ATOMIC GRANTS STOCK OPTIONS
March 17, 2008 - Vancouver, B.C.: Atomic Minerals Ltd. (ATL: TSX-V) announces that the Company has granted incentive stock options to its most recently-appointed director to purchase up to 125,000 common shares in the capital stock of the Company pursuant to a shareholders approved Stock Option Plan. The options are exercisable on or before March 11, 2013 at an exercise price of $0.20 per share.
About Atomic Minerals
Tanzania
Atomic has a letter of intent with Geo Can Resources Company Ltd. ("Geo Can") to enter into an option agreement to earn the right to acquire up to a 100% interest in a land package totalling approximately 3800 square kilometres located in the United Republic of Tanzania (the "Property"). The Property is located in south-western Tanzania and is considered to be part of the "Malawi Extension" based on the location of the Property relative to blocks earmarked
as potentially favourable for uranium enrichment. 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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EXPLORATEUR |
CODE : MJ7.F |
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Atomic Minerals est une société d’exploration minière d'uranium basée au Canada. Atomic Minerals détient divers projets d'exploration en Tanzanie. Ses principaux projets en exploration sont NINO PERDIDO, LACHIGUIRI et TAVICHE au Mexique et MBINGA en Tanzanie. |