Advancement Consideration Of Uranium Exploration With Historical Gamma Ray Logs At Dolores Anticline Project

VANCOUVER - Atomic Minerals Corporation reported on detailed analysis of stratigraphic and gamma ray logs from the historical oil well log data at the Dolores Anticline Project in SW Colorado. This initiative underlines the Company's commitment to integrating advanced geophysical techniques to refine its exploration strategies and enhance the geological understanding of its central uranium prospects.

"Utilizing historical gamma ray logs for a refined geological analysis at the Dolores Anticline enables us to pinpoint geological formations and evaluate their uranium potential with precision," said Clive H. Massey, President & CEO. "This advanced technology bolsters our efforts in uranium exploration and optimizes our strategy for assessing our broad portfolio. We are particularly grateful for the support from the communities in Monticello and San Juan County, which is crucial as we advance our projects."

Atomic Minerals analyzed the stratigraphic logs or stratigraphic estimates in conjunction with the gamma ray logs from historic oil and gas holes drilled throughout the Dolores Anticline to zero in on the favorable Moss Back member of the Chinle formation. The Moss Back hosts the bulk of the Triassic uranium mineralization within the salt anticlines throughout the Paradox Basin within the Colorado Plateau, America's premier uranium mining district. The Chinle formation has produced 120 million pounds of U3O8 to date.

A total of 93 Colorado oil and gas hole locations were found in the database and were analyzed: 21 holes were permitted but never drilled, 31 holes either did not have a gamma log or were cased through the Chinle, 1 was collared below the base of the Chinle and 1 was lost before intersecting the Chinle. Of the remaining 39 holes, 19 recorded anomalous gamma ray values associated with the suspected base of the Chinle formation, a success rate of almost 50%.

A review of the plan map of the western arcuate belt of the Lisbon Valley Anticline, the type location for the Chinle uranium deposits, shows the uranium occurred in distinct deposits along the 17 km long belt, some clustered and others widespread, most notedly with barren gaps within the deposit clusters.