Atlas Resigns from Board of Directors
January 4, 2008 - Vancouver, B.C.: Atomic Minerals Ltd. (ATL: TSX-V) reports that Mr. Ronald Atlas has resigned as a Director of Atomic in order to focus his efforts on his other business interests. The Board wishes to thank Mr. Atlas for his contributions to the Company's development and wishes him every success in the future.
About Atomic Minerals
Colorado
Atomic Minerals Ltd. 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.
Tanzania
Atomic also has 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 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. 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).
For further information on Atomic, please contact :
Warren McIntyre, the Company's Chief Executive Officer at (604) 639-2866.
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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Atlas Minerals
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EXPLORATION STAGE |
CODE : AMR.V |
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Atlas Minerals is a gold and copper exploration company based in Canada. Its main exploration property is TRES-CHORRERAS in Ecuador. Atlas Minerals is listed in Canada. Its market capitalisation is CA$ 3.7 millions as of today (US$ 2.7 millions, € 2.5 millions). Its stock quote reached its highest recent level on February 29, 2008 at CA$ 1.02, and its lowest recent point on December 31, 2008 at CA$ 0.01. Atlas Minerals has 93 220 000 shares outstanding. |