GoviEx Uranium Announces Drill Program on Mutanga Project, Zambia

Vancouver, British Columbia–(Newsfile Corp. – May 28, 2021) – GoviEx Uranium Inc. (TSXV: GXU) ( OTCQB: GVXXF ) (" 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 […]

Click here to view original web page at www.juniorminingnetwork.com

About the author: StockMan

Please remember:

The information provided here is for general knowledge and educational purposes only.
It is not intended to be a substitute for professional financial advice.
Every individual's financial situation is unique, and what works for one person may not work for another.
Before making any investment or financial decisions, you should always consult with a qualified financial advisor who understands your specific circumstances and goals.

Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, should never be acted upon. Please be aware that any information posted on this site should not be considered to be financial advice and i am not a financial advisor.