GoviEx Uranium Inc (TSX-V:GXU, OTCQX:GVXXF) CEO Daniel Major joined Proactive’s Stephen Gunnion with the company’s latest updates and insights at Resourcing Tomorrow 2024.
Major highlighted the nearing completion of the feasibility study for the Muntanga Project in Zambia, emphasising strong test results with over 90% recoveries and low acid consumption. He also discussed advancements in environmental, social, and governance (ESG) plans, including the relocation action program for local communities.
He shared the company’s exploration efforts in Zambia, focusing on underexplored areas of the Karoo sand structure, and explained the strategic significance of these initiatives for future uranium supply. Regarding uranium markets, Major described 2024 as transformational, with increasing global acceptance of nuclear energy driven by extended reactor lifespans and enhanced fund investments.
“The big money is moving to nuclear,” Major stated, adding that projects like Matangi are essential to addressing supply deficits in the growing uranium market.
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