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News Releases
August 12, 2021

Global Atomic Announces Q2 2021 Results

Dasa Uranium Project Feasibility Study Advances towards Completion

Stronger Zinc Pricing at the Turkish Zinc Joint Venture

Toronto, ON: Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX: GLO, OTCQX: GLATF, FRANKFURT: G12) announced today its operating and financial results for the three and six months ended June 30, 2021.

HIGHLIGHTS

Dasa Phase 1 Uranium Project in the Republic of Niger

  • The Company advanced key components of its Feasibility Study including:
    • Completion of water boreholes and water pump tests of various aquifers
    • Filtration and settling tests to confirm the process flowsheet
    • Process plant engineering, including detailed process design, piping, instrumentation and electrical requirements
    • Design of the underground mine, including stope sizing, optimum excavation size, and equipment requirements
    • Trade-off studies for several components of the Dasa Project including backfill system design, mining method, and tailings storage
    • Accurate cost quotations for equipment and materials, including reagents
    • Mine Boxcut and Portal design completion
    • Geotechnical drilling and lab testing of core samples for rock strength

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