Global Atomic submitted EIS for Dasa uranium project in Niger

Dasa is a large, uniquely high-grade sandstone-hosted uranium deposit located in Niger

On July 29, 2020, Global Atomic Corp. announced that it has filed its completed Environmental Impact Statement (“EIS”), with the Niger Government. In August, two public hearings regarding the EIS are being scheduled; one in the Dasa Project area and the other in the capital city of Niamey.

The Dasa project is a large, high grade uranium deposit that lies within the Adrar Emoles III licence area, 105km south of the established uranium mining town of Arlit, in the Republic of Niger.

Development plan

In Q4 2018 Global Atomic published a PEA Study targeting a stand-alone underground development of the deposit, with the option for early production by trucking ore to existing Orano processing facilities near Arlit also studied. The company is currently working to deliver a Development Plan in 2020. Global Atomic aims to apply for a mining permit in H2 2020, with a view to completing a Feasbility Study in 2021. The Company also continues to work under the terms of a Memorandum of Understanding (MOU) signed in 2017 with Orano (ex-Areva).

Geology

Dasa is a uniquely high-grade sandstone-hosted deposit with mineralisation across a range of horizons from Jurassic to Carboniferous in age. It is metallurgically clean with low levels of deleterious elements such as molybdenum or vanadium, and test work indicates uranium recoveries are likely to be in excess of 90%.

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