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Bullboard - Stock Discussion Forum Goviex Uranium Inc V.GXU

Alternate Symbol(s):  GVXXF

GoviEx Uranium Inc. is a Canada-based mineral resource company. The Company is focused on exploring and developing its 100%-owned Muntanga uranium project in Zambia. The Muntanga Project comprises three mining licenses and three exploration licenses with a total combined area of 1,225.9 square kilometers (km2). The three mining licenses include Muntanga, Dibbwi and Chirundu, encompassing 720.5... see more

TSXV:GXU - Post Discussion

Goviex Uranium Inc > MUTANGA DRILLING ...
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Post by Born2Struggle2 on May 31, 2021 10:11am

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)
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