GoviEx Uranium Inc., in Africa

Uranium (Nuclear Minerals) / Exploration, Mining, Marketing, & Acquisitions

Date posted: 01/09/17

On a U3O8 and an U3O8Eq basis, GXU has one of the largest mineral resources among its uranium peers. Madaouela (Niger) 1. Located about 10 km south of Arlit, and Areva mining subsidiaries of Cominak and Somair, in north central Niger 2. Deposits hosted within sandstones of the Tim Mersoi Basin 3. Approved Mad 1 Mine Permit (Jan 2016), and ESIA (July 2015) 4. Infrastructure includes... road access, labour, groundwater and available grid power 5. Integrated Development Plan (PFS) updated August 2015 6. Probable mineral reserves are 60.54 Mlb U3O8 Mutanga (Zambia) 1. Located about 200 km south of Lusaka, immediately north of Lake Kariba, at elevations of 500 metres to 960 metres 2. Resource (September 2013) of 10.3Mt @ 0.034% U3O8 (7.8M lbs U3O8 contained) in the measured and indicated, and 65.2 Mt @ 0.03% U3O8 (41.4M lbs U3O8 contained) in the inferred category, Mutanga, Dibwe and Dibwe East deposits defined to date 3. Uranium deposits hosted within sandstones of the Escarpment Grit Formation of the Karoo Super Group 4. 25-year mine license, based on open-pit mining plus heap leach 5. Considerable technical and environmental work completed to date Falea (Mali) 1. Located within the Falea, North Guinea-Senegal Neoproterozoic Basin, about 80 km from Areva Saraya East uranium deposit. 2. Three licenses.... Bala, Madini, and Falea 3. In addition, Falea contains 63M lbs Cu and 21M oz Ag 4. Only 5% of the 225 km2 land package has been explored 5. Most known ore zones remain open for exploration 6. Considerable technical and environmental work completed to date 7. Forecast underground mining operation 8. Process route includes recovery of copper and silver Technical reports ... http://www.goviex.com/technicalReports.php