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Thursday, August 16, 2018 - 3:58:04 PM
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Mining News Pro - Global Atomic Corp reports an exploration update from its flagship Dasa project in the Republic of Niger, West Africa. Highlights:
Global Atomic Corp reports an exploration update from its flagship Dasa project in the Republic of Niger, West Africa. Highlights:
Drilling at DASA along strike and down dip has been successful in confirming Global Atomic’s geologic interpretation of the deposit and has identified five distinct areas of new mineralization
High grade mineralization was intersected at the Tegama Hill Main Zone, hole ASDH 577 returned 3,353 ppm eU3O8 over 69.8 m, including 38,653 (3.9%) eU3O8 over 4.6 m
Southwest Extension Zone 1 proved to have excellent mineralization in the Teloua formation, with hole ASDH 558 returning 19,933 (2.0%) eU3O8 over 9.5 m, which included 54,101 (5.4%) eU3O8 over 3.3 m. ASDH 574 returned 1,737 ppm U3O8 over 85.9 m, including 5,597 ppm eU3O8 over 3.6 m.
Stephen G. Roman, President and CEO, commented “Our geological model has proven correct with new high grade zones identified, which could have a substantial impact on the size of the Dasa deposit. Our next phase of drilling will focus on these extensions and a new resource will be calculated once Phase 2 drilling is completed. Currently, we continue to develop our Flank Zone area with CSA Global, with a PEA expected in September. The Flank Zone will be the target of initial operations in order to supply Orano Mining with mineralized material under the MOU signed in 2017.”
The diagram shows targeted drill areas (looking east).
George A. Flach, VP Exploration, commented “The strataform nature of this sandstone deposit shows many intersections of mineralization. The exciting discoveries we have made include high grades in all units within the Jurassic, Triassic and Carboniferous sandstone horizons.”
Short Link:
https://www.miningnews.ir/En/News/239128
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