The new Dipole discovery is located within the Dipole-RIB Trend, approximately 25km southwest of the Lac 50 deposits.

The Dipole drill program was intended to assess the centre of a prominent 2km long very low frequency electromagnetic (VLF-EM) conductor, which is concurrent with 3.4km long uranium-in-soil anomaly.

The company used one of three diamond drill rigs currently on site to drill a total of 958 m in nine core holes, which intersected shallow uranium at vertical depths ranging from 15m to 110m and along 150m of strike length.

Multiple mineralized intercepts had intervals ranging from 1.0m to 8.0m down-hole in all holes.

The initial Dipole drilling identified a 25m to 48m wide zone of multiple, steeply dipping mineralized intervals, with a sequence of structurally weak pyroclastic horizons.

Kivalliq president Jeff Ward said: "The Dipole discovery confirms that high-grade Lac 50-type uranium mineralization occurs in other areas across the Angilak Property.

"The assays from Dipole returned significant near surface uranium mineralization over broad widths.

"We are extremely encouraged by the multiple mineralized intervals intersected and look forward to additional drilling successes at the Dipole-RIB Trend in the coming seasons."

Kivalliq said that the results suggest complementary geophysical and geochemical surveys for making new uranium discoveries on Angilak property.

The company started the first phase of exploration program at Angilak property.

The C$1.5m 2015 summer exploration program of Angilak involved drilling at the Dipole zone, as well as a prospecting and soil sampling campaign at the RIB target, located four km south of Dipole.