Advancement On The Colorado Plateau Projects In Southwest

VANCOUVER - Atomic Minerals Corporation reported the progress on its claim blocks located on the Colorado Plateau in the US Southwest, specifically at Harts Point, 10 Mile Anticline, and Dolores Anticline. This update highlights the Company's ongoing commitment to advancing its exploration efforts in these highly prospective salt anticlines.

"We are thrilled to update shareholders on our exploration plans and proud of the significant progress we've made on our claim blocks on the Colorado Plateau, including Harts Point, 10 Mile, and Dolores Anticline," said Clive Massey, President, and CEO. "Our comprehensive review and analysis of historic uranium mining and oil and gas drilling data have been instrumental in refining our exploration strategy. The historical drill data, particularly from the Chinle Formation basal sandstones, underscores the robust potential for uranium mineralization across these properties. With this promising foundation, we are advancing our drilling plans as we initiate the permitting process. Our focus now turns to utilizing our technical expertise, forged through decades of geological insights, to qualify and quantify the uranium mineralization at Dolores, 10 Mile and Harts Point."

Atomic Minerals, alongside Joint Venture Partner Kraken Energy Corp., successfully completed a maiden two-hole drill program at the Harts Point Uranium Property in Utah. Kraken's technical team reported the drilling proved the existence of the basal Moss Back member sandstone of the Triassic Chinle formation with gamma ray logs recording elevated gamma ray counts over a 12.9 metre downhole length in one hole and over a 16.2 metre down hole length in the other, recording a maximum reading of was 2,162 counts per second. Results are pending, and the Company anticipates obtaining permits soon for further exploration at Harts Point.

Atomic Minerals has completed a thorough review of the Colorado Oil and Gas drill hole database, compiling the holes drilled along the flanks of the Dolores Anticline. The Company is now laying out drill hole locations, guided by the oil and gas drilling to allow commencement of the permitting process for summer drilling.

The Dolores claim group (SC claims) lies in San Miguel County, Colorado on the northern end of the Dolores Anticline and proximal to the southern end of the Uravan Mineral Belt. The Uravan (a contraction of Uranium-Vanadium) Mineral Belt produced 75.5 million pounds of uranium oxide and 331.8 million pounds of vanadium from the Salt Wash Member of the Jurassic Morrison Formation during the years between 1947 and 1979 from more than 1,200 mines. While these mining claims are located on the southern end of the Uravan, they were located in an area considered to be very favorable for the concentration of uranium mineralization in the Moss Back Member of the Triassic Age Chinle Formation and the Permian Cutler Formation as well as the Salt Wash Member of the Morrison Formation. Atomic Minerals' geological consultants have confirmed the presence of uranium mineralization in several prospects in the Dolores River Canyon, where the favorable Moss Back Member has been exposed and appears to have a wide extent, which guided the location of the SC claim block.