Bullboard - Stock Discussion Forum Global Atomic Corp T.GLO

Alternate Symbol(s): GLATF

Metals & Mining Industrial Metals & Minerals

Global Atomic Corporation is a Canada-based company, which provides a combination of high-grade uranium mine development and zinc concentrate production. The Company operates through two segments: the Uranium Business and the EAFD Business. The Company’s Uranium Business activities presently take place in Niger, Africa. The Uranium Business segment includes four deposits with the flagship Dasa... see more

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Global Atomic Corp > Uranium Pilot Production - Better than Expected Metallurgy

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Post by lithomon on Mar 18, 2021 7:40am

Uranium Pilot Production - Better than Expected Metallurgy

Mr. Stephen Roman reports

GLOBAL ATOMIC ANNOUNCES SUCCESSFUL COMPLETION OF DASA URANIUM PROJECT-PILOT PLANT PROGRAM

Global Atomic Corp. has completed a pilot plant program, demonstrating the viability of the uranium recovery process detailed in the May, 2020, preliminary economic assessment (PEA) for the Dasa project, located in the Republic of Niger, West Africa.

Stephen G. Roman, President and CEO of Global Atomic, said,

"The results of this Pilot Plant Study confirmed better than expected metallurgical results for the Dasa ore.

With the recent granting of our required operating permits by the Republic of Niger, confirmation of the metallurgical process to recover uranium was a key milestone which we have now achieved.

Our Feasibility Study is on track for completion....

We will now begin tendering for mill components to finalize costs.

We are confident in our plans to start building the Dasa Mine in early 2022."