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GoviEx Announces Positive Results of Geophysics Program at Falea Project, Mali
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GoviEx Uranium Inc : GoviEx Announces Positive Results of Geophysics Program at Falea Project, Mali
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GoviEx Announces Positive Results of Geophysics Program at Falea Project, Mali
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Vancouver, British Columbia–(Newsfile Corp. – June 9, 2021) –
GoviEx Uranium Inc. (TSXV: GXU) (OTCQB: GVXXF) (“GoviEx or the “Company”) is pleased to announce positive gold assay results following the completion of its air-core drilling program on the Madini exploration license (“
Madini“), which is part of the Company’s Falea Uranium Project.
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International Drilling Company (“
IDC“), from Senegal, conducted a 142-hole (6,354 metres) air-core drilling program to test the gold potential associated predominantly with soil anomalies, on Madini. The holes were sited, based on the previously reported soils and termite gold anomalies, and have been drilled to a maximum depth of 60 metres.
GoviEx Uranium Inc.: GoviEx Announces Drill Program on Mutanga Project, Zambia
GXU) (OTCQB:
GoviEx or the
Company ) is pleased to announce that it has executed a drilling contract with Hydro Tech Drilling & Exploration (Z) LTD (
Hydro Tech ) to undertake exploration and resource delineation drilling programs focused at the Company s Mutanga Uranium Project, in Zambia (the
Project ). With the reissued Chirundu Mining Permit we are keen to get back to advancing our Zambian assets with the development of Mutanga. The Project benefits from very simple and straight forward operations due to low-waste stripping, low acid consumption and potentially one of the lowest capital expenditure requirements of its African peers needed to get into production. The mine plan currently forecasts an 11-year mine life and the drill targets identified through trenching, in known uranium intersections, indicate potential for resource extension making this a potential long-life project. Furtherm