Kivalliq energy presentation for web may 29 2012 hi rez

Developing Northern Canada’s
Advancing Northern Canada’s
Highest Grade Uranium Deposit
Click to edit Master title style
Highest Grade Uranium Deposit
September 2010
May 2012

Corporate Information
As at May 29, 2012
KIV: TSX-V kivalliqenergy.com

Corporate Structure
Shares Outstanding 173,050,370.00
Fully Diluted Shares 196,410,864.00
Working Capital C$16.49 million
Warrants weighted avg strike $0.39 11,198,994.00
Options weighted avg strike $0.43 12,161,500.00
Market capitalization (@ $0.40 ) C$69.22 million
Average Trading Volume (3 months) 210,110
Kivalliq Team
John Robins, P.Geo., Chairman Ownership
Jim Paterson, CEO, Director Insiders: 5%; Lumina Capital: 18.17% & 19.06%
Jeff Ward, BSc, P.Geo., President fully diluted; Close associates: 26%
Andrew Berry, COO Resource/Mining Funds: 11%
Jonathan Singh, BAccS, CGA, CFO
Bill Cronk, Exploration Manager Recent Financing
Jim Dawson, MSc., P.Eng., Director Q2 2012: 16.77 million FT shares at $0.50
Garth Kirkham, BSc, P.Geo, P.Geoph, Director 7.12 million NFT shares at $0.45
Dale Wallster, Director Q1 2012: 6.85 million FT shares at $0.52
Blair Lockhart, Corporate Secretary 13.13 million NFT shares at $0.45
Rob Carpenter, PhD., P.Geo., Technical Advisor 2

Trading History
December 31, 2009 – May 29, 2012

14.15 Mlbs
Resource Announced
Fukushima

Lumina Increases
Investment

Kivalliq Raises $9.5M

Kivalliq Stock Price (CND)
Lumina Increases Investment

16,600 m Drilling 30,000 m Drilling

Lumina Increases
Investment 27.13 Mlbs
Resource Announced
Uranium Spot Price (USD/lb)

Kivalliq Raises $12.5M
Lumina Increases Investment

80 Lumina Capital U Spot Price Kivalliq Raises $11.5M
Invests Bought deal private placement
60

40
2010 2011 2012 3

Angilak Property

Summary
• Highly prospective property
initially discovered 1970’s
• 252,830 acres in Nunavut
Territory, Canada
• High-grade 27.13 M lbs inferred
resource (1,779,000 tonnes
grading 0.69% U3O8 at 0.2% cut
off)
• Partnership with local Inuit
landholders “NTI”
• High rate of discovery and
resource expansion
4

Results Driven

2008 2009 2010 2011

Program
Budget $2M $1.5M $9M $17M

NI 43-101 Inferred Revised Inferred
Identified 9 km
NTI partnership; Resource of 14.15 Resource of 27.13 Mlbs
geophysical trend;
consolidated land Mlbs at 0.79% U3O8; at 0.69% U3O8;
Milestones position; KIV on
validated high
Drilling (Blaze) and new discoveries
grade historic Lac
TSX-V prospecting (Pulse/Western and
Cinquante
discoveries Eastern Extensions/BIF)

1,745m drilled; 30,000m resource /
16,600 m drilling;
Data compilation; infrastructure exploratory drilling;
property wide
Work ground truth 150 study; deposit ground/airborne
prospecting;
Completed showings; 6000 lkm modeling; 600
baseline studies;
geophysics; property
airborne geophysics lkm ground wide prospecting;
Resource estimate
geophysics baseline studies
5

Resource Increases by 92%

Inferred Mineral Resource Estimate of 1,779,000 tonnes
grading 0.69% U3O8 at a 0.2% cut off

• 27.13 M lbs Uranium
• 931, 100 oz Silver
• 9.92 M lbs Copper
• 6.17 M lbs Molybdenum

Diamond Drill Rig at the Angilak Property, 2011 Exploration Season

6

Growth Potential Along Trend

7

Lac Cinquante Mineral Resource

Lac Cinquante Inferred Mineral Resource Estimate 1,779,000 tonnes grading 0.69% U3O8,
totalling 27.13 million lbs U3O8 (15.2lbs U3O8/tonne) at a 0.2% U3O8 cut-off grade.
8

Cross Section Examples

9

Continuing Resource Expansion

Lac Cinquante Inferred Mineral Resource Estimate
(January 17, 2012) 1,779,000 tonnes grading 0.69% U3O8, totalling 27.13
million lbs U3O8 (15.2 lbs U3O8/tonne)at a 0.2% U3O8 cut-off grade.

Western Extension Main Zone Eastern Extension

10

High-Grade Uranium Property-Wide

11

Prospecting Discovery - BIF Zone

12

High Grade Deposit vs Peers
As at March 14, 2012

0.80%

Lac Cinquante Resource
0.70% Kivalliq Energy Corp. M lb U3O8

0.60% 27.13
Matoush Kiggavik
Strateco Resources Areva 27.00
0.50%
Grade % U3O8

Kuriskova
European Uranium Resources 25.74
0.40% (formally Tournigan)

41.20
0.30%
Global Median Grade
(Excluding Athabasca Projects) 103.22
0.20%
Falea 127.00
Rockgate Capital Corp Michelin
0.10%
Paladin Energy Ltd.

