By BUUMBA CHIMBULUA Canadian firm, GoviEx Uranium, has executed a drilling contract with Hydro Tech Drilling and Exploration (Z) Limited to undertake exploration in the company’s Mutanga Uranium Project in Zambia.Hydro Tech will also deal with resource delineation drilling programmes focused at the company’s Mutanga Uranium Project in Zambia.Hydro Tech is a Zambian drilling company that specialises in groundwater and exploration drilling and has been operating for seven years.With the reissued Chirundu Mining Permit, GoviEx is keen to get back to advancing the Zambian assets with the development of Mutanga, says company Chief Executive Officer, Daniel Major.Mr Major said the project benefits from simple and straight forward operations due to low-waste stripping, low acid consumption and potentially one of the lowest capital expenditure requirements of its African peers needed to get into production.“The mine plan currently forecasts an 11-year mine life and the drill targets identified through trenching, in known uranium intersections, indicate potential for […]
URANIUM FIRM SEALS DRILLING CONTRACT
