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Atomic Minerals Announces 2024 Prospecting Program for Archie Lake Uranium Project, Northern Saskatchewan

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Atomic Minerals (TSXV: ATOM) has announced plans for its initial prospecting program at the 100% owned Archie Lake Project in northern Saskatchewan. The program will involve an eight-man prospecting team from Grander Exploration conducting an extensive grab and chip sampling program to explore the 264-hectare property for basement-hosted uranium mineralization.

The team will focus on target areas TZ1 and TZ2, identified through a review of historic geophysical data. A first pass scintillometer survey with 25-meter spacing will cover the entire property, with anomalous areas being soil sampled and examined for bedrock. The Archie Lake Project is strategically located near NexGen Energy's significant land package, in an area known for high-grade uranium deposits.

Atomic Minerals (TSXV: ATOM) ha annunciato i piani per il suo programma iniziale di prospezione presso il Progetto Archie Lake, interamente posseduto, situato nella parte settentrionale del Saskatchewan. Il programma prevede un team di otto persone di Grander Exploration che condurrà un esteso programma di campionamento a grab e chip per esplorare il proprietà di 264 ettari alla ricerca di mineralizzazione di uranio ospitata nel substrato.

Il team si concentrerà sulle aree target TZ1 e TZ2, identificate attraverso una revisione di dati geofisici storici. Un primo passaggio di indagine con scintillometro, con interspazi di 25 metri, coprirà l'intera proprietà, con aree anomale sottoposte a campionamento del suolo e esaminate per il substrato roccioso. Il Progetto Archie Lake si trova in una posizione strategica vicino al significativo pacchetto di terre di NexGen Energy, in un'area nota per i depositi di uranio di alta qualità.

Atomic Minerals (TSXV: ATOM) ha anunciado planes para su programa inicial de prospección en el Proyecto Archie Lake, de propiedad 100% en el norte de Saskatchewan. El programa contará con un equipo de prospección de ocho personas de Grander Exploration que llevará a cabo un extenso programa de muestreo en grabas y chips para explorar la propiedad de 264 hectáreas en busca de mineralización de uranio alojada en el sustrato.

El equipo se enfocará en las áreas objetivo TZ1 y TZ2, identificadas a través de una revisión de datos geofísicos históricos. Se realizará una primera encuesta con un escintilómetro con separación de 25 metros que cubrirá toda la propiedad, y las áreas anómalas serán muestreadas y examinadas en busca de roca madre. El Proyecto Archie Lake está estratégicamente ubicado cerca del significativo paquete de terrenos de NexGen Energy, en un área conocida por sus depósitos de uranio de alta ley.

Atomic Minerals (TSXV: ATOM)는 북부 사스카출완에 위치한 Archie Lake 프로젝트에 대한 초기 탐사 프로그램 계획을 발표했습니다. 이 프로그램은 8명의 탐사 팀이 Grander Exploration에서 진행하며, 264헥타르의 부지에서 기저암에 호스트된 우라늄 광물화를 탐사하기 위한 광범위한 그랩 및 칩 샘플링 프로그램을 실시할 것입니다.

팀은 역사적인 지오피지컬 데이터를 검토하여 확인된 목표 지역 TZ1과 TZ2에 집중할 것입니다. 첫 번째 스캔티로미터 조사가 25미터 간격으로 전체 부지를 커버하고, 비정상적인 지역에서 토양 샘플링이 이루어져 암석을 조사할 것입니다. Archie Lake 프로젝트는 NexGen Energy의 중요한 토지 패키지와 가까운 전략적으로 위치한 지역으로, 고급 우라늄 매장지로 알려져 있습니다.

Atomic Minerals (TSXV: ATOM) a annoncé ses plans pour son programme initial de prospection sur le Projet Archie Lake, entièrement détenu, situé dans le nord de la Saskatchewan. Le programme impliquera une équipe de prospection de huit personnes de Grander Exploration qui mènera un programme d'échantillonnage à grab et à puce étendu pour explorer la propriété de 264 hectares à la recherche de minéralisation d'uranium hébergée dans le socle.

L'équipe se concentrera sur les zones cibles TZ1 et TZ2, identifiées grâce à un examen des données géophysiques historiques. Un premier relevé au scintillomètre avec un espacement de 25 mètres couvrira l'ensemble de la propriété, les zones anormales étant soumises à un échantillonnage du sol et examinées pour le socle rocheux. Le Projet Archie Lake est stratégiquement situé près du paquet de terres significatif de NexGen Energy, dans une zone connue pour ses dépôts d'uranium de haute qualité.

Atomic Minerals (TSXV: ATOM) hat Pläne für sein erstes Prospektionsprogramm im Archie Lake Projekt, das zu 100 % im Besitz des Unternehmens ist und sich im nördlichen Saskatchewan befindet, angekündigt. Das Programm wird ein achtköpfiges Prospektionsteam von Grander Exploration beinhalten, das ein umfangreiches Grab- und Chipprobenprogramm zur Untersuchung des 264 Hektar großen Grundstücks auf uranhaltige Mineralisierungen im Grundgestein durchführt.

Das Team wird sich auf die Zielgebiete TZ1 und TZ2 konzentrieren, die durch eine Überprüfung historischer geophysikalischer Daten identifiziert wurden. Eine erste Scintillometer-Untersuchung mit 25-Meter-Abständen wird das gesamte Grundstück abdecken, wobei anomal auftretende Bereiche Bodensamples entnommen und auf das Felsgestein untersucht werden. Das Archie Lake Projekt ist strategisch günstig gelegen in der Nähe des signifikanten Landpakets von NexGen Energy in einem Gebiet, das für hochgradige Uranlagerstätten bekannt ist.

