Global Atomic Update and Outlook for 2023

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[{"type":"text","content":"\n \n \n \n Global Atomic Update and Outlook for 2023\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n March 20, 2023\n \n \n /CNW/ - Global Atomic Corporation (\"Global Atomic\" or the \"Company\"), (TSX: GLO) (OTC-QX: GLATF) (Frankfurt: G12) is pleased to report on operations at its Turkish zinc recycling joint venture and its Dasa Uranium Project in the Republic of\n \n Niger\n \n .\n \n \n \n \n Turkish Zinc Recycling Joint Venture\n \n \n \n \n The zinc recycling plant in Iskenderun, Türkiye, has restarted production following the earthquakes earlier this year. Employees are relieved to be back at work to fund their rebuilding efforts and thankful for the support from the joint venture partners.\n \n \n \n \n Dasa Uranium Project\n \n \n \n \n All assays from Dasa's 2022 16,000-meter drill program have been completed at ALS Labs in\n \n Vancouver, Canada\n \n , and the database is now ready for final review and verification, including final K-factor adjustments. The data will then be transmitted to\n \n Dmitry Pertel\n \n , MAIG, of AMC Consultants for the development of the updated Mineral Resource Estimate (\"MRE\"). The MRE and a revised mine plan will then be used to develop a revised Phase 1 Feasibility Study for the Dasa Project.\n \n \n At the Dasa Mine, operations are proceeding on schedule with approximately 200 meters of underground development now completed on the decline ramp as well as for re-muck and safety bays. A total of 800 meters will be developed before the ramp encounters development ore, expected in late Q4 2023. See photos below.\n \n \n Engineering progress continues with DCPL and Lycopodium with first earthworks expected to begin in Q2. Long-lead items including the crusher, SAG mill and acid plant will be ordered by the end of March.\n \n \n Global Atomic President and CEO,\n \n Stephen G. Roman\n \n commented,\n \n \"Our two businesses position Global Atomic as one of the most environmentally progressive companies in the mining sector. Our zinc recycling pla...

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