0.00%
20.00 40.00 60.00 80.00 100.00 120.00 140.00
Resource M lb U3O8
13

Peer Comparison Table
As at May 17, 2012

Avg. Grade M&I Inf. Total Market
Company Property Stage
(%U3O8) (M lbs) (M lbs) (M Lbs) Cap ($M)

Angilak/
Kivalliq Exploration 0.69% 0.00 27.13 27.13 52.20
Lac Cinquante

Pre- Rio bid
Hathor Roughrider 2%-11.6% 17.20 40.73 58.00
Feasibility $654 M

Fission Waterbury Lake Exploration 1.99-0.46% 7.37 1.51 8.88 49.83

Adv.
Strateco Matoush 0.78-0.43% 7.78 19.22 27.00 60.19
Exploration

Adv.
Rockgate Falea 0.11-0.10% 18.65 7.09 25.74 54.24
Exploration

European
Uranium Pre-
Kuriskova 0.18-0.56% 28.50 12.70 41.20 9.42
Resources Feasibility
(formally Tournigan) 14

2012 Exploration Program

The following summarizes both the first and second phase of the proposed
$20 million 2012 exploration campaign:

• 26,000 metres of core drilling
• 9,000 metres of RC drilling
• Ground geophysical surveys consisting of gravity, magnetics and electro-
magnetics
• Continued prospecting to advance high-priority target areas defined by
the 2011 program and identify new targets on a property wide scale
• Ongoing modeling, geological, metallurgical, environmental and
archeological studies
• Continued emphasis on community consultation
• Engineering studies focused on expanding infrastructure to support future
programs
• Update to the current Lac Cinquante Inferred Resource by Q2 2013.

15

Investment Highlights

• Experienced Team

• Supportive Shareholder Base

• Landmark Partnership with Inuit

• High-Quality Uranium Project

• High rate of discovery and
resource expansion
RC Drill Rig at the Angilak Property, 2011 Exploration Season

16

Disclaimer

This presentation does not constitute an offer to sell or solicitation of an offer to buy any securities of Kivalliq
Energy Corporation.

The information in this presentation related to the mineral resource estimate has been approved by Robert Sim,
P.Geo, of SIM Geological Inc. who is an independent Qualified Person as defined under National Instrument
43‐101. Jeff Ward, P.Geo, President of Kivalliq and a Qualified Person for the Company has reviewed and
approved the information contained in this presentation and related news releases.

FORWARD LOOKING STATEMENTS

This presentation contains "forward-looking statements". These forward-looking statements are made as of the
date of this presentation and Kivalliq Energy Corporation does not intend, and does not assume any obligation,
to update these forward-looking statements. Forward-looking statements include, but are not limited to,
statements with respect to the timing and amount of estimated future exploration, success of exploration
activities, expenditures, permitting, and requirements for additional capital and access to data.

Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause
the actual results, performance or achievements of the Company to be materially different from any future
results, performance or achievements expressed or implied by the forward-looking statements. Such factors
include, among others, risks related to actual results of current exploration activities; changes in project
parameters as plans continue to be refined; the ability to enter into joint ventures or to acquire or dispose of
property interests; future prices of mineral resources; accidents, labour disputes and other risks of the mining
industry; ability to obtain financing; and delays in obtaining governmental approvals or financing.

17

Appendices

• Warrants and Options Schedule

• Inuit Partnership (NTI)

• Expanding Infrastructure
Through Mine Development

• Inferred Mineral Resource Estimate
Lac Cinquante Deposit (January 2012)

Warrant & Option Schedule

Warrants Options
Number Strike Price Expiry Date Number Strike Price Expiry Date
6,350,000 0.35 28-Jul-12 28,000 0.36 18-Jun-12
2,450,000 0.35 10-Sep-12 2,025,000 0.15 12-Nov-13
370,008 0.9 30-Mar-13
150,000 0.25 11-Aug-14
249,000 0.5 31-Mar-13
513,500 0.3 29-Jan-15
60,000 0.5 5-Apr-13
179,383 0.5 21-Feb-14 1,040,000 0.45 22-Apr-15

146,820 0.55 21-Feb-14 20,000 0.4 8-Sep-15
0.38 2,610,000 0.5 19-Oct-15
9,805,211
(weighted average)
75,000 0.77 22-Feb-16

3,350,000 0.5 19-Jan-17

2,350,000 0.5 25-Jan-17
0.427
12,161,500
(weighted avg)

Appendix 1

Inuit Partnership (NTI)

Partnership Terms
• Kivalliq:
• First company with right to explore for uranium on
privately-held Inuit Owned Land in Nunavut
• 100% interest in Lac Cinquante property
(IOL-RI30)

