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TSXV: ATL

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Recommended drilling transects on the Dolores Anticline Claims (red symbols) ... Letter of intent signed with Geo Can Resources Company Ltd. to acquire up to 90 ... – PowerPoint PPT presentation

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Title: TSXV: ATL


1
TSX-V ATL
October 2007
2
CORPORATE PROFILE
  • Fully listed TSX-V May 28,2007
  • Strong Financial and market support
  • Seeking strategic partnerships (J.V.)
  • Globally positioned in the Uranium market with
    large land positions in U.S. and Africa with
    over 2.5 million acres combined
  • Strategically located in known uranium belts
    and mineralization
  • Close proximity to large uranium mills
  • Denison (White Mesa) Paladins(Kayelekera)

3
Directors and Officers
  • Warren McIntyre President and CEO
  • Jeff Sheremeta CFO
  • Robert McMorran Director
  • Ron Atlas Director
  • Volkert Bobeldijk Director
  • Richard Dorman V.P. Exploration U.S.
  • Roger Newall V.P. Exploration - Africa
  • Non directors

4
Share Information
  • Shares Issued and Outstanding 33,842,671
  • Warrants Outstanding 7,416,200
  • (0.75 Cent with force _at_ 1.25)
  • Options Outstanding 2,510,000
  • Shares Fully Diluted 44,300,371
  • Cash On Hand 4,500,000

5
GRAND COUNTY CLAIMS
6
DOLORES ANTICLINE PROJECT
7
Denisons White Mesa Mill
8
Simplified geology of the Project area (modified
after Shawe et al., 1968), showing claims
(shaded) and radon measurement localities
9
Figure E2. Bull Snake Mine portal, in Dolores
River Canyon at contact of Moss Back Member of
Chinle Formation with underlying Cutler
Formation. View southwest, camera location
(lower left) referenced to UTM NAD27 Zone 12
meters.
10
Figure 3. Conglomerate at the base of a channel
fill deposit.
11
Figure 4. Dune cross-bedded sandstone at Section
5
12
Figure 5. Typical abandonment deposits (carbon
trash) at top of Story 3, Section 3 (see Figure
8). The deposits are composed of abundant wood
fragments, poorly-cemented sandstone, oxidized
and altered material above a coarse-grained
sandstone (base of picture).
13
Figure 1. Location map (Joe Davis Hill 7.5 minute
USGS quadrangle) showing location of
stratigraphic sections of the Moss Back Member of
the Chinle Formation measured in this study.
Yellow highlights location where thick sandstone
of the Moss Back Member are exposed. Blue are
locations where Moss Back sandstone is missing.
Areas between these lines are zones where the
sandstones are pinching out.
14

Figure E4. Relationship of the delta complex
identified in the Moss Back mapping study and
radon concentrations (kriged data, picocuries per
liter in soil gas) above the southeastern claim
block. Coordinates in UTM NAD27 Zone 12 meters.
15
Figure 3. Map of Dolores Anticline claims,
showing apparent enrichment trend between Lisbon
Valley and the Dolores River Canyon, and
suggested drilling transects.
16
Figure E5. Recommended drilling transects on the
Dolores Anticline Claims (red symbols). Base
maps, from northwest to southeast, include
portions of the Horse Range Mesa, Joe Davis Hill,
and The Glade 124,000 topographic coverages.
Only the original 932 claims are shown.
17
Dolores Anticline Exploration Development
  • Exploration budget of 2.2m for last qtr 2007
  • Drilling to commence mid-October for Phase I
  • 1st phase, 13 boreholes of up to 2500 ft. /total
    of 30,000 ft.
  • 2nd phase geophysical work and preparation for
    2008 drill program to include our additional
    claims, Glade Upper Willow, S.E. extension of
    the Anticline.
  • File Notice of Intent to drill an additional 12
    boreholes on the AD and DA claims in 2nd qtr 2008
  • Establish drill targets at Glade Willow, S.E.
    extension of the Anticline for late spring of
    2008

18
TANZANIA PROJECT
  • 10 Properties located in southwestern Tanzania
    and are considered to be part of the Malawi
    extension and Karoo Basin.
  • Letter of intent signed with Geo Can Resources
    Company Ltd. to acquire up to 90 interest in
    over 1,000,000 acres of uranium property in
    Tanzania.
  • Historical radiometric surveys completed by Geo
    Can Resources indicate the potential for uranium
    enrichment.
  • Located in the same region as properties held by
    Paladin Resources (Malawi), Denison
    Mines(Zambia), Western Metals and Universal
    Exploration both in Tanzania.
  • Marquee project located 60 kms from Paladins
    150m Kayelaera Project

19
Kayelekera Project (Paladin) 25,000,000 lbs U3O8
20
25,000,000 pounds U3O8
21
(No Transcript)
22
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23
PL 4297
24
PL 4297
25
PL 4335
26
PL 4433
27
PL 4514
28
PL 4514
29
Whats ahead
  • U.S. Dolores Anticline
  • Early October - Begin drill program of 30,000
    feet on the upper Dolores
  • Finalize contract on additional 1585 claims to
    the S.E.
  • Initial geophysical work on S. extension
  • and begin filing process for spring 2008 and
    drill program
  • Tanzania
  • Complete 43-101 report on all 10 properties (Nov.
    1)
  • Initial exploration program based on report
    recommendations
  • Seek strategic alliances and partnerships in the
    district
  • Implement a drill program as soon as possible
    (prior to year end 2007)
  • Acquire additional land in the Ruuhuu Basin along
    the shore of Lake Nyasa
  • adjacent to Paladins Kayelekera Project Deposit
    .only 60 km away
  • Overall
  • Strategic alliances
  • Aggressive exploration and drilling
  • CREATE

30
Quote of the Day
  • Uranium spot price globally has bottomed. The
    AEB sold by auction over 380,000 pounds of
    uranium in August 2007. The purchasers were
    announced yesterday
  • 3 US Powercorps and Uranium One.
  • Look for Uranium prices to move upwards of 90
    before year end. Stocks to watch Denison
    Uranium One.
  • Bart Jaworski Analyst
  • Raymond James
  • October 2,2007 BNN

31
Email info_at_atomicminerals.com Web
www.atomicminerals.com 600-595 Howe Street,
Vancouver, BC Canada Tel 604-639-2866 (ATOM)
Fax 604-662-3904
  • 600-595 Howe Street
  • Vancouver, BC Canada V6C 2T5
  • Tel 604-639-2866 (ATOM)
  • Fax 604-662-3904
  • Contact Chris Brown
  • Email chrisbrown_at_atomicminerals.com
  • Web www.atomicminerals.com
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