Core Viewpoint - Atomic Minerals Corporation has expanded its Mozzie Lake project by acquiring additional claims, enhancing its exploration potential in the uranium-rich region of northern Saskatchewan [1][2]. Acquisition Details - The company acquired 5 claims totaling 20,743.5 hectares, increasing the Mozzie Lake project area to 26,073.5 hectares [1]. - The acquisition terms include a payment of $20,000, issuance of 2,000,000 common shares, 1,000,000 warrants exercisable at $0.10 for two years, and a 2% gross overriding royalty on future production [5]. Historical Estimates - Previous drilling programs in 1967 and 1968 identified an estimated 208,300 tons grading 0.118% triuranium octoxide, equating to approximately 491,588 pounds of U3O8 [2][3]. - The historic estimate is considered relevant and reliable, classified as drill indicated, comparable to an inferred resource, but requires further drilling to upgrade its classification [3]. Advisory Board Appointment - Mr. Jody Dahrouge has been appointed to the Advisory Board, bringing over 30 years of experience in mineral exploration, particularly in uranium [6][7]. - His expertise is expected to enhance the company's exploration efforts in both the Athabasca region and U.S. projects [9]. Company Overview - Atomic Minerals Corporation is publicly listed on the TSXV under the symbol ATOM, focusing on exploration opportunities in underexplored regions with geological similarities to past uranium discoveries [11]. - The company's portfolio includes uranium projects in the Colorado Plateau and the Athabasca region, which have historically produced significant amounts of U3O8 [12].
Atomic Minerals Expands Mozzie Lake Holdings, Saskatchewan, and Welcomes Mr. Jody Dahrouge to its Advisory Board