GoviEx Uranium (TSE:GXU) has released an update.
GoviEx Uranium is expanding its mining efforts in Zambia by securing an option to acquire a 51% stake in the Lundazi exploration license, focusing on Karoo hosted Uranium deposits. The company plans to start initial exploration in 2025, and this move aligns with its ongoing exploration at the Muntanga Project, which is nearing the publication of a Feasibility Study. Zambia’s supportive mining environment and GoviEx’s existing area knowledge position the company for potential success in uranium exploration.
For further insights into TSE:GXU stock, check out TipRanks’ Stock Analysis page.