• Nunavut Tunngavik Incorporated (NTI):
• One million KIV shares over 36 months (fully issued)
• Interest in adjacent Angilak mineral claims Rob Carpenter , Director of Kivalliq Energy with
Carson Gillis, Director, NTI and CG
• Annual advanced royalty payments of $50,000
“Building a strong and sustainable economy
• $1 million, upon completion of a NI 43-101 measured that is supported by the exploration and
resource report of ≥12 Mlbs of uranium mining industry is a key objective of the
• At feasibility, can participate with a 25% funding project Nunavut Government and Nunavut Tunngavik
Incorporated. Nunavut is a pro-mining and
interest or choose a 7.5% net profits royalty (NTI Royalty) pro-uranium jurisdiction that is open for
• In lieu of royalties to the Government of Canada, an business.”
underlying 12% net profits royalty is payable on Inuit
Carson Gillis, Director, Department of Lands and
Owned Land (IOL Royalty) Resources, Nunavut Tunngavik Incorporated (NTI)
Appendix 2

Expanding Infrastructure
Through Mine Development

• Federal Government - focus on
Northern development
• Rail to Churchill
• Barge to Baker Lake
• Year round and seasonal road
expansion
Lac Cinquante
Uranium Deposit
• Regional airports with scheduled
service
• Developments at Kiggavik (Areva)
and Meadowbank/ Meliadine
(Agnico-Eagle) will add infrastructure
options
• Opportunity for year round or
seasonal road link to Baker or Rankin
Appendix 3

Inferred Mineral Resource Estimate

Ag
Cut-off Tonnes U3O8 U3O8 Mo Cu
Ag (g/t) Mo (%) Cu (%) (oz x
U3O8 (%) (T x1000) (%) (Mlbs) (Mlbs) (Mlbs)
1000)
0.10 2163 0.60 14.8 0.14 0.24 28.37 1026.6 6.83 11.64
0.15 1954 0.65 15.7 0.15 0.25 27.8 983 6.46 10.77
0.20 1779 0.69 16.3 0.16 0.25 27.13 931.1 6.17 9.92
0.25 1593 0.75 16.9 0.17 0.25 26.21 865.5 5.8 8.88
0.30 1444 0.80 17.2 0.17 0.26 25.32 800.0 5.45 8.12
0.40 1159 0.91 18.0 0.19 0.25 23.14 668.9 4.75 6.46
0.50 912 1.03 19.5 0.21 0.26 20.71 573.1 4.28 5.15

• The Mineral Resource estimate for Lac Cinquante was prepared under the direction of Robert Sim
P.Geo., of SIM Geological Inc. A resource model was generated using drill sample assay results
from Kivalliq's 2009, 2010, and 2011 field seasons (up to December 31, 2011), and interpretation
of a geological model relating to spatial distribution of uranium. At a base case cut-off grade of
0.2% U3O8, an Inferred Mineral Resource is estimated at 1,779,000 tonnes averaging 0.69% U3O8,
containing 27.13 MlbsU3O8. For evaluation purposes, three additional metals: 931,100 oz silver,
6.17 Mlbs molybdenum and 9.92 Mlbs copper have also been estimated within the resource model
at a 0.2% cut-off.
Appendix 4

Inferred Mineral Resource Estimate by Zone

Ag
Tonnes U3O8 Ag Mo U3O8 Mo Cu
Zone Cu (%) (oz x
(T x 1000) (%) (g/t) (%) (Mlbs) (Mlbs) (Mlbs)
1000)
Main 923 0.79 13.3 0.22 0.15 16.06 393.0 4.57 3.13
Western
598 0.57 19.0 0.04 0.38 7.54 365.4 0.59 4.97
Extension
Eastern
258 0.62 20.8 0.18 0.32 3.53 172.8 1.02 1.82
Extension
Total 1779 0.69 16.3 0.16 0.25 27.13 931.1 6.17 9.92

Notes
• Base case cut-off of 0.2%U3O8 is highlighted in the table.
• High U3O8 grades were cut to 5% and grade limiting was applied to those grades above 3%.
• Mineral Resources are not Mineral Reserves. Mineral Resources do not have demonstrated
economic viability, and may never be converted into Reserves.
• Contained metal values may not add due to rounding.

Appendix 5

Contact Information

Kivalliq Energy Corporation
#1020-800 W Pender Street
Vancouver, BC V6C 2V6

Toll Free: 1.888.331.2269 Fax: 604.646.4526
www.kivalliqenergy.com

For more information, please contact Jim Paterson, CEO,
or Shannon Coutts, Corporate Communications
at 604.646.4527 or info@kivalliqenergy.com

Kivalliq energy presentation for web may 29 2012 hi rez

Recomendados

Recomendados

Mais conteúdo relacionado

Mais procurados

Mais procurados (20)

Destaque

Destaque (7)

Semelhante a Kivalliq energy presentation for web may 29 2012 hi rez

Semelhante a Kivalliq energy presentation for web may 29 2012 hi rez (20)

Último

Último (12)

Kivalliq energy presentation for web may 29 2012 hi rez