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Kivalliq Energy Announce Airborne Gravity Survey Commences on Genesis Property in Saskatchewan

Kivalliq Energy Corporation (TSXV:KIV) announced commencement of a 1,677 line-kilometre fixed-wing FALCON airborne gravity gradiometer survey on the Genesis uranium property in northeastern Saskatchewan. CGG Canada Services Ltd. has been contracted to fly the survey and in3D Geoscience Inc. will provide independent review of the data.

As quoted in the press release:

The FALCON gravity gradiometer survey will be divided into five separate grids providing coverage over the Jurgen, Kingston, Johnston/GAP, Daniel’s Bay, and Melnick priority target areas. Flight lines will be flown at 200 metre spacing and the survey will also include magnetic and terrain data collection. Gravity low responses potentially represent alteration associated with uranium mineralization. The survey is expected to be completed in early February, with final deliverables expected in March.

Exploration conducted on the Genesis Property during 2014 and 2015 by Kivalliq on behalf of Roughrider, successfully demonstrated the existence of numerous high priority targets for basement hosted uranium in the previously under-explored terrain northeast of the Athabasca Basin. Kivalliq and Roughrider plan to continue refining and upgrading existing targets while still seeking new ones throughout this large landholding.

Kivalliq Energy President, Jeff Ward, stated:

Gravity data from the FALCON gradiometer survey flown at Genesis will enhance existing geophysical and geochemical datasets. Areas characterized by favourable geochemistry, conductive trends and coincident gravity low anomalies will be prioritised for future work.

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