The Madaouela Uranium Project is located near Arlit, in north central Niger, in one of the most significant areas of producing sandstone-hosted uranium deposits in the world.
The Madaouela Project is an advanced-stage exploration property, for which historical and current drilling has linked two previously known and separate deposits (Marianne and Marilyn), has defined a third separate resource area at Madaouela South (MAD South), and at which exploration is ongoing on multiple additional targets with encouraging results. |
Madaouela is actively being explored by GoviEx, has numerous defined exploration targets, and has significant exploration potential. GoviEx has been successful in defining a potentially open-pitable deposit named Miriam, which is located southeast of the Marianne-Marilyn and MAD South deposits.
The Miriam mineralization occurs at multiple horizons within the Gouzeman sandstone and where a redox front developed, which is similar to the mineralization observed at the Akouta and Akola deposits at Areva’s nearby Cominak uranium mine. While the mean grade is 0.05% U3O8, the mineralized zone has a significant vertical thickness more than 20 metres in the central zone. The wide ore intercepts, combined with the shallow, 90-120-metre depth to the base of the Gouzeman sandstone, make Miriam an attractive open-pit target.
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