MUTANGA DRILLING ... “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. Furthermore, considerable metallurgical test work has already been undertaken to a pre-feasibility study standard, providing considerable confidence on the process route considered.” stated Daniel Major, Chief Executive Officer.
20210528_mutangadrillprog.pdf (goviex.com)