million in exploration expenditures. This is proposed to include a 1,000 metre drill program, as well as geological mapping and testing of anomalies discovered in the 2008 geophysical survey. |
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