Toronto-listed Global Atomic has started an optimised preliminary economic assessment (PEA) for the Dasa uranium project, in Niger, incorporating a zone which CEO Stephen Roman says has been a “game changer” for the initial Phase 1 mining plan.
“With high grades of 0.5% U3O8 we envision a small tonnage ramp access mine in the Flank Zone, that will produce a meaningful amount of uranium with low capex and opex. Should uranium prices improve and demand increase, the Dasa mine and processing facilities can be scaled up to generate higher throughputs,” said Roman.