ATOMIC SIGNS FINAL LETTER OF INTENT TO ACQUIRE
TANZANIAN PROPERTY PACKAGE
February 28, 2008 - Vancouver, B.C.: 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
Colorado
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.
"Warren McIntyre"
Warren McIntyre
President and Chief Exec
utive 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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CODE : MJ7.F |
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Atomic est une société d’exploration minière d'uranium basée au Canada. Atomic détient divers projets d'exploration en Tanzanie. Ses principaux projets en exploration sont NINO PERDIDO, LACHIGUIRI et TAVICHE au Mexique et MBINGA en Tanzanie. |