TSXV-listed GoviEx Uranium has signed drilling contracts with Esafor and Foraco to undertake drilling programmes related to a feasibility study for its Madaouela uranium project in Niger. GoviEx CEO Daniel Major says that following the positive results of the updated pre-feasibility study (PFS) that was announced February 18, and based on the company’s view that the uranium market fundamentals are demonstrating continued improvement, GoviEx has decided to move straight on to the completion of the feasibility study required to secure project financing. “A key benefit from the updated PFS was the simplification and optimisation of the project, which has also simplified the scope of the remaining test work expected to be completed in support of a feasibility study.”
