Global Atomic Corporation provided initial report on the Company's 15,000-meter drill program that commenced September 2021 at the Dasa Project. The program at Dasa was designed to follow up on previously discovered uranium mineralization proximal to Zone 3 of the current Feasibility Study Phase I Mine Plan and has succeeded in extending Zone 3 with additional high-grade mineralization. Approximately 6,000 meters have been drilled to date on 25-meter spacings between drill holes to support the addition of mineral reserves and an updated mine plan.

This extension to Zone 3 is not included in Dasa's Reserve calculations as it was an Inferred mineral resource, based on wider-spaced drilling completed during previous drill campaigns. Infill and step-out drilling completed since September has exceeded expectations and outlined continuous mineralization over a strike length of 300 meters and a width of 80 meters. This Zone 3 extension will be applied to update the current Phase I Mine Plan and is expected to substantially reduce the amount of underground development, lower capital and operating expenses and extend the life of the Phase 1 Mine Plan.

Drilling is currently continuing in the northeast direction from Zone 3 to determine the potential for up-dip extentions. The next target of the 2021/2022 Dasa drilling program will be in-fill drilling between Zones 2A, 2B and 3 with the goal of converting this significant Inferred resource to the Measured and Indicated resource categories. The equivalent U3O8 indicated below were derived using a Gamma Probe.

Core samples are being prepared and will be shipped to ALS Geochemistry - North Vancouver, Canada for chemical assaying as per usual protocols.