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VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 17, 2011) - Kivalliq Energy Corporation (News - Market indicators) (the "Company" or "Kivalliq") has been awarded the 2010 Environmental Excellence Award, presented by the Kivalliq Inuit Association (KIA). The Company has been acknowledged for outstanding environmental stewardship at Kivalliq Energy's Angilak Property in the Kivalliq Region Nunavut.
Kivalliq would also like to congratulate Allison Rippin Armstrong, the Company's permitting and environmental consultant, who was jointly awarded the Mike Hine Award, in recognition of an individual who has made significant contribution to the mining industry in Nunavut.
"The Kivalliq team is dedicated to adhering to high environmental and safety standards," stated Kivalliq CEO, Jim Paterson. "It is a great honour to receive this award as public recognition by the KIA. We will remain focused on environmental stewardship in our exploration efforts at the Angilak Property."
The awards were presented to both Jeff Ward, President of Kivalliq Energy Corporation and Allison Rippin Armstrong at the 2011 Nunavut Mining Symposium from April 5 -7, 2011 in Iqaluit, Nunavut.
About Kivalliq Energy Corporation
Kivalliq Energy Corporation is a uranium exploration and development company, and the first company in Canada to sign a comprehensive agreement with the Inuit of Nunavut to explore for uranium on Inuit Owned Lands in Nunavut.
With an NI 43-101 compliant Inferred Mineral Resource of 810,000 tonnes grading 0.79% U3O8, totaling 14.15 million lbs U3O8 (17.5 lbs U3O8/tonne) at a 0.2% U3O8 cut-off grade, the Lac Cinquante Deposit is Canada's highest grade uranium deposit, outside of the Athabasca Basin. Kivalliq's flagship project, the 225,000 acre Angilak Property in Nunavut, hosts the high-grade Lac Cinquante deposit, along with nine additional high priority target areas. Since acquiring the Angilak Property in 2008, the Company has invested approximately $12 million conducting systematic exploration.
On behalf of the Board of Directors
James Paterson, CEO
Kivalliq Energy Corporation
Kivalliq Energy Corporation is a member of the Discovery Group of companies, for more information on the group visit www.discoveryexp.com.