Jan 27 2015
GoviEx Uranium Inc. announced today that the Environmental and Social Impact Assessment (ESIA) for the company's Madaouela Uranium Project is on track to be completed by the end of January and is expected to filed with the Nigerien Ministry of the Environment in February.
"The completion of the ESIA and receipt of environmental compliance certificate is the penultimate step towards qualifying for a mining permit at Madaouela. The Project team is fortunate to be advancing the Madaouela Project amidst an improving outlook for the uranium concentrate market," said GoviEx Chief Executive Officer Daniel Major.
GoviEx's field technicians have been actively collecting, processing and interpreting relevant data in close cooperation and supervision from the internationally recognized leader SRK Consulting (UK) Ltd. and Niger environmental consultant, Legeni S.A., for the past three years. This long lead-time is to fully account for the seasonality of the environment and thorough engagement with the local communities.
The Madaouela feasibility study, as outlined in the NI 43-101 Integrated Development Plan, defined a large, low operating cost, commercially viable uranium project in the prolific Arlit uranium-mining district of northern Niger.
The environmental compliance certificate on receipt with the Madaouela ESIA and the feasibility study is to be filed with the Minister in charge of mining for the Project's mining permit. GoviEx is targeting completion of the mine permitting process in 2015, so that the Madaoulea Project can be brought into near-term development within an improving uranium market as forecast by market consensus.
About GoviEx Uranium Inc.
GoviEx is a CSE-listed mineral resource company incorporated in British Columbia focused on the exploration and development of uranium properties. The company's principal objective is to become a significant uranium producer through the continued exploration and development of its Madaouela Project and its other uranium properties in Niger.