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Atomic Minerals Corporation (ATMMF) delivers focused uranium exploration across North America's most prospective regions. This news hub provides investors and industry observers with timely updates on technical developments, financial announcements, and strategic partnerships.
Access authoritative reporting on exploration milestones, including geophysical survey results from the Athabasca Basin and Colorado Plateau projects. The page consolidates press releases related to permit approvals, joint venture formations, and resource estimation updates.
Key updates include drilling program outcomes, leadership changes affecting exploration strategy, and financial transactions supporting ongoing operations. All content undergoes verification to ensure alignment with regulatory disclosure standards.
Bookmark this page for efficient tracking of ATMMF's progress in advancing its uranium portfolio through methodical exploration and strategic capital management.
Atomic Minerals (TSXV: ATOM) announced a debt settlement agreement with an arm's length third party, where the company will issue 458,182 common shares at $0.055 per share to settle a CAD$25,200 debt. This move aims to preserve cash for operations. The transaction is pending TSX Venture Exchange approval, and all issued shares will have a four-month and one-day hold period.
Atomic Minerals Corp. (TSXV: ATOM) announced the identification of the Pistol Lake Target Zone (PLTZ) at its Pistol Lake Project in Northern Saskatchewan's Athabasca Basin. The PLTZ, identified through a detailed analysis of historical datasets, spans 3.5 km and presents a significant exploration opportunity. Historical drilling in adjacent areas revealed highly altered sandstones, indicating potential deeper basement uranium. The PLTZ was initially highlighted in a 2007 Falcon Airborne Gravity Gradiometer survey by Fugro for Areva. Atomic Minerals plans to commence fieldwork in 2024 to further explore the uranium potential of the PLTZ.
Atomic Minerals (TSXV: ATOM) announced the results of a detailed analysis of historical gamma ray logs at the Dolores Anticline Project in SW Colorado. By utilizing advanced geophysical techniques, the company aims to refine its exploration strategies and evaluate uranium potential with precision. The analysis focused on the Moss Back member of the Chinle formation, a key uranium host, within the Paradox Basin. The region has a rich mining heritage and is strategically positioned to benefit from the current uranium market conditions. Community support and operational infrastructure in Moab and Monticello ensure continuous mining operations. The Dolores Anticline Project in San Miguel County, Colorado, is set for summer drilling after confirming the presence of uranium mineralization in the Moss Back member.
Atomic Minerals announces significant progress on its strategic claim blocks located on the Colorado Plateau in the US Southwest. The company is advancing exploration efforts at Harts Point, 10 Mile Anticline, and Dolores Anticline with a focus on uranium mineralization. Recent drilling results have been promising, showcasing potential mineralization at the properties. Atomic Minerals is committed to leveraging its technical expertise to further explore and quantify uranium mineralization in the region.