Boss Prepares for First Sales with Commissioning Proceeding Plan

Money Bizwiz Team
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Global Atomic Corporation (TSX: GLO) (OTCQX: GLATF) (FRANKFURT: G12) recently welcomed Niger’s Mines Minister, Commissaire Colonel Ousmane Abarchi, along with other local dignitaries, to tour the Dasa Project on May 3, 2024. The delegation, which included the Agadez Region Governor and community authorities, as well as SOMIDA employees, visited the project to examine significant exploration and mining activities in the northern region of Niger.

The visit highlighted several key aspects of the Dasa Project, including the progress of underground development, which has surpassed 1,000 meters with five levels underway to access the orebody for mining. The delegation also reviewed the mine design, the 23-year mine plan, and ceremonially kicked off earthworks in preparation for plant construction. Additionally, they discussed the plant design, scheduled for commissioning by the end of 2025, and the extensive ESG activities and community engagement initiatives implemented since 2008.

Global Atomic President and CEO, Stephen G. Roman, expressed gratitude for the Minister’s support and the Government’s recognition of Dasa’s strategic importance in creating local employment opportunities, taxes, and royalties. The positive relationship between Global Atomic and the Niger Government has facilitated operational efficiency, with the Government providing security and logistical support to maintain the pace of mine development.

During the tour, Mines Minister Commissaire Colonel Ousmane Abarchi emphasized the significance of the Dasa Project for Niger, emphasizing its potential impact on state income, employment, and environmental management practices. The Minister’s visit marked a milestone in the project’s journey towards becoming a model for responsible mining in Niger.

To learn more about Global Atomic and its projects, visit their website at www.globalatomiccorp.com. Global Atomic Corporation is a publicly listed company with a unique focus on high-grade uranium mine development and zinc concentrate production. The company’s Uranium Division is currently advancing the Dasa Deposit, with plans for a processing plant commissioning in Q1 2026. Additionally, Global Atomic’s Base Metals Division holds a 49% interest in the BST Joint Venture, which operates a zinc recycling plant in Turkey.

Disclaimer: This content may contain forward-looking information under applicable securities laws. While Global Atomic aims to update and provide accurate information, readers are advised to review the company’s risk disclosures in its public documents. The Toronto Stock Exchange has not reviewed and does not endorse this news release.

For the original source of this content, please visit http://www.newswire.ca/en/releases/archive/May2024/06/c2525.html.

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