VANCOUVER, Feb. 28 /CNW Telbec/ - Atomic Minerals Ltd. (ATL: TSX-V) is
very pleased to announce that it has signed a definitive option agreement (the
"Option") with Geo Can Resources Company Ltd. ("Geo Can") for its land package
in the United Republic of Tanzania on the terms contained in the January 28th
amended letter of intent and described in Atomic's news release of the same
day. The Option allows Atomic to acquire up to a 90% interest in a land
package now totalling over 940,000 acres (the "Property") divided into
10 separate licenses (the "Licenses"). Having received the approval of the TSX
Venture Exchange ("TSX-V"), Atomic is now able to proceed with full-scale
exploration of this land package. Warren McIntyre, Atomic's CEO, noted
"Initial groundwork and geophysics has already been started on our three
licenses located in the Mbinga district, which were the subject of our 43-101
report. We are committed to flying airborne surveys on these projects upon
successful permitting. This should be completed by April. Upon receipt of this
information we will follow up with an aggressive drilling program slated for
the late spring and summer of 2008. We look forward to establishing Atomic as
a real presence in uranium exploration in the country of Tanzania."
About Atomic Minerals
Atomic Minerals Ltd. also holds leases over a total of 932 mining claims
located in both Dolores and San Miguel counties in southwestern 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.
President and Chief Executive Officer
Atomic Minerals Ltd.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this news release.
For further information:
For further information: Renmark Financial Communications Inc.: Jason
Roy, email@example.com; Victoria Stepanova,
firstname.lastname@example.org, (514) 939-3989, Fax: (514) 939-3717,