–News Direct–

GoviEx Uranium Inc (TSX-V:GXU, OTCQX:GVXXF) CEO Daniel Major spoke to Proactive's Stephen Gunnion about discussions the company is having with the Government of the Republic of Niger regarding its mining operations after receiving notice it must start mining at its Madaouela uranium project by July 3, 2024.

If the company fails to start mining by that date, there is a risk its mining permit will be revoked.

Major said GoviEx is committed to developing the project and working with the Nigerien government to do so in a way that upholds the relevant laws and protects its rights.

He outlined GoviExs strategies to safeguard its legal rights while aiming for the best outcomes for stakeholders, including investors and local communities.

Major also provided an update on the company's project in Zambia, from continued drilling to progress in feasibility studies, reflecting the projects steady advancement.

Contact Details

Proactive North America

Proactive North America

+1 604-688-8158

[email protected]

View source version on newsdirect.com: https://newsdirect.com/news/goviex-uranium-ceo-says-company-is-talking-to-niger-government-regarding-its-mining-permit-132714608

GoviEx Uranium Inc

COMTEX_451286384/2655/2024-04-23T10:35:20

–News Direct–

First Phosphate Corp CEO John Passalacqua and Chief Geologist Gilles Laverdiere joined Steve Darling from Proactive to announce the third set of assay results from its ongoing 25,000 metres drill program at the Bgin-Lamarche project in Quebec. With a total of 23,398 meters drilled, assays from 9,155 meters have been completed, while 4,691 samples are still pending at the laboratory.

The latest positive results include significant intersections in various zones of the project. In the Phosphate Mountain Zone, drill hole BL-24-56 intersected 11.82% P2O5 over 92.5 meters from a surface depth of 6.5 meters. This zone exhibits a thick layer of phosphate-bearing nelsonite outcropping on the surface, with several other high-grade intersections exceeding 10% P2O5. The Phosphate Mountain Zone is merging with the Northern Zone, which has delineated a 500-meter-thick phosphate mineralized envelope containing up to five individual layers ranging from 60 to 100 meters in thickness. The combined strike length of the Phosphate Mountain Zone and the Northern Zone is approximately 600 meters.

In the Northern Zone itself, drill hole BL-24-40 intersected 7.76% P2O5 over 88.2 meters from a depth of 186.0 meters, including 9.33% P2O5 over 61.2 meters. Positive results were also observed in the Northwestern Zone and Southern Zone, indicating the project's robust mineralization potential across multiple areas.

Contact Details

Proactive Investors

+1 604-688-8158

[email protected]

View source version on newsdirect.com: https://newsdirect.com/news/first-phosphate-releases-drill-results-from-begin-lamarche-including-11-82-igneous-phosphate-573364994

First Phosphate Corp

COMTEX_451285909/2655/2024-04-23T10:27:21

–News Direct–

Condor Resources CEO Chris Buncic joined Steve Darling from Proactive to announce his appointment as the Companys new President and CEO. Buncic brings over 24 years of experience in the mining industry and capital markets to his new role. He most recently served as the co-founder and CEO of Alto Verde Copper Inc., where he focused on copper assets in Chile before the company was acquired by Interra Copper Corp. Previously, Buncic held the position of President and CEO at Ascendant Resources Inc., where he played a key role in restoring profitability to the El Mochito mine in Honduras and advancing exploration efforts at the Lagoa Salgada project in Portugal.

In addition to the leadership transition, Buncic also discussed the company's project generator model, their strong community relations, and the recent developments in their Peru project. Buncic shared encouraging assay results from Condor Resources' maiden diamond drill program at the Pucamayo East project in Peru. The program, which concluded in December, involved drilling 2,353 meters in nine diamond drill holes, targeting a 600m by 900 meters area within the four-square kilometer advanced argillic alteration zone on the property.

The drill program identified a substantial mineralized and altered area with locally elevated precious and base metals, with some of the best values encountered near the surface. Significant intercepts included both long intervals of low-grade precious and base metal mineralization, as well as local high-grade structures, such as 18.96 g/t AuEq over 2.0 meters. Despite testing only a small part of the Pucamayo property, the company is optimistic about the potential of the area, which appears to be part of a much larger mineralized system.

With Buncic at the helm, Condor Resources is poised to continue its exploration and development efforts, leveraging his extensive experience and leadership in the mining industry to drive the company's growth and success.

Contact Details

Proactive North America

Proactive North America

+1 604-688-8158

[email protected]

View source version on newsdirect.com: https://newsdirect.com/news/condor-resources-names-chris-buncic-as-companys-new-president-and-ceo-804118315

Condor Resources Inc

COMTEX_451285905/2655/2024-04-23T10:27:19