Lisbon Valley East Drill Permitting Initiated

VANCOUVER – Atomic Minerals Corporation reported submission of drill permits at its 1,516.5 acre (614 hectare) South Lisbon Valley East property (SLVE) located approximately 35 kilometres NE of Monticello, Utah. SLVE lies in the Colorado Plateau and covers the southern portion of a suspected belt of penecordant uranium mineralization hosted in the Moss Back member of the Triassic Chinle formation associated with the northeastern side of the downfaulted Lisbon Valley anticline.
Evaluation of oil and gas drill holes in the Lisbon Valley area located gamma ray anomalies within the base of the Chinle Formation in a number of the drill holes, potentially outlining a similar belt of uranium mineralization as found on the southwest side of the Lisbon Valley anticline.
“We are permiting an initial 18-20 drill holes in a series of fences across the property to test for uranium mineralization as well asestablish the full width of the suspected arcuate belt along the length of the property,” commented CEO Clive Massey. “We strongly believe significant uranium mineralization lies within the target belt, analogous to the previously producing uranium belt on the SW side of the Lisbon Valley Fault.”