ATOMIC GRANTS STOCK OPTIONS
April 29, 2008 - Vancouver, B.C.: Atomic Minerals Ltd. (ATL: TSX-V) announces that the Company has granted incentive stock options to its most recently-appointed officer to purchase up to 200,000 common shares in the capital stock of the Company pursuant to a shareholders approved Stock Option Plan. The options are exercisable on or before April 25, 2013 at an exercise price of $0.20 per share.
About Atomic Minerals
Tanzania
Atomic holds an option to earn up to a 100% interest in a land package totalling approximately 3800 square kilometres located in the United Republic of Tanzania (the "Properties") from Geo Can Resources Company Ltd. ("Geo Can"). The largest of the Properties are located in south-western Tanzania and are considered to be part of the "Malawi Extension" based on the location of the Property relative to blocks earmarked as potentially favourable for uranium enri
chment. The Malawi Extension, located in the Republic of Malawi on south-west border of Tanzania, hosts the Kayelekera deposit which Paladin Resources is currently developing into a mine. Other mining companies exploring in the area include Mantra Resources and Western Metals (both in Tanzania).
Colorado
Atomic Minerals Ltd. also holds leases over a total of 932 mining claims located in both Dolores and San Miguel counties in south-western Colorado, approximately 30 miles from Denison Mine Corp's White Mesa Mill. The Company also holds a letter of intent to option a 90% interest in a further 1585 mining claims in Dolores County. Atomic holds leases over an additional 272 mining claims located in the northern part of Colorado in Grand County.
"Warren McIntyre"
Warren McIntyre
President and Chief Executive Officer
Atomic Minerals Ltd.
Renmark Financial Communications Inc.
Jason Roy : jroy@renmarkfinancial.com
Victoria Stepanova : vstepanova@renmarkfinancial.com
Tel. : (514) 939-3989
Fax : (514) 939-3717
www.renmarkfinancial.com
THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
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Atomic Minerals Ltd.
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EXPLORATION STAGE |
CODE : MJ7.F |
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Atomic Minerals is a uranium exploration company based in Canada. Atomic Minerals holds various exploration projects in Tanzania. Its main exploration properties are NINO PERDIDO, LACHIGUIRI and TAVICHE in Mexico and MBINGA in Tanzania. |