TSXV:GXU - Post Discussion
Post by
Born2Struggle2 on Sep 27, 2021 9:05pm
MUTANGA DRILLING RESULTS ...
Confirming quality of the deposit, potential to expand ... FS coming closer .
“The Mutanga project benefits from being a technically straight forward project due to its low waste stripping ratio and acid consumption and with a low capital efficiency per pound of forecast annual uranium production. The consistency of ore zones and uranium grade reported from this initial infill drilling campaign underpins our confidence in the upgrading potential of mineral resources from an inferred to an indicated category in the Dibwe East, but also indicates potential to
extend the mineralized zone, especially to the southwest, beyond the initially interpreted ore boundary. Based on this
very positive result we plan, during 2022, to complete the infill resource drilling Dibwe East as well as upgrade the previously completed process work to a feasibility study level of confidence. Having two mine permitted projects; Madaouela uranium project in Niger and the Mutanga Project, in Zambia - GoviEx has a strong project pipeline and is well positioned as we see the uranium market price improving toward its projected long-term trend.” Daniel Major, Chief Executive Officer, commented.
at ...
2021-09-27_gxu_nr_mutanga_drill_results_final.pdf (goviex.com)
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