GoviEx Uranium says positive feasibility study results make Madaouela an appealing proposition

GoviEx Uranium Inc (TSX-V:GXU, OTCQX:GVXXF) CEO Daniel Major shares the positive results of a feasibility study (FS) for its Madaouela uranium project located in Niger with Proactive’s Stephen Gunnion.

The company said the FS showed Madaouela is one of the largest uranium resources in the world with 100 million pounds of U3O8 (triuranium octoxide) in measured and indicated mineral sources plus inferred resources of 20 million pounds of U3O8.

Major told Proactive that the next steps for GoviEx are to accelerate project financing and offtake discussions. And with permitting already in place for Madaouela, he said the FS results should appeal to potential investors and lenders.

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