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Atomic Minerals Corp (3)
Symbol ATOM
Shares Issued 87,393,302
Close 2026-04-21 C$ 0.045
Market Cap C$ 3,932,699
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Atomic to begin exploration at Mont-Laurier in Q2

2026-04-21 17:57 ET - News Release

Mr. Clive Massey reports

ATOMIC MINERALS PLANS EXPLORATION AT MONT-LAURIER URANIUM PROJECT

Atomic Minerals Corp. is actively reviewing the exploration data to develop an exploration program for its 2,353-hectare Mont-Laurier uranium project in the Quebec municipalities of Lac Saint-Paul, Mont-Saint-Michel and Lac-Douaire. The company plans to put boots on the ground in Q2 2026, once the snow cover is gone, to prospect in advance of geophysical surveys to establish drill targets.

"Mont-Laurier is another strong exploration stage uranium project in our portfolio," stated Atomic president and chief executive officer Clive Massey. "Once we complete the initial on-site evaluation, our technical team will review the prospecting data and devise a follow-up geophysical program to maximize our ability to rapidly identify drill targets to begin the permitting process," he concluded.

About the Mont-Laurier property

The road-accessible Mont-Laurier uranium property totals 2,353 hectares and is located approximately 40 kilometres northeast of the town of Mont-Laurier in the Laurentides region of Quebec. The Mont-Laurier project lies within the Cabonga-Mont-Laurier radioactive district of the Grenville geological province. Exploration activity in the district was sparked by the discovery of uranium mineralization by Canadian Johns-Manville in 1967, with subsequent exploration outlining several gently dipping stratiform zones of low-grade uranium mineralization and numerous isolated showings within both metasediments and metamorphic pegmatites. The uraniferous horizons occur at the base of a metamorphosed sedimentary sequence of proterozoic age. Several notable zones with estimated tonnages (pre-National Instrument 43-101) have been outlined:

Allied Mining:

  • Zone 1 (8.37 million tonnes at 0.021 per cent U3O8 (triuranium octoxide));
  • Zone 2 (2.61 million tonnes at 0.019 per cent U3O8);
  • Zone 3 (2.34 million tonnes at 0.014 per cent U3O8).

Canadian Johns-Manville:

  • Meekos (520,000 tonnes at 0.054 per cent U3O8).

Mont-Laurier uranium mines:

  • Tom Dick (2.50 million tonnes at 0.040 per cent U3O8);
  • Tom Dick Nord (300,000 tonnes at 0.027 per cent U3O8).

Atomic Minerals cautions investors the presence of uranium mineralization on each of those zones is not necessarily indicative of similar mineralization on its Mont-Laurier project.

All of the historic estimates are relevant as they attest to the potential of the Mont-Laurier area and are assumed to be reliable as they were completed to the standards of the day. All of the above historic estimates would be considered inferred resource under National Instrument 43-101. In all cases, verification of the historic drilling by twinning a series of holes would be require to verify each of the historic resource estimates. A qualified person has not done sufficient work to classify these historic resources as current mineral resources and Atomic Minerals is not treating these historic estimates as current mineral resources.

R. Tim Henneberry, PGeo (British Columbia), an adviser to the company, is the qualified person as defined under NI 43-101. Mr. Henneberry has reviewed and approved the technical information in this news release.

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's 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.

The company's property portfolio includes assets with significant technical merit in three proven uranium districts. Atomic holds the Lisbon Valley, Harts Point, 10 Mile and Dolores projects on the prolific Colorado Plateau, southwestern United States, with historic production of 597 million pounds of U3O8. The company holds the Mozzie Lake project, with its historic resource, in the prolific Athabasca region of Saskatchewan, Canada, and holds the Mont Laurier property in Otish Mountain district of Quebec, Canada.

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