Global Atomic’s holds 6 uranium exploration permits in the Republic of Niger, Tin Negouran 1, 2, 3, 4 and Adrar Emoles 3 & 4. Total area covered by the permits is 728.8 km2.
Four deposits on the concessions are:
DASA Deposit, >100 Mlbs U3O8
Tin Negouran Deposit, 10 Mlbs U3O8
Dajy Deposit, 17 Mlbs U3O8
Isakanan Deposit, 34 Mlbs U3O8
The DASA Deposit (Dajy Area Surface Anomaly) was discovered by Global Atomic geologists. It is a Graben Hosted sandstone / roll front deposit of world class size and grade.
Global Atomic signed a Memorandum of Understanding (MOU) with Orano Mines Ltd. (formerly known as AREVA Mines Ltd.) in 2017, to supply uranium ore from DASA to its milling facility 80 kilometers north, in the town of Arlit. It is expected that Global Atomic will begin shipping ore to Orano in 2021.
Base Metals Division - Befesa Silvermet
Global Atomic holds a 49%, non-operated interest in the Befesa Silvermet Joint Venture, at Iskenderun Turkey. BEFESA S.A (FRA.BFSA) is the operator and holds 51%.
Befesa Silvermet acquires electric arc furnace dust (“EAFD”) from steel mills and recycles the EAFD through its Waelz kiln to produce a high-grade zinc oxide concentrate which is sold to zinc smelters throughout the world.
Global Atomic receives cash flow from its Turkish zinc operations through its 49% share of the following:
Silvermet’s joint venture partner, Befesa Zinc S.A.U. (“Befesa”), is the operator of BST. Befesa has facilities throughout Europe and processes between 45% and 50% of European EAFD. It also has facilities in Korea as well as the Turkish operation.
Stephen G. Roman
Chairman, President & CEO – 35+ years
Rein A. Lehari, CPA
Chief Financial Officer – 30+ years
Fergus P. Kerr, P.Eng.
Mining Consultant – 35+ years
George A. Flach, P.Geo.
Vice President, Exploration, Director – 30+ years
Peter Wollenberg, Ph.D., P.Geo.
Director, Exploration & Resource Development – 30+ years
Vice President & Secretary – 20+ years
Merlin Marr-Johnson, MSc, DIC
Executive Vice President – 25 years