Mr. Clive Massey reports

ATOMIC MINERALS CORP. CLARIFIES THE PROPOSED DRILLING SCHEDULE FOR THE BLEASDELL LAKE URANIUM PROJECT

Atomic Minerals Corp. has clarified the exploration schedule for the Bleasdell Lake project in the previous news release dated Nov. 13, 2024, disseminated earlier today. Permits are currently in process and expected to be finalized shortly, with the company's main objective being to mobilize on the property and commence drilling in December as quickly as possible. The company regrets any confusion that may have been created by the previous inaccurate news release.

The Bleasdell Lake project is located approximately 95 kilometres southwest of Lynn Lake, Man. Atomic is advancing toward obtaining a multiyear permit for ground-based geophysics and up to 4,000 metres of diamond drilling. The exploration program will focus on three newly identified uranium target zones in addition to the historically drilled Horn and Jackpine zones. These areas are known for uranium-bearing pegmatite dikes. Historic trenching returned 91 m averaging 0.12 per cent triuranium octoxide over 2.56 m and 33.5 m averaging 0.62 per cent U3O8 over 1.21 m. Drilling beneath the trenching identified a 1957 historic resource of 620,700 pounds of U3O8, identified within the Horn and Jackpine zones.

This historic estimate was originally reported in a shareholder report for Columbia Metals Exploration Co. Ltd. dated Nov. 9, 1957. The estimate, which was calculated using the standards of the time, is based on data from closely spaced shallow drill holes and more widely spaced deeper drill holes. While the historic resource is considered relevant to the potential of the Bleasdell Lake property, there is no technical report, and the calculations, methods and assumptions used were not disclosed in the shareholder report. Consequently, a qualified person has not completed sufficient work to classify the historical estimate as a current mineral resource.

The company acknowledges that, to upgrade or verify the historical estimate as a current mineral resource, significant twinning of the historic drill holes will be necessary. As such, Atomic is not treating the historical estimate as a current mineral resource at this time.

Technical information

The exploration and drilling results referenced in this release are based on historical data, which Atomic is utilizing as a foundation for its current and future exploration strategies. The company has not independently verified the sampling or analysis of this historical data. Planned exploration and drilling at Bleasdell Lake are expected to validate these historical findings and enhance Atomic's understanding of the uranium potential at the site.

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.

About Atomic Minerals Corp.

Atomic 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.

Atomic's 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 that has previously produced 597 million pounds of U3O8. Six properties, comprising nine claims totalling 6,498 hectares, are located in Northern Saskatchewan: five within or proximal to the prolific Athabasca basin and a sixth that hosts a historic resource.

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