Atomic Receives Confirmation to Begin Immediate 30,000 Foot Drilling Program
on 3 Phases of Dolores Anticline, Colorado
Vancouver, B.C. - November 14, 2007 - Atomic Minerals Ltd. (TSX-V: ATL) ("Atomic" or the "Company") is pleased to announce that it has received confirmation from the Bureau of Lands and Mines ("BLM") to initiate drilling up to 30,000 feet on the Dolores Anticline. The Company filed the Notice of Intent ("NOI") on September 17, 2007 to conduct exploration activities for the Summit Point and Box Canyon Exploration Projects in San Miguel County, Colorado. These activities are to include but not limited to: preparing and clearing roads, building of 13-100'by100' drill pads, the drilling of up to 13 - 2500 foot drill holes, reclamation and fill in of drill holes.
Additionally, the Company has awarded the drill contract to Bob Beeman's Drilling Co. of Utah. Beeman's has over 30 years of experience drilling. The mobilization of the drill crew and equipment will begin immediately. They will be using a 6" rotary drill ri
g, to do the permitted 13 boreholes of up to 2500 feet each. The drill program will run 24 hours a day until each hole is completed. Atomic has posted required "reclamation" bonds with the BLM.
Warren McIntyre, President of Atomic said "The confirmation from the BLM has been much anticipated, and we are anxious to get this initial program done. Currently, we are on schedule to complete the full program before winter weather hits the area. The program will be supervised by our VP Exploration, Richard Dorman and our geologist John Cowan every step of the way. We are looking forward to getting drilling results soon after."
The Dolores Anticline is located only 30 miles from Lisbon Valley and is also within the Uravan Mineral Belt. Economically important amounts of uranium have been produced from the Salt Wash Member of the Morrison Formation of Late Jurassic Age, and the Moss Back Member of the Late Triassic Chinle Formation in and near the Urava
n Mineral Belt in San Miguel, Montrose and Dolores Counties, Colorado (United States Geological Survey 1968, Daniel R. Shawe, Denver, Colorado). Additionally, the Dolores Anticline was drilled by both Hunt Oil and Newmont in the 1970s. Drill logs from this wide spaced drilling indicate that the favorable Moss Back Member of the Chinle Formation is present in the area. The Dolores Anticline is one of the last salt anticlines in the Paradox Basin which has not been extensively drilled to explore for mineralization in the Moss Back Member of the Chinle Formation. Field investigations have confirmed the presence of favourable environments within the Moss Back Member of the Chinle Formation along the Dolores River Canyon which transects the Dolores Anticline.
Atomic Minerals Ltd. also has letter of intent (the "LOI") 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 la
nd package totalling approximately 3600 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. Historical Airborne Radiometric surveys over Tanzania (done by GeoSurvey International) have provided useful data regarding the area. Other mining companies exploring in the area include Paladin Resources (Malawi), Mantra and Western Metals (both in Tanzania).
For further information on Atomic, please contact Warren McIntyre, the Company's Chief Executive Officer at (604) 639-2866.
Renmark Financial Communications Inc.
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