html5-img
1 / 2

goviex

The Republic of Niger Uranium Country. Uranium exploration and development in the heart of Niger’s uranium-producing district. +40 years of continuous uranium production >110,000 tonnes World’s 6 th largest uranium-producing nation, accounting for 8% of total production

aiden
Télécharger la présentation

goviex

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. The Republic of Niger Uranium Country Uranium exploration and development in the heart of Niger’s uranium-producing district • +40 years of continuous uranium production >110,000 tonnes • World’s 6th largest uranium-producing nation, accounting for 8% of total production • Uranium sales account for majority of Niger’s export revenue • 2006 Mining Law encouraging foreign direct investment • Transparent permitting processes • Existing mining infrastructure available for the development of new mines, lowering capital costs • Niger is a major uranium producer since the 1970’s, currently 8% global supply • Established NI 43-101 uranium resources, 122 million pounds and growing • Experienced, professional team, based on 100% local workforce with internationally-based uranium and mining industry experts • Madaouela Project economic viability confirmed by IDP • Considerable exploration upside on 1,596 km2 of licenses within Niger’s uranium producing district AREVA’s SomairMine, 15 kilometres from Madaouela Field reconnaissance New GEFCO drills at GoviEx warehouse in Niger New GoviEx permanent camp at Madaouela Currently utilizing 100% Niger local labor GoviEx is a private uranium-focused exploration and development company with 7 tenements covering approximately 1,596 square kilometres of exploration ground in Niger. Building on exploration work performed in the 1960's by the French, Japanese and Nigerien governments and utilizing the skills and experience that developed Areva's mines nearby, GoviEx is conducting one of the world’s largest ongoing uranium exploration programs, focused on the Madaouela and AnouMellé tenements, located in the world-class uranium-producing Arlit District. Govind Friedland Executive Chairman govind@goviex.com Pierre MasséChief Financial Officerpierrem@goviex.com Daniel Major Chief Executive Officer danielm@goviex.com Aminou BoukaryCountry Manager, NigerAminou@goviex.com To date GoviEx’s technical team has completed one of the worlds largest exploration programs on the Madaouela Projects’ seven deposits. GoviEx has maintained strong environmental and social standards. This includes support for local communities and a strong commitment to employee Nigerien staff in all roles and Nigerien contractors where ever possible. +1.604.689.8765 This document includes certain “forward-looking statements”. All statements other than statements of historical facts, are forward looking statements that involve various risks and uncertainties. Statements relating to “resources” are deemed to be forward-looking statements, as they involve the implied assessment, based on certain estimates and assumptions, that the resources described can be profitably produced in the future. There can be no assurances that such statements will prove accurate and actual results and future events could differ materially from those anticipated in such statements. Such information contained herein represents management’s best judgment as of the date hereof based on information currently available. The company can not guarantee future results, levels of activity, performance, or achievements. The company does not assume the obligation to update any forward-looking statement. www.goviex.com www.goviex.com

  2. Madaouela Project Resources March 2013 Integrated Development Plan confirms project viability In March 2011 GoviEx presented a Preliminary Economic Assessment that indicated that the Madaoeula Project could be developed economically. GoviEx completed an Integrated Development Plan (IDP) in September 2013, and results to date from the study have underscored the economic potential of the Project. The IDP examined additional metallurgical testing, processing options, conceptual mine design, including geotechnical and hydrological studies. Capital and operating costs estimates in the study have been based predominantly on quotation to improve the integrity of the resulting economics. The IDP considers the development of the Marianne-Marilyn, MSNE and Maryvonne deposits by underground room and pillar mining, and the Miriam deposit as an open pit. Ore processing will include radiometric ore sorting and ablation to upgrade plant feed grades prior to two stage tank acid leaching and solvent extraction. Tailings material will be dry stacked to ensure international environmental standards are achieved. Environmental impact studies are well advanced. The proposed base case envisions an average 2.53Mlb per year U3O8 yellowcake production rate, and an 83.0% ultimate recovery; generating a twenty one year mine life producing 45.6Mlb of U3O8. Based on a long term uranium price of US$70/lb U3O8 the project generates an after-tax NPV of US$251m at an 8% discount rate, with an IRR of 21.9%. Initial capital costs are estimated at US$339m, and cash operating costs of US$26.39/lb U3O8, excluding royalty payments. Immediately adjacent to the Madaouela Uranium Project are the Somair open pit mine and Cominak underground mine, both Areva subsidiaries, and have operated uninterrupted since the 1970s. Arlit mining district has well developed infrastructure. Arlit and Akokan have over 100,000 people supporting local mining operations with airport, drilling, transport companies, electricity, potable water and a hospital. Arlit is connected to the Southern part of Niger via the so-called “uranium-highway.” Proposed Process Plant Layout A power line connects the mine towns to the Sonichar coal-fired power station located North of Agadez. GoviEx’seven exploration licenses cover approximately 1596km2. Since 2008 GoviEx has completed over 550,000m of exploration drilling, predominately on Mad 1, resulting in definition of 122Mlb of total resources. Deposits for underground mining include Marianne-Marilyn, MSNE and Maryvonne. These 100m deep near flat sandstone hosted tabular deposits span several kilometres in plan, and average deposit thickness about 1m. Miriam open pit deposit, is approximately 1km in strike and average deposit thickness of 20m. GoviEx’s exploration program is focusing on high-priority targets within the remaining 70% of the exploration licenses held by GoviEx further south and on trend with existing discoveries and other producing U mines in the Arlit district. www.goviex.com www.goviex.com

More Related