Global Atomic Announces Drilling at the Flank Zone has Returned 5,400 ppm eU3O8 over 75 metres, including 51,935 ppm (5.2%) eU3O8 over 6.3 metres
Toronto, ON: Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX-V: GLO / OTCBB: SYIFF / Frankfurt: G12) is pleased to announce continuing positive drill results from the DASA Uranium Project (“DASA” or the “Project”) in the Republic of Niger, West Africa.
DASA Project Drilling Highlights:
- The primary objectives of the 2018 drill program at DASA were to prove the potential for near term, open pittable production at the Flank Zone and to assess the potential for further discoveries and resource expansion on strike and down dip. Further results to follow as information is available.
- Drilling at the Flank Zone has intersected more high grade mineralization, hole ASDH 566 returned 5,400 ppm eU3O8 over 74.9 metres, including a high grade section returning 51,934 (5.2%) eU3O8 over 6.3 metres.
- Drilling at the Flank Zone is now complete and an updated National Instrument (“NI”) 43-101 Mineral Resource Estimate was completed with an effective date of June 30, 2018. The most recent drilling at the Flank Zone was not included in the latest Mineral Resource Estimate, but will be reflected future economic studies.