Global Atomic Corporation reports continuing positive results from its 2018 DASA uranium project drill program in the Republic of Niger, West Africa.
Global Atomic Corporation (TSXV:GLO) reports continuing positive results from its 2018 DASA uranium project drill program in the Republic of Niger, West Africa and a record zinc production year from its zinc operations in Iskenderun, Turkey.
As quoted from the press release:
At DASA, the focus of current drilling is to continue to define the “Flank Zone” area in order to complete an updated National Instrument 43-101 (“NI 43-101”) resource technical report by CSA Global Pty Ltd of Perth, Western Australia. Two holes just completed and probed have returned excellent results which continue to improve the overall DASA resource.
DASA Project Highlights:
- Drill hole ASDH 126B intersected continuous high-grade mineralization from 58.5 meters to 262.6 meters returning a 204.1 meter intersection grading 8,062 ppm; including 28,490 ppm (2.85percent) eU3O8 over 28.2 meters. This hole was drilled vertically and oblique to the dip to prove that the mineralization is continuous and is therefore not an indication of the true thickness of the zone.
- Drill hole ASDH 563 intersected 7,277 ppm eU3O8 over 107.3 meters including 12,456 ppm over 46.1 meters. This hole has been drilled perpendicular to the structure and approximates true thickness in this area. In drill hole ASDH 563 the probe was saturated for 8.5 meters from 231.2 meters to 239.7 meters.
- A new mineralized zone was discovered along strike and north of the main DASA deposit, called Tagama East, which has not been factored into the current resource estimate.
“The drilling, contractors and our local Nigerian team are making significant progress advancing this high value uranium project,” said George Flach, VP, exploration for Global Atomic. “DASA is proving to be an outstanding asset which continues to improve.”