Atomic Minerals completes survey at Mozzie Lake

Executive Summary

• Atomic Minerals Corp. has completed an airborne gradient magnetometer survey at its Mozzie Lake uranium project in Northern Saskatchewan, covering 2,019.6 line kilometres at 100-metre spacing.
• Data integrity and quality are confirmed, with the company awaiting a 3-D inversion and logistics report to identify uranium-hosting structures and potential repeat targets.
• Ground truthing and prospecting activities are fully funded and scheduled to commence as soon as weather/field conditions permit.

Key Details

• Survey Coverage: 2,019.6 line kilometres completed against a 2,963 line km target; the southwest corner of the 26,073.5-hectare claim block was not surveyed due to inclement weather.
• Data Processing: High-quality dataset confirmed; awaiting 3-D inversion and logistics report to map structures and units hosting uranium mineralization.
• Next Steps: Follow-up ground truthing and prospecting fully funded; mobilization pending favorable conditions.
• Historic Drilling Data: 1967-1968 programs identified a historic estimate of 208,300 tons grading 0.118% U3O8 (~491,588 lbs U3O8) within pegmatite intrusions.
• Resource Classification Status: Historic estimate classified as "drill indicated" (comparable to NI 43-101 inferred resource); requires twinning of historical holes to upgrade to current inferred resource.
• Qualified Person: R. Tim Henneberry, PGeo (British Columbia), responsible for technical content under NI 43-101.
• Regulatory Caution: Company explicitly states a qualified person has not done sufficient work to classify the historical estimate as current mineral resources and does not treat it as such.

Notable Quotes

• Clive Massey, President & CEO: "While we were unable to survey the entire 26,070-hectare property, we are extremely pleased to have covered all but the southwest corner of the claim block. There were no issues reported with respect to data intergrity and quality, so we have a quality data set and eagerly await the 3-D inversion and logistics report, which should assist in identifying the structures and units hosting the uranium mineralization and also identify potential repeats across the property. Follow-up ground truthing and prospecting is also fully funded and will commence as soon as conditions permit."