Our Story

Kivalliq Energy Corporation is based in Vancouver, Canada and was the first company in Canada to sign a comprehensive agreement with the Inuit of Nunavut to explore for uranium on Inuit Owned Lands. Despite challenging market conditions, Kivalliq’s team has generated material results from large-scale exploration programs at the Angilak Property in 2010 through 2013; significant growth of the Lac 50 Trend uranium deposit as well as a high rate of discovery property-wide.

The Kivalliq team consists of Northern exploration specialists who have been active in Canada’s north for over 25 years. The team has been involved in all aspects of exploration ranging from grass roots through to resource delineation and production. Complementing their geological experience, the Kivalliq team brings a solid understanding of capital markets and corporate governance.

The company operates under the following guiding principles:

HISTORY OF KIVALLIQ

1960s

-First exploration in region for unconformity-type uranium deposits

1975

-First staking in Angilak area for uranium by Pan Ocean Oil, Noranda Resources Inc. and Urangesellschaft of Canada Ltd (UG)

1976-81

-Regional surveys conducted by Pan Ocean, Noranda, UG, Comaplex and others, identify over 150 significant uranium occurrences at the Angilak Property

-Pan Ocean discovers and drills the historic Lac 50 deposit

1982

-Pan Ocean divests its uranium projects and no further work is conducted at Lac 50

-Lac 50 property is transferred to Aberford Resources

1983-94

-Lac 50 claims transferred from Aberford to Abermin Resources and dropped in 1986

-Nunavut Tunngavik Incorporated formed in 1993 to manage land and implement NLCA.

-Inuit Owned Land parcel IOL RI-30 established over the historic Lac 50 deposit and adjacent host rock geology

1995-99

-Exploration programs are conducted in Kivalliq region by WMC

-Nunavut Territory is formed

2007

-NTI announces new pro-uranium policy and expresses interest to partner with exploration companies to conduct uranium exploration on Inuit Owned Land in Nunavut Territory

2008

-NTI and Kaminak Gold Corporation sign landmark uranium partnership to explore IOL RI-30 and surrounding federal mineral claims

-Kivalliq Energy Corporation is formed with the express purpose to explore and advance the Angilak Property

-Kivalliq Energy begins trading on TSX-V in July and commences the first exploration program conducted in over 25 years on the Angilak Property

2009

-Kivalliq Energy performs a VLF-EM survey over IOL RI-30 and identifies a 9 km long conductive trend hosting the historic Lac 50 uranium deposit

-In August the company conducts an initial 1,745m drill program at the Lac 50 Main Zone and successfully intersects U3O8 mineralization in 13 of 14 drill holes

2010

-Lumina Capital participates in an equity financing of Kivalliq Energy in January

-Kivalliq Energy drills over 16,600m at Lac 50 Main Zone and surrounding geophysical targets

-Results from drilling provide a foundation for a maiden resource estimate and set the stage for aggressive exploration in 2011

2011

-In January, Kivalliq Energy announces a maiden Inferred Resource Estimate for Lac 50 of 14.15 Mlbs U3O8 @ 0.79%

-Embarks on a 30,500m drilling program. New zones discovered/drilled include: Western Extension, Eastern Exten­sion, Blaze, Pulse and Spark

2012

-Lac 50 resource estimate increased by 92%, announced January, 2012, 27.13 Mlbs U3O8: 1,779,000t @ 0.69%

-Largest exploration program in Kivalliq’s history announced on February 22, 2012, with a focus on resource building and new discoveries

-38,856 meters drilled

-New zones discovered: J4, Ray, Hot, Flare and Southwest and Nine Iron

-80,000 acres acquired

2013

-60% increase in Lac 50 Trend inferred resource. Announced January 2013 43.3 Mlbs U3O8 ; 2,831,000t @ 0.69%

-Four million dollar Phase One Exploration Program includes 2,100 meters of priority drilling and ground geophysical surveying

-Highly prospective J1, and ML zones discovered

-232,262 acre Baker Basin Property (Nunavut) acquired
2014 -491,154 acre Genesis Property (Saskatchewan) acquired  
2015 -33,880 acre Hatchet Lake Property (Saskatchewan) acquired