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Global Atomic Corp.
Summary
| Project: | Dasa | |
|---|---|---|
| Deposit: | Dasa | |
| Location: | Niger | |
| Commodities: | Uranium | |
| Date: | 5/7/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-5-2018: Global Atomic Corp. announces an Exploration/Drilling Update report for its Dasa deposit at the Dasa project. Drilling results incl. 107.3m @ 7277ppm eU3O8 from 142.9m. TORONTO, May 07, 2018 -- Global Atomic Corporation (“Global Atomic” or the “ | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: George A. Flach (Internal) | |
| ABSTRACT: | TORONTO, May 07, 2018 -- Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX-V:GLO) is pleased to announce continuing positive results from its 2018 DASA Uranium Project drill program in the Republic of Niger, West Africa and a record zinc production year from its Zinc operations in Iskenderun, Turkey. At DASA, the focus of current drilling is to continue to define the “Flank Zone” area in order to complete an updated National Instrument 43-101 (“NI 43-101”) resource technical report by CSA Global Pty Ltd of Perth, Western Australia. Two holes just completed and probed have returned excellent results which continue to improve the overall DASA resource. Drilling on the Flank Zone will continue for the next month in order to achieve a Measured and Indicated resource classification in this area. Further drilling on strike and down dip will continue in order to build the overall DASA resource. A number of high priority targets will be the focus of the exploration drilling. Management expects the updated NI 43-101 resource estimate to be completed in Q3 2018 and a technical report prior to year-end 2018. Mr. George Flach, P.Geo., VP, Exploration for Global Atomic said “The drilling, contractors and our local Nigerien team are making significant progress advancing this high value uranium project. DASA is proving to be an outstanding asset which continues to improve”. | |
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