The C$1.5m 2015 exploration program will drill test the high priority Dipole target and advance various uranium targets in the Dipole-RIB Trend via geochemical survey.
The company aims to drill around 1000m in six holes at Dipole, using one of three diamond drill rigs already on site.
Ground geochemical surveying will also take place, following-up on high priority targets found during the 2014 season at Dipole and RIB.
Kivalliq Energy president Jeff Ward said: "We are very excited to start the 2015 exploration program at Angilak, especially the drill testing of our Dipole target.
"The discovery of a high grade, Lac 50-type uranium deposit at Dipole would confirm our belief that this large property hosts an important uranium district in Nunavut."
The Dipole-RIB Trend is situated about 25km southwest of Lac 50. Noranda Exploration found the RIB target, located 4km south of Dipole, in 1976 as a 1km long basement conductor on the western margin of the Angikuni Basin unconformity.
During 1977-78, 14 of 25 diamond drill holes intersected uranium mineralization at shallow depths, with the two best intercepts being 0.19% U3O8 over 9.3m and 1.61% U3O8 over 0.7m.
Last year, Kivalliq confirmed the RIB conductor using airborne Versatile Time Domain Electromagnetic geophysics.
Vancouver-based Kivalliq Energy has a portfolio of high-quality uranium exploration projects in Canada. The company holds the country’s highest-grade uranium resource outside of Saskatchewan.
