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Global Atomic (Global Atomic) is a TSX Venture listed company (TSX-V: GLO) providing a unique combination of high grade uranium development and cash flowing zinc concentrate production.
Global Atomic’s Uranium Division includes six exploration permits in the Republic of Niger covering an area of approximately 750 km2.
Flagship Asset: 100% interest in DASA uranium deposit located in Niger.
Orano Group (formerly AREVA SA): MOU signed related to ore sales and strategic development.
High grade resource:
– Indicated – 64.8 million pounds U3O8 at 3,068 ppm
– Inferred – 48.4 million pounds U3O8 at 2,600 ppm
Near surface, near term cash flow potential: Phased production by 2020; no mill necessary to support initial operations.
Upside: DASA exploration and three additional deposits with defined resources.
Flagship Asset: 49% JV interest in a high-grade zinc processing facility in Turkey.
Exposure to zinc: Currently producing +30 M lbs of zinc in concentrate.
Industry leading partner: Befesa Zinc S.A.U. – 51% owner; operates several zinc processing facilities throughout Europe and Asia.
Positive cash flow: Plant running at capacity with expansion to double throughput currently underway.