Global Atomic Announces Dasa Drill Program
Toronto, ON: Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, FRANKFURT: G12, OTCQX: GLATF) is pleased to announce the signing of a drill contract with Foraco Niger S.A. (Foraco), for a 15,000 meter core drilling program beginning in September, 2021, at its Dasa Project in the Republic of Niger, West Africa.
The drill program is focused on upgrading the extensive “Indicated and Inferred” resources at Dasa to the “Measured and Indicated” categories on strike of the Flank Zone, Phase 1, mine plan area, as defined in the May 2020 Preliminary Economic Assessment. With the upgrading of the on strike resources, the Phase 1, Flank Zone mining area is expected to be expanded, adding to the current 12-year plan at the Flank Zone as well as allowing Global Atomic to define the Phase 2 Mine Plan incorporating the upgraded mineral resources. See Figure 1.