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Atomic Minerals Corp. Completes Airborne Magnetic Survey at Lloyd Lake

VANCOUVER, BC / ACCESSWIRE / September 15, 2022 / Atomic Minerals Corporation (" ATOMIC MI...

articleAtomic Minerals CorporationSeptember 15, 20224/company/atomic-minerals-corp/news/atomic-minerals-corp-completes-airborne-magnetic-survey-at-lloyd-lake
Atomic Minerals Corp. Completes Airborne Magnetic Survey at Lloyd Lake

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[{"type":"text","content":"Atomic Minerals Corp. Completes Airborne Magnetic Survey at Lloyd LakeVANCOUVER, BC / ACCESSWIRE / September 15, 2022 / Atomic Minerals Corporation (\"ATOMIC MINERALS\" or the \"Company\") (TSXV:ATOM) is pleased to report the completion of the KBM Resources Group (\"KBM\") high-resolution Airborne Magnetic Survey (\"Airborne Survey\") completed at its 6,556 Ha Lloyd Lake uranium project (\"Lloyd Lake Project\"), located in the prolific Athabasca Basin, near the village of La Loche, Saskatchewan, Canada.Clive Massey Atomic Minerals CEO and President commented \"We are pleased with the results from the 2022 airborne survey over Lloyd Lake. Integration of this magnetic data with the historic data sets has assisted in defining drill targets within the conductors for an initial drilling program.\"KBM flew a total of 798 fixed wing line km of high-resolution airborne magnetics at 100 m line spacings over the Lloyd Lake Project. A distinct, consistent northeast-southwest trending magnetic high that becomes more fragmented to the southwest was highlighted on the eastern side of the claim block and appears to be surrounded on the eastern, western, and southern edges by a consistent magnetic low, suggesting a possible southwest plunging fold. See Figure 1.Figure 1. Lloyd Lake 2022 Total Magnetic Field Intensity with Lineaments.https://www.atomicminerals.ca/images/gallery/ATOM_News_19.jpgEarlier, wider spaced airborne magnetics and VTEM surveys and lake sediment and radon gas surveys were integrated with the 2022 airborne magnetic survey. Northeast-southwest linear conductors with associated radon-in-water and/or uranium lake sediment values have been identified as Lloyd Lake exploration targets for uranium.About the Lloyd Lake ProjectThe Lloyd Lake Project lies immediately south of the western Athabasca basin approximately 90 km SE of Fission Uranium's Patterson Lake project. Lloyd Lake was extensively explored by Western Athabasca Syndicate in 2013 as part of the Preston property, generating a significant dataset, which includes: airborne EM-magnetic and radiometric surveys, follow-up prospecting, systematic lake-bottom sediment sampling and lake-bottom water sampling for radon gas analysis, and broad soil, biogeochemical and radon-in-soil surveys, generally at 100 m to 200 m sample spacing and 200 m to 400 m line spacing. Radon gas is a...

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