Global Atomic Fuels Announces Results of Economic Study on Dasa Open Pit Project, Niger
Sep 23, 2010 04:28 PM ESTFOR: GLOBAL ATOMIC FUELS CORPORATION
TORONTO, ONTARIO--(Marketwire - Sept. 23, 2010) - Global Atomic Fuels Corporation ("Global" or "The Company") a private Ontario corporation, is pleased to announce the results of the metallurgical and economic studies on the Dasa open pit target located on Global's Adrar Emoles #3 concession in Niger.
Studies were carried out by a number of independent groups including:
Highlights of the study include:
Global's Dasa Development Plan:
Global Financing & IPO Plans:
About Global Atomic Fuels Corporation
Global Atomic Fuels is a private Ontario corporation founded in January, 2005 by executives with extensive experience in the mining and marketing of uranium. The Company has exploration agreements covering six uranium concessions in the Republic of Niger, covering an area of approximately 3,000 km2, as well as owning a database consisting of numerous uranium exploration targets around the world collected over a 30 year period by a major Canadian uranium producer.
The information in this release may contain forward-looking information under applicable securities laws. This forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those implied by the forward-looking information. Factors that may cause actual results to vary include, but are not limited to, inaccurate assumptions concerning the exploration for and development of mineral deposits, political instability, currency fluctuations, unanticipated operational or technical difficulties, changes in laws or regulations, the risks of obtaining necessary licenses and permits, changes in general economic conditions or conditions in the financial markets and the inability to raise additional financing. Readers are cautioned not to place undue reliance on this forward-looking information. The Company does not assume the obligation to revise or update this forward-looking information after the date of this release or to revise such information to reflect the occurrence of future unanticipated events, except as may be required under applicable securities laws
FOR FURTHER INFORMATION PLEASE CONTACT:Global Atomic Fuels Corporation
Stephen G. Roman
Chairman, President & CEO
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