Acquisition Of The SC Claim Block In Colorado

VANCOUVER - Atomic Minerals Corporation has acquired by staking, the SC Claim Group (SC), consisting of 50 unpatented lode claims totaling more than 1,000 acres, in San Miguel County, Colorado through its wholly owned American subsidiary, Recoupment Exploration Company, LLC.

Clive Massey, CEO and President, said, "We are extremely excited to announce the first of our US uranium acquisitions. The Delores Anticline has been of technical interest to me since my Universal Uranium days and I'm very pleased to add this property to the Atomic portfolio as we continue to acquire superior uranium assets."

Atomic Minerals SC claim group lies on the northern end of the Dolores Anticline, in San Miguel County, Colorado, at the southern end of the Uravan Mineral Belt. The Uravan (a contraction of Uranium-Vanadium) Mineral Belt produced 75.5 million pounds of uranium oxide and 331.8 million pounds of vanadium from the Salt Wash Member of the Jurassic Morrison Formation during the years between 1947 and 1979 from more than 1,200 mines. While these mining claims are located on the southern end of the Uravan, they were located in an area considered to be very favorable for the concentration of uranium mineralization in the Moss Back Member of the Triassic Age Chinle Formation and the Permian Cutler Formation as well as the Salt Wash Member of the Morrison Formation.