NI 43-101 TECHNICAL REPORT DASA Uranium Project Mineral Resource Update, Central Niger For Global Atomic Corporation CSA Global Report: Nº R317.2018 30 June 2018 www.csaglobal.com GLOBAL ATOMIC CORPORATION DASA URANIUM PROJECT MINERAL RESOURCE UPDATE , CENTRAL NIGER Report prepared for Client Name Global Atomic Corporation Project Name/Job Code DASA-U Uranium Deposit, NI 43-101 Report GACMC02 Contact Name George Flach Contact Title Vice President of Exploration Office Address 8 King Street West, Suite 1700, Toronto, Ontario, M5C185, Canada Report issued by CSA Global Pty Ltd Suite 501, 365 Bay Street Toronto, Ontario CSA Global Office M5H 2V1 Canada T +1 416 368 7041 E [email protected] Division Resources Report information File Name R317.2018 GACMC02 GAC DASA MR Update NI 43-101 (draft for comment) Last Edited 22/06/2018 Report Status Draft Author and Reviewer Signatures Author Dmitry Pertel Signature: Co-Author Maxim Seredkin Signature: Aaron Meakin Peer Reviewer Signature: Manager – Resources CSA Global Daniel Wholley Signature: Authorization © Copyright 2018 CSA Global Report Nº R317.2018 II GLOBAL ATOMIC CORPORATION DASA URANIUM PROJECT MINERAL RESOURCE UPDATE , CENTRAL NIGER Contents Report prepared for ................................................................................................................................................. II Report issued by ...................................................................................................................................................... II Report information .................................................................................................................................................. II Author and Reviewer Signatures ............................................................................................................................. II 1 SUMMARY ................................................................................................................................................. 1 1.1 Executive Summary ................................................................................................................................... 1 1.2 Conclusions ................................................................................................................................................ 2 1.3 Recommendations ..................................................................................................................................... 3 1.4 Technical Summary ................................................................................................................................... 3 1.4.1 Property Description and Location ...................................................................................................... 3 1.4.2 Land Tenure ......................................................................................................................................... 3 1.4.3 Existing Infrastructure ......................................................................................................................... 3 1.4.4 History ................................................................................................................................................. 4 1.4.5 Geology and Mineralization ................................................................................................................ 4 1.4.6 Exploration Status ............................................................................................................................... 5 1.4.7 Mineral Resources ............................................................................................................................... 5 2 INTRODUCTION ......................................................................................................................................... 6 2.1 Issuer ......................................................................................................................................................... 6 2.2 Terms of Reference ................................................................................................................................... 6 2.3 Qualified Person Property Inspection ....................................................................................................... 6 2.4 Sources of Information .............................................................................................................................. 6 3 RELIANCE ON OTHER EXPERTS .................................................................................................................... 7 4 PROPERTY DESCRIPTION AND LOCATION .................................................................................................... 8 4.1 Location of Property .................................................................................................................................. 8 4.2 Mineral Tenure .......................................................................................................................................... 8 5 PROPERTY DESCRIPTION AND LOCATION ................................................................................................... 11 5.1 Accessibility ............................................................................................................................................. 11 5.2 Climate..................................................................................................................................................... 12 5.3 Physiography ........................................................................................................................................... 12 5.4 Local Resources and Infrastructure ......................................................................................................... 13 6 HISTORY ................................................................................................................................................... 14 6.1 Introduction ............................................................................................................................................. 14 6.2 Regional Exploration by the French Nuclear Energy Commission (1957–1981) ..................................... 14 6.3 Regional Exploration by PNC and Onarem (1981–1990) ......................................................................... 15 6.4 Exploration Activity from 2007 Onwards ................................................................................................ 15 6.5 Previous Mineral Resource Estimation .................................................................................................... 16 6.6 Production from the Property ................................................................................................................. 17 CSA Global Report Nº R317.2018 III GLOBAL ATOMIC CORPORATION DASA URANIUM PROJECT MINERAL RESOURCE UPDATE , CENTRAL NIGER 7 GEOLOGICAL SETTING AND MINERALIZATION ............................................................................................ 18 7.1 Introduction ............................................................................................................................................. 18 7.2 Regional Geology ..................................................................................................................................... 18 7.3 Structural Setting ..................................................................................................................................... 22 7.3.1 N130–N140°E and N70–N80°E Conjugate Fault System ................................................................... 23 7.3.2 Fold-Like Structures ........................................................................................................................... 23 7.4 Property Geology ..................................................................................................................................... 24 7.5 Structural Geology of the Property ......................................................................................................... 34 7.5.1 Adrar Emoles Flexure ........................................................................................................................ 34 7.5.2 Asouza Fault ...................................................................................................................................... 34 7.5.3 North-Northwest to South-Southeast Faults and Folds .................................................................... 34 7.5.4 Shearing Fractures and Veins ............................................................................................................ 34 7.5.5 East-West Strike-Slip Faults ............................................................................................................... 34 7.6 Uranium Mineralization........................................................................................................................... 35 8 DEPOSIT TYPE ........................................................................................................................................... 38 9 EXPLORATION ........................................................................................................................................... 40 9.1 Data Compilation and Old Drillhole Locations ......................................................................................... 40 9.2 Radiometric