Northwire Canada EditionSunday, August 9, 2026
Northwire
WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0% WHN 0.375 −2.6% LME 0.140 +3.7% AAUC 30.49 +5.3% GGM 0.040 +14.3% FDY 6.18 +3.2% MOG 0.640 +3.2% NEXM 3.20 +1.3% NCAU 0.330 +3.1% LUC 0.160 +0.0% BTR 0.140 +0.0% SMRV 0.200 −16.7% BIG 0.880 +3.5% URC 3.89 +0.0% ATY 0.250 −2.0% NRM 0.075 +7.1% WMS 0.040 +0.0%

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Original News Release

Atomic Minerals receives drilling approval at Harts

Mr. Clive Massey reports ATOMIC MINERALS APPROVED FOR 15 DRILL HOLES AT HARTS POINT URANIUM PROJECT Atomic Minerals Corp. has received approval for the drilling of up to 15 drill holes at its 6,500-acre Harts Point uranium project in San Juan county, Utah. These holes will target the basal Moss Back member of the Chinle formation for uranium mineralization at depths of more than 1,500 feet (457 metres) and follow up on the successful 2024 drill results from former joint venture partner Kraken Energy. Clive Massey, president and chief executive officer of Atomic Minerals, commented: "We are very pleased to have approval for 15 drill holes at Harts Point. The focus of the next phase of drilling will be defining and tracing uranium mineralization along strike, which we hope will define an arcuate belt similar to that at Lisbon Valley." Off-scale radioactivity readings within the Moss Back member of the Chinle formation from downhole gamma-ray probes of three historic oil and gas holes 4.5 kilometres (2.8 miles) apart led to Atomic's staking of the Harts Point project, as part of the Atomic technical team's assessment of the Paradox basin for Lisbon Valley analogues. The two hole drilled by Kraken Energy Corp. in 2024 highlighted anomalous downhole readings in the Moss Back (see March 26, 2024, news release). Lisbon Valley, 31 kilometres or 19 miles east of Harts Point, encompasses the Big Indian mining district, which produced just under 80 million pounds of uranium oxide (U3O8) and 19 million pounds of vanadium from 17 large mines between 1948 and 1988 from the Triassic Chinle and Permian Cutler formations from relatively shallow depths to more than 2,550 feet. This production represents more than 80 per cent of the uranium ore mined in Utah during this time period. Ore grades averaged 0.34 per cent U3O8, making these the highest-grade and thickest minable widths of all the large uranium mining districts discovered in the United States. Lisbon Valley orebodies ranged in dimension from two to 13 metres (seven to 43 feet) thick, 100 to 3,048 metres (328 to 10,000 feet) long and 31 to 427 metres (100 to 1,400 feet) wide. Individual orebodies range in size from a few hundred to over 20 million pounds of U3O8, and were found within a south-to-southeast-trending arcuate belt 16 miles long by one mile (26 kilometres by 1.6 kilometres) wide associated with the southwestern side of the faulted Lisbon Valley anticline. Several historic mines located 11 kilometres (seven miles) west of the Harts Point property produced approximately 280,000 pounds U3O8 at 0.3 per cent U3O8 from the favourable Chinle formation host rock. The three wide-spaced historic oil and gas wells within the property boundary along the eastern flank of the Harts Point anticline recorded off-scale radioactivity within the favourable Chinle formation host rock over widths of 2.1 to 3.7 metres (seven to 12 feet) from depths of 390 to 417 metres (1,280 to 1,368 feet). Atomic cautions investors mineralization at Lisbon Valley and west of Harts Point is not necessarily indicative of similar mineralization at Harts Point. Qualified person R. Tim Henneberry, PGeo (British Columbia), an adviser to the company, is the qualified person under National Instrument 43-101 responsible for the technical contents of this news release and has approved the disclosure of the technical information contained herein. Technical information The drilling results referenced in this release are from historical data, which Atomic Minerals is utilizing as a guide for current and future exploration efforts. The company has not independently verified the sampling or analysis of this historical data. The planned drilling program at Harts Point will aim to validate the historical results, advancing the company's understanding of the uranium potential at the site. About the Harts Point property Harts Point is located in the heart of the Colorado plateau, an area often referred to as the Athabasca basin of the United States due to its rich uranium resources. The property is situated 64 kilometres (40 miles) north of the White Mesa uranium mill, the only fully licensed and operational conventional uranium mill in the United States. Harts Point consists of 324 lode mining claims on BLM (Bureau of Land Management) land, with drilling approved for up to 15 exploration drill holes. About Atomic Minerals Corp. Atomic Minerals is a publicly listed exploration company on the TSX Venture Exchange, trading under the symbol ATOM, led by a highly skilled management and technical team with a proven record in the junior mining sector. Atomic Minerals' objective is to identify exploration opportunities in regions that have been previously overlooked but are geologically similar to those with previous uranium discoveries. These underexplored areas hold immense potential and are in stable geopolitical and economic environments. Atomic Minerals' property portfolio contains uranium projects in three locations within North America, all of which have significant technical merit and or are known for hosting uranium production in the past. Three of the properties are located on the Colorado plateau, an area which has previously produced 597 million pounds of U3O8; three others are in the prolific Athabasca basin region and nine uranium projects are located Northern Saskatchewan, encompassing a total exploration area of 6,495 hectares. We seek Safe Harbor.
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