GoviEx Uranium Inc., a mineral resources company, focuses on the exploration and development of uranium properties. It principally holds 100% interest in the Madaouela project that consists of seven contiguous tenements covering an area of approximately 1,596 km2 located in the Agadez region of north central Niger. The company was formerly known as Govi High Power Exploration Inc. and changed its name to GoviEx Uranium Inc. in September 2008. GoviEx Uranium Inc. was founded in 2006 and is headquartered in Vancouver, Canada.
World Trade Centre
999 Canada Place
Vancouver, BC V6C 3E1
Founded in 2006
GoviEx Uranium and Toshiba Agree to Two-Year Bond Extension
Sep 2 15
GoviEx Uranium Inc. announced that its strategic partner, Toshiba Corporation has agreed to a two-year extension of an early redemption right of Toshiba's uranium loan (B Bond), to December 31, 2017. GoviEx remains focused on advancing the mining permit application process for its Madaouela Project.
GoviEx Uranium Inc. Files an Update of NI 43-101 Integrated Development Plan for the Madaouela Uranium Project in Niger
Aug 11 15
GoviEx Uranium Inc. announced that it has filed an updated NI 43-101 Integrated Development Plan (IDP) for the Madaouela Uranium Project in Niger, defining a large, low operating cost, commercially viable uranium project in the prolific Arlit uranium-mining district of northern Niger. The new IDP has generated a higher net present value and lower operating costs than the April 2014 version, largely due to the 13% increase in resources, lower process costs from reduced acid consumption and higher recovery achieved by additional ablation and leach test work. The company already has received the approval of its Environmental Social Impact Assessment for the Madaouela Project from the Minister in charge of the environment, and as announced on June 30, 2015, has filed the application for a Mining Permit based on the project defined in the updated IDP. The Madaouela Uranium Project is located near Arlit, in north central Niger, in one of the most significant areas of producing sandstone-hosted uranium deposits in the world. The project is controlled 100% by GoviEx Niger Holdings Ltd., a wholly owned subsidiary of GoviEx Uranium. The project is an advanced stage property, for which five deposits have been developed to a high level of confidence (Marianne, Marilyn, Miriam, MSNE and Maryvonne). The IDP is based on detailed pre-feasibility geological studies, metallurgical testing and processing options, mine design, infrastructure, rock mechanics, tailings and heap leach, hydrogeological and environmental impact. Mining schedules have been developed including open pit mining at the Miriam deposit, and room and pillar mining with decline access at a combined 4,020 tonne-per-day production rate from Marianne-Marilyn, MSNE and Maryvonne deposits. The base case mineral processing design is crushing, radiometric sorting, ablation and two-stage tank acid leaching, solvent extraction, with dry stack tailings. Utilizing Cyanex 600 resin allows both uranium oxide yellow cake and by-product molybdenum oxide to be produced as commercial products with acceptable quality for sale.
GoviEx Uranium Inc. Announces Board Changes
Jul 2 15
GoviEx Uranium Inc. at its Annual General and Special Meeting held on June 26, 2015, appointed Christopher Wallace to the Board of Directors. Mr. Wallace has more than
35 years of banking and corporate finance experience. He previously served as the Managing Partner of Second City Capital Corporation. He also was the Chief Operating Officer of Canadian Maple Leaf Financial Corporation until 1998 when he left the firm to set up Stirling Mercantile Corporation. William (Bill) Assini did not stand for re-election at the meeting.