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.
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).
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.
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