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Global Atomic Corp.
Summary
| Project: | Dasa | |
|---|---|---|
| Deposit: | Dasa | |
| Location: | Niger | |
| Commodities: | Uranium | |
| Date: | 4/3/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 3-4-2019: Global Atomic Corp. announces an Exploration/Drilling Update report for its Dasa deposit at the Dasa project. Drilling results incl. 3.5m @ 22.52% U3O8 from 235.5m. Toronto, ON, April 3, 2019: Global Atomic Corporation (“Global Atomic” or the “C | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: George Flach (Internal) | |
| ABSTRACT: | Toronto, ON, April 3, 2019: Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX-V: GLO, FRANKFURT: G12) is pleased to report further assay results from holes drilled in 2018 at its DASA project, Republic of Niger. An updated mineral resource estimate is now underway, and will be published in the second quarter of 2019. Stephen G. Roman, President and CEO, commented, “DASA drill results continue to define an extraordinary sandstone hosted, Tier 1, uranium deposit. The consistency of the structure, high grades and thickness, make it amenable to large scale mining with low operating costs. DASA is the first major uranium discovery in Niger that is mineralized in three horizons, the Carboniferous, Triassic, and Jurassic.” DASA Drilling Update: In 2018, Global Atomic drilled 59 holes in a combination of diamond (DD), rotary destructive (RD) and rotary destructive with diamond tails (RD + DD). The drilling targeted mineralization in the Flank Zone and also extensions of mineralization to the northeast, southwest, and at depth, for a total of 26,450m. | |
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