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    market news

    Global Atomic Reports Assay Results from DASA

    Olivia Da Silva
    Jan. 23, 2019 03:16PM PST
    Energy Investing

    Global Atomic has reported assay results from four holes drilled at its DASA project in the Republic of Niger.

    Global Atomic (TSXV:GLO) has reported assay results from four holes drilled at its DASA project in the Republic of Niger.

    The holes, drilled in 2018, all returned “substantially higher” assay grades than previously reported results.

    As highlighted in the press release:

    • Significant high grade intersection of 17,118 ppm U3O8 (1.71%) returned over 98 meters (“m”) in ASDH563, 135% higher than the previous probe-only estimate of 7,277 ppm eU3O8

    • Laboratory assay limit of 17.62% U3O8 exceeded over an interval of 3.5m from 235.5m to 239.0m in ASDH563

    • ASDH543 intersected 6,919 ppm (0.69%) U3O8 over 75m, approximately 37% higher than the prior probe estimate of 5,041 ppm eU3O8

    Stephen G. Roman, president and CEO, commented:

    “These assay results indicate the probe underestimated previously released DASA drill results. Based on existing probe data, we knew that DASA was a significant uranium deposit, however, the grades and widths reported here will enhance the resource figures already announced and we will calculate an updated Mineral Resource Estimate as soon as all assays are received from the 2018 drill program.”

    Click here to read the full Global Atomic (TSXV:GLO) press release.

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