GoviEx aims for Niger uranium feasibility, shares active

GoviEx aims for Niger uranium feasibility, shares active

GoviEx Uranium Inc. [ GXU -TSX, GVXXF -OTCQB] shares were active Thursday after the company said it has launched a 2022 field program at its 100%-owned Mutanga uranium project in Zambia.

The field program will target key aspects aimed at moving Mutanga towards the completion of a feasibility study and potential subsequent funding and construction. The program includes 15,500 metres of drilling aimed at upgrading Mutanga’s Dibwe East resource from inferred to the indicated category.

GoviEx has also commissioned 9,000 metres of diamond drilling to obtain core samples for uranium assays that will be used to determine uranium disequilibrium factors for Mutanga’s Debwe East and Dibwe deposits. The drilling will also provide metallurgical samples for process verification and optimisation test work for geotechnical studies.

Meanwhile, the company is planning a hydrogeological study to find a reliable water source for the plant and carry out dewatering studies for the open pits.On Thursday, GoviEx […]

About the author: StockMan
Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.
Posting Guidelines
  • Do contribute something to the discussion
  • Do post factual information, analysis and your view on company valuations
  • Do disclose if you have an interest in a security
  • Do take our Terms of Use seriously
Do Not
  • Do not make low-content posts, unsubstantiated ramps or untruthful/misleading statements
  • Do not complain about a post unless you have reported it first, and not on the forum.
  • Do not post financial advice
  • Do not advertise or post sponsored content

Get involved!

Get Connected!

Come and join our community. Expand your network and get to know new people!


No comments yet