GoviEx Uranium Inc.: GoviEx Updates Mineral Resource and Development Drilling at Madaouela in Niger
GoviEx Uranium Inc. (
GoviEx or the
Company") is pleased to announce that further to its news release of April 13, 2021, ESAFOR and FORACO have commenced the drilling program, related to a Feasibility Study on the Company's Madaouela Uranium Project (the "
Project") in Niger.
"The current drilling program for the Feasibility Study works on the Project is well underway. The five-month program is designed to also cover infrastructure, tailings, geotechnical studies, and reconfirmation of water supply from the recently published updated pre-feasibility study (the "
Updated PFS")
1 on the Project We have already shipped a one tonne metallurgical sample that is currently on route to South Africa for further confirmatory Feasibility Study level metallurgical test work. With the continually improving uranium price, and two already Mine Permitted projects at Madaouela in Niger and Mutanga in Zambia, it is a very exciting time to be moving our projects forward as we work to create value for all stakeholders." stated Daniel Major, Chief Executive Officer.