Proactive - Interviews for investors

GoviEx Uranium CEO on high recoveries, low acid consumption at Mutanga ahead of feasibility study

Episode Summary

GoviEx Uranium Inc (TSX-V:GXU, OTCQX:GVXXF) CEO Daniel Major takes Proactive's Stephen Gunnion through pre-feasibility study test work at the company's Muntanga project in Zambia that revealed uranium recoveries of 90% or better at Muntanga and Dibbwi East, surpassing previous expectations. The company had previously recorded an average recovery of 88%, making this an encouraging step forward as GoviEx progresses toward a full feasibility study. He highlighted that significant metallurgical test work was done, improving the project’s results by moving from two-meter to six-meter columns, which produced better recoveries and low acid consumption. Major further noted that these results would help finalise operating and capital costs and push the feasibility study toward completion. He expressed optimism about the study’s outcome, stating it could be ready in a few weeks. As GoviEx continues to fine-tune the numbers for the study, it is also advancing the ESIA process for Dibbwi East and aiming to accelerate the project toward financing and early works in 2024. Make sure to visit Proactive’s YouTube channel for more videos, and don't forget to give the video a like, subscribe to the channel, and enable notifications for future content. #GoviExUranium #DanielMajor #UraniumRecovery #MutangaProject #ZambiaMining #FeasibilityStudy #NuclearEnergy #MiningUpdates #ProactiveInvestors #ESIA #CapitalCosts #ProactiveInvestors #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews