Atomic Minerals Signs Contract for Airborne Gradient Magnetometer Survey at Mozzie Lake Uranium Project
Atomic Minerals Corporation is a Canadian-based exploration company focused on identifying and developing uranium properties, primarily in the Athabasca Basin and the Colorado Plateau.

On February 10, 2026, Atomic Minerals announced it has executed a contract with Axiom Exploration Group Ltd. for a helicopter-borne gradient magnetometer survey at its Mozzie Lake uranium project in Saskatchewan. The survey covers 2,963 line km at 100m spacing. The primary objective is to identify structural controls for uranium mineralization to guide follow-up ground truthing and prospecting. Management states that the follow-up work is "fully funded." The release also reiterates a historical (non-compliant) resource estimate of 491,588 lbs of U3O8 at 0.118%.
- The impact is Marginal/Routine. While an airborne survey is a necessary technical step for exploration, it is a preliminary, low-cost activity. It does not represent a discovery or a significant advancement in project de-risking.
- The news serves to maintain market interest following the recent listing on the OTCQB (Dec 2025) and the hiring of a new IR firm, Lagace Capital (Jan 2026).
- The "fully funded" claim for follow-up work must be viewed against the Nov 30, 2025, financial statement, which showed only $133,921 in cash against $1.15 million in total liabilities. The Dec 2025 private placement of $400,000 provided some relief, but the burn rate remains high.
Atomic Minerals is a "project generator" style explorer. - Flagship Project: Mozzie Lake (Saskatchewan). It is an "intrusive-type" uranium project (pegmatite hosted), which typically offers lower grades than unconformity-style deposits but can be more continuous. - Secondary Focus: Harts Point and South Lisbon Valley (Utah). These target the "Moss Back" member, which is historically productive in the Colorado Plateau. - Strategy: The company relies heavily on historical data (1950s-1970s) to identify "overlooked" targets.