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Silvermet Inc.
Summary
| Project: | DASA | |
|---|---|---|
| Deposit: | DASA | |
| Location: | Niger | |
| Commodities: | Uranium | |
| Date: | 9/13/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 13-9-2017: Silvermet Inc. announces a Resource Estimation report for its DASA deposit at the DASA project. Updated resource estimate for project. In February 2017, CSA Global Pty Ltd (CSA Global) was commissioned by Global Atomic Fuels Corporatio | |
| Resources: | (Resource): 3.7Mt @ 2608ppm eU3O8 (Ind.) + 7.7Mt @ 2954ppm eU3O8 (Inf.) at DASA | |
| CP/QP: | [Resources]: Dmitry Pertel (Minerals Advisory Group, LLC) | |
| ABSTRACT: | In February 2017, CSA Global Pty Ltd (CSA Global) was commissioned by Global Atomic Fuels Corporation (GAFC) to estimate a Mineral Resource and prepare a NI 43-101 Technical Report for the DASA uranium deposit, located in the central part of the Republic of Niger, West Africa. The DASA project is 100% owned by GAFC and forms part of a larger package of projects in Niger in which GAFC has an interest. The estimate and Report were commissioned by GAFC to support the continued development of the project and fundraising activities. It is understood that this may include listing the company on the Toronto Stock Exchange and as such, this document could be published and available to third parties or the general public. This Report contains information on all main phases and stages of the work to model and estimate the deposit’s Mineral Resources and results of quality assurance/quality control (QAQC) analysis. At this time, more detailed studies of the project in terms of mining or project economics has not been undertaken. Dmitry Pertel, Principal Geologist for CSA Global, visited the DASA project area in March–April 2017 at the request of GAFC. The purpose of the visit was to examine resource definition drilling practices used at DASA, collect QAQC data, and to inspect the sample preparation laboratory in Niamey. Review and analysis of both the historical and recent QAQC data, procedures and protocols indicate that the quality of data is acceptable to allow Mineral Resources to be reported in accordance with the CIM guidelines. | |
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