Kivalliq Energy Corporation: 2011 RC Exploration Strategy Yields New Discoveries

VANCOUVER, BRITISH COLUMBIA–(Marketwire – Oct. 3, 2011) – Kivalliq Energy Corporation (TSX VENTURE:KIV) (the “Company” or “Kivalliq”) today provided an update from property-wide exploratory reverse circulation (“RC”) and diamond drilling proximal to and along strike of the structure hosting the high grade Lac Cinquante Uranium Deposit. The RC strategy in 2011 was designed to advance prospecting and geophysical targets, across the 225,000 acre Angilak Property in Nunavut, Canada, to a level where diamond drill testing is warranted.