Global Atomic Announces Significant Assay Results at DASA Project
Toronto, ON: Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX-V: GLO, FRANKFURT: G12) is pleased to report assay results from four holes drilled in 2018 at its DASA project, Republic of Niger. All four holes have returned substantially higher assay grades than previously reported probe results.
- Significant high grade intersection of 17,118 ppm U3O8 (1.71%) returned over 98 meters (“m”) in ASDH563, 135% higher than the previous probe-only estimate of 7,277 ppm eU3O8
- Laboratory assay limit of 17.62% U3O8 exceeded over an interval of 3.5m from 235.5m to 239.0m in ASDH563
- ASDH543 intersected 6,919 ppm (0.69%) U3O8 over 75m, approximately 37% higher than the prior probe estimate of 5,041 ppm eU3O8
Stephen G. Roman, President and CEO, commented, “These assay results indicate the probe underestimated previously released DASA drill results. Based on existing probe data, we knew that DASA was a significant uranium deposit, however, the grades and widths reported here will enhance the resource figures already announced and we will calculate an updated Mineral Resource Estimate as soon as all assays are received from the 2018 drill program.”