Atomic receives confirmation to begin immediate 30,000 foot drilling program on 3 phases of Dolores Anticline, Colorado



    VANCOUVER, Nov. 14 /CNW Telbec/ - 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 rig, 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 Uravan 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 land 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).

    The TSX Venture Exchange Inc. has in no way passed upon the merits of the
    proposed transaction and has neither approved nor disapproved the
    contents of this press release.




For further information:

For further information: on Atomic, please contact Warren McIntyre, the
Company's Chief Executive Officer at (604) 639-2866; Renmark Financial
Communications Inc.: Christine Stewart: cstewart@renmarkfinancial.com;
Victoria Stepanova: vstepanova@renmarkfinancial.com, (514) 939-3989, Fax:
(514) 939-3717, www.renmarkfinancial.com

Organization Profile

ATOMIC MINERALS LTD.

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890