Global Atomic Corp. is pleased to announce Befesa Zinc S.A.U. has resumed operations at the Turkish EAFD processing plant in Iskenderun, Turkey. The expansion from 65,000 tonnes to 110,000 tonnes of electric arc furnace dust processing capacity has been completed on time and within budget. The expansion project started in January 2019 [...]
Global Atomic Corp. is pleased to announce the results of the new Mineral Resource Estimate , calculated by CSA Global Pty. Ltd.,, of Perth, Western Australia, incorporating drill, probe and chemical assay data compiled from work programs on the DASA Project during 2017, 2018 and 2019. In addition, all geotechnical data derived from drill core was [...]
Global Atomic Corp. , is pleased to announce the results of its Annual and Special Meeting of Shareholders , held on June 26, 2019. At the Meeting, shareholders elected Stephen G. Roman, Paul D. Cronin, Richard Faucher, George A. Flach, Derek C. Rance and Asier Zarraonandia Ayo to serve as Directors of Global Atomic Corp. and to take office [...]
Global Atomic Corp. , is pleased to announce its operating and financial results for the first quarter ended March 31, 2019. Highlights: The Turkish EAFD plant modernization and expansion project is on schedule. The plant is scheduled to be commissioned in August and resume operations in September. The Company is stockpiling EAFD to support a quick [...]
Consolidated Net Income Increased 45% to $7.4 million Attributable EBITDA Increased 26% to $13.5 million Comparative Results for 2018 & 2017 of the Joint Venture at 100% Summarizes Comparative Operations Metrics of the Iskenderun Facility Settling Chamber Construction New Kiln Transported to Site Reactor Assembly Production Bag Filter Assembly DASA [...]
Global Atomic Corp. , is pleased to announce an update on its BST Joint Venture Zinc Project in Iskenderun, Turkey. Highlights: The new 110,000 tonne / annum capacity Waelz kiln will be operational by August, with remaining components including the concentrate washing section to be installed in September Old plant has been demolished and removed [...]
Global Atomic Corp. , is pleased to report further assay results from holes drilled in 2018 at its DASA project, Republic of Niger. An updated mineral resource estimate is now underway, and will be published in the second quarter of 2019. Figure 1 DASA mineralized zones and underground conceptual mine workings as per the PEA Highlights: Hole [...]
Global Atomic Corp. , is pleased to report assay results from four holes drilled in 2018 at its DASA project, Republic of Niger. All four holes have returned substantially higher assay grades than previously reported probe results. Section 1900NW, looking West Section 1950NW, looking West Highlights: Significant high grade intersection of 17,118 [...]
Global Atomic Corp. , announced today it has raised gross proceeds of $1,256,000 pursuant to the initial closing of a non-brokered private placement of up to $1,500,000 or 4,687,500 common shares at a price of $0.32 per common share. Final closing of the private placement is anticipated prior to January 31, 2019. The common shares are subject to a [...]
Global Atomic Corp. , is pleased to provide the following update regarding the Corporation’s activities: Highlights: The Government of the Republic of Niger has granted a two-year extension to January 29, 2021 on all of Global Atomic’s Exploration Permits in the Tim Mersoi Basin. These include the Adrar Emoles 3 Permit which hosts the [...]
Global Atomic Corp. , is pleased to provide the following update regarding the filing of the Company’s Preliminary Economic Assessment on Sedar, interim unaudited Financial Statements and MD&A for the three and nine month period ended September 30, 2018 and the closing of its non-brokered Private Placement. Comparative operational metrics of [...]
Global Atomic Corp. , is pleased announce it has raised gross proceeds of $9,191,900 pursuant to the initial closing of a non-brokered private placement of up to $10,000,000 or 33,333,333 shares priced at $0.30 per share. The Company retained Arlington Group Asset Management Limited in London, UK, as its lead capital finder pursuant to the [...]
