01:09:09 EDT Mon 07 Jul 2025
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GoviEX Uranium Inc
Symbol GXU
Shares Issued 1,022,062,190
Close 2025-06-03 C$ 0.065
Market Cap C$ 66,434,042
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GoviEX appoints Bukunkwe as Muntanga metallurgist

2025-06-03 16:55 ET - News Release

Mr. Daniel Major reports

GOVIEX URANIUM APPOINTS EXPERIENCED PROJECT METALLURGIST AS IT ADVANCES MUNTANGA URANIUM PROJECT

GoviEX Uranium Inc. has appointed Deogratias M. Bukunkwe as project/commissioning metallurgist to further advance the development of its Muntanga uranium project in Zambia.

Mr. Bukunkwe, a Zambian national, brings more than 25 years of process start-up and operations experience, including senior start-up roles at the Kayelekera and Langer Heinrich uranium mines, leading the operational readiness at DRA Minopex, and most recently serving as commissioning manager on Freeport-McMoRan's Grasberg gold and copper cleaner concentrator in Indonesia.

His immediate focus will be to build the detailed precommissioning framework that positions the Muntanga project as project ready for lender due diligence. Mr. Bukunkwe will also be responsible for commissioning and management of the processing plant when it starts production, which the company anticipates could be in 2028, subject to project financing.

Daniel Major, chief executive officer, said: "We are continuing to advance the Muntanga project towards its next development phase. As we transition from feasibility to project financing, bolstering our technical team is crucial. Deogratias's track record of preparing, commissioning and ramping up uranium plants strengthens our execution capability and helps to assure potential banking partners of our ability to execute safely and on schedule."

Mr. Bukunkwe commented: "Working on the Muntanga project in my home country is an incredible opportunity. My career has focused on guiding plants to production, and I plan to use that experience to ensure a safe and high performing project that benefits all stakeholders. I also look forward to collaborating with prospective lenders as we design and validate a robust precommissioning program to advance the Muntanga project's development."

About GoviEX Uranium Inc.

GoviEX is a mineral resource company focused on the exploration and development of uranium properties in Africa. GoviEX's principal objective is to become a significant uranium producer through the continued exploration and development of its mine-permitted Muntanga project in Zambia.

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