Madaouela Uranium Project Progressing Ahead With Commencement Of Front End Engineering Designs

Madaouela Uranium Project Progressing Ahead With Commencement Of Front End Engineering Designs

VANCOUVER – GoviEx Uranium Inc. reported progress at its Madaouela Uranium Project in Niger with the commencement of Front-End Engineering Designs. The Project is also moving forward with initial ground works, including the construction of an access road, which is planned to be followed by comprehensive site clearance and terracing, and then initial civil engineering construction.

This progression marks a significant step towards the Madaouela Project’s development, complementing both the initiation of lender due diligence announced earlier and GoviEx’s receipt of expressions of interest (EOIs) for project-related debt finance of approximately USD 200 million.