Atomic Minerals Completes Airborne Gradient Magnetometer Survey at Mozzie Lake Uranium Project

Core Viewpoint - Atomic Minerals Corporation has successfully completed an airborne gradient magnetometer survey at its Mozzie Lake uranium project, covering nearly the entire property and awaiting further analysis to identify uranium mineralization structures [1][2]. Group 1: Survey and Data Integrity - The survey covered all but the southwest corner of the 26,073.5 hectare property, with no reported issues regarding data integrity and quality, leading to a reliable data set [2] - The company is anticipating a 3D inversion and logistics report that will help in identifying structures and units hosting uranium mineralization, as well as potential repeats across the property [2] Group 2: Historical Estimates and Resource Classification - The Mozzie Lake project has a historical estimate of 208,300 tons grading 0.118% triuranium octoxide, equating to approximately 491,588 pounds of U3O8, identified from diamond drilling programs in 1967 and 1968 [3][4] - The historical estimate is considered relevant by the company, as it was completed by competent geologists and adheres to the standards of the time, although it is classified as drill indicated, comparable to an inferred resource [4] Group 3: Company Overview and Objectives - Atomic Minerals Corporation is a publicly listed exploration company on the TSXV, focused on identifying exploration opportunities in underexplored regions with geological similarities to areas with previous uranium discoveries [7] - The company's portfolio includes significant assets in three proven uranium districts, including the Mozzie Lake project in Saskatchewan and other projects in the Colorado Plateau, with a historic production of 597 million pounds of U3O8 [8]