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Dasa Uranium, Rep. of Niger
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  • Dasa Uranium, Rep. of Niger

The Dasa project is a large, high grade uranium deposit that lies within the Adrar Emoles III licence area, 105km south of the established uranium mining town of Arlit, in the Republic of Niger.

Milestones

Q1 2020
Define parameters for Development Plan and start EIA
H2 2020
Submit Development Plan and EIA to government of Niger as part of Mine Permit application
H1 2021
Anticipated award of Mining Licence

Development plan

In Q4 2018 Global Atomic published a PEA Study targeting a stand-alone underground development of the deposit, with the option for early production by trucking ore to existing Orano processing facilities near Arlit also studied. The company is currently working to deliver a Development Plan in 2020. Global Atomic aims to apply for a mining permit in H2 2020, with a view to completing a Feasbility Study in 2021. The Company also continues to work under the terms of a Memorandum of Understanding (MOU) signed in 2017 with Orano (ex-Areva).

Geology

Dasa is a uniquely high-grade sandstone-hosted deposit with mineralisation across a range of horizons from Jurassic to Carboniferous in age. It is metallurgically clean with low levels of deleterious elements such as molybdenum or vanadium, and test work indicates uranium recoveries are likely to be in excess of 90%.

Reserves & Resources

Grade / Tonnages based on 1036 drill holes are shown in Table 1. The Dasa deposit remains open along strike both to the northeast and to the southwest.

Cut-Off
eU3O8 ppm
CategoryTonnes
(Millions)
eU3O8
(ppm)
Contained Metal
(M lbs)
100Indicated
Inferred
81.6
96.1
718
606
129.1
128.4
320Indicated
Inferred
32.0
35.0
1,530
1,333
108.0
102.7
1,200 Indicated
Inferred
7.9
8.4
4,483
3,783
78.0
69.9
2,500 Indicated
Inferred
3.6
3.4
7,849
6,838
61.9
51.4
10,000Indicated
Inferred
0.6
0.8
24,401
14,598
31.1
25.3
Updated July 31, 2019
NI 43-101 Technical Report, Mineral Resource Update