Positive
  • Initiation of a comprehensive prospecting program for uranium exploration
  • Strategic location near NexGen Energy's significant land package
  • Use of advanced technology and systematic exploration approach
  • 100% ownership of the Archie Lake Project
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - August 14, 2024) - Atomic Minerals Corporation (TSXV: ATOM) ("ATOMIC MINERALS" or the "Company") is pleased to announce plans for its initial prospecting program at its 100% owned Archie Lake Project ("Archie Lake") in northern Saskatchewan. A Grander Exploration Ltd. eight-man prospecting team will undertake an extensive grab and chip sampling program to explore the 264-hectare property for basement-hosted hosted uranium mineralization in this active exploration area of northeast Saskatchewan.

Grander has identified target areas TZ1 and TZ2 (see July 18, 2024 News Release) after a detailed review of historic geophysical data. A first pass scintillometer survey with 25-meter spacing will cover the entire property, focusing on TZ1 and TZ2. Anomalous areas will be soil sampled and examined for bedrock with rock or Shaw drill sampling to follow.

Clive Massey, President & CEO of Atomic Minerals, commented, "We are excited to commence planning for our 2024 prospecting program at Archie Lake. This project represents a significant opportunity for Atomic Minerals, and we are confident that our systematic exploration approach will yield promising results. The use of advanced technology and meticulous planning underscores our commitment to uncovering the full potential of this uranium-rich region."

Archie Lake

Situated in northern Saskatchewan and straddling the southwestern edge of the Athabasca Basin, the Archie Lake Project lies contiguous to NexGen Energy's significant land package to the north, east, and west. NexGen's holdings in this area focus on repeats of its Arrow high-grade basement-hosted uranium deposit. The Athabasca Basin in Canada is renowned for hosting the vast majority of the world's high-grade uranium deposits. The Company is currently designing a multiphase exploration strategy to explore these target zones, with further details to be announced shortly.

Qualified Person

Mr. R. Tim Henneberry, P.Geo. (BC), an advisor to the Company, is the "Qualified Person" under National Instrument 43-101 responsible for the technical contents of this news release and has approved the disclosure of the technical information contained herein.

Atomic has not undertaken any independent investigation of the geophysical surveys, nor has it independently analyzed the results of the historical exploration work in order to verify the results. Atomic considers these historical geophysical surveys relevant as it is using these surveys as a guide to plan exploration programs.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/10252/219817_2c87aae4f410486e_002.jpg

Figure 1. Location of Target Zones 1 & 2 from Historic Falcon AGG Survey1

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/10252/219817_2c87aae4f410486e_002full.jpg

About the Company

Atomic Minerals Corp. is a publicly listed exploration company on the TSX Venture Exchange, trading under the symbol ATOM, led by a highly skilled management and technical team with a proven track record in the junior mining sector. Atomic Minerals' objective is to identify exploration opportunities in regions that have been previously overlooked but are geologically similar to those with previous uranium discoveries. These underexplored areas hold immense potential and are in stable geopolitical and economic environments.

Atomic Minerals' property portfolio contains uranium projects in three locations within North America, all of which have significant technical merit and or are known for hosting uranium production in the past. Three of the properties are located on the Colorado Plateau, an area which has previously produced 597 million pounds of U3O8; Three others are in the prolific Athabasca Basin region and nine uranium projects are located Northern Saskatchewan, encompassing a total exploration area of 6,495 hectares.

For additional information about the Company and its projects, please visit our website at www.atomicminerals.ca

ON BEHALF OF THE BOARD OF DIRECTORS

"Clive Massey"
Clive H. Massey
President & CEO

For further information, please contact:
info@atomicminerals.ca
(604) 341-6870

Neither TSX Venture Exchange nor their Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements:

This news release contains certain statements that may be deemed "forward-looking" statements. Forward-Looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates", "projects", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. Although Atomic Minerals Corporation believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of Atomic Minerals Corporation management on the date the statements are made. Except as required by law, Atomic Minerals Corporation undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.

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1 Sourced: Analysis and Interpretation of Falcon Airborne Gravity Gradiometer Survey by Condor Consulting, Inc. for Nexgen Energy Ltd. - June 3, 2015 - Nicole Pendrigh, M.Sc. and Ken Witherly CPG-11536

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/219817

FAQ

What is Atomic Minerals' 2024 prospecting program for the Archie Lake Uranium Project?

Atomic Minerals' 2024 prospecting program for the Archie Lake Uranium Project involves an eight-man team from Grander Exploration conducting extensive grab and chip sampling to explore the 264-hectare property for basement-hosted uranium mineralization. The program includes a first pass scintillometer survey with 25-meter spacing, focusing on target areas TZ1 and TZ2.

Where is the Archie Lake Uranium Project located and what is its significance?

The Archie Lake Uranium Project is located in northern Saskatchewan, straddling the southwestern edge of the Athabasca Basin. It is significant due to its proximity to NexGen Energy's land package and its potential for high-grade uranium deposits, as the Athabasca Basin is known for hosting the majority of the world's high-grade uranium deposits.

What exploration techniques will Atomic Minerals (TSXV: ATOM) use in the Archie Lake prospecting program?

Atomic Minerals (TSXV: ATOM) will use a combination of techniques in the Archie Lake prospecting program, including grab and chip sampling, a first pass scintillometer survey with 25-meter spacing, soil sampling of anomalous areas, and rock or Shaw drill sampling of bedrock. The program is based on a review of historic geophysical data.

What are the target areas for Atomic Minerals' 2024 Archie Lake uranium exploration program?

The primary target areas for Atomic Minerals' 2024 Archie Lake uranium exploration program are TZ1 and TZ2. These areas were identified after a detailed review of historic geophysical data and will be the focus of the initial prospecting efforts.

ATOMIC MINERALS CORP

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