29. Januar 2019
GoviEx exploring renewable, lower-cost, solar energy solutions to power future mining operations in Niger
GoviEx and Windiga sign MOU for solar hybrid power feasibility study
VANCOUVER, CANADA – GoviEx Uranium Inc. (TSX-V: GXU; OTCQB: GVXXF) (“GoviEx” or the “Company”) announced the signing of
a Memorandum of Understanding (“MOU”) with Windiga Energy Inc. (“Windiga”) to jointly evaluate the feasibility of powering
the Company’s flagship Madaouela Project using a dedicated and renewable hybrid solar power solution.
Windiga is Canadian energy developer focused on developing, owning and operating renewable energy facilities and off-grid
smart power systems on the African continent.
The Company’s Chairman, Govind Friedland, commented, “We are pleased to begin exploring cleaner energy alternatives to power
our future development activities in partnership with Windiga. The benefits of renewable, lower-cost energy are obvious,
and we look forward to updating our stakeholders on the results of these studies.”
Initial discussions and collaboration between the Company and Windiga will target energy solutions for the Company’s flagship
Madaouela Project–with the intent to reduce carbon dioxide emissions by more than 20,000 tons per annum and provide sustainable,
renewable power at approximately 25% lower cost than traditional coal-fired options currently available in Niger.
Coal-fired power costs are currently forecast at a pproximately 4% of total life of mine operating costs (1).
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