News Releases
June 05, 2018

Global Atomic Triples Indicated Resource and Improves Grade at its Flagship DASA Project

  • Indicated Resources tripled to 64.8 million pounds and grade improved 18% to 3,068 ppm eU3O8
  • Inferred Resource presently stands at 48.4 million pounds at 2,600 ppm eU3O8

Toronto, ON: Global Atomic Corporation (“Global Atomic” or the “Company”), (TSX-V: GLO) is pleased to announce an updated National Instrument 43-101 (“NI 43-101”) compliant Mineral Resource Estimate for DASA Project (“DASA”) located in Niger, West Africa.

Global Atomic commissioned CSA Global Pty Ltd. (“CSA Global”) to prepare an updated Mineral Resource Estimate based on an additional 36 drill holes totalling approximately 15,000 meters drilled year-to-date. A majority of the drilling has been concentrated on the high-grade Flank Zone, on the southern side of the graben structure at depths of less than 350 meters. The highly successful drilling has led to improved understanding of the deposit in this area, resulting in a substantial resource upgrade.