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Atomic Minerals Initiates Phase 1 Drilling at Harts Point Uranium Project, Utah
VANCOUVER, BC / ACCESSWIRE / July 18, 2023 / Atomic Minerals Corporation (" ATOMIC MINERALS " ...
About this update from Atomic Minerals Corporation
[{"type":"text","content":"Atomic Minerals Initiates Phase 1 Drilling at Harts Point Uranium Project, UtahVANCOUVER, BC / ACCESSWIRE / July 18, 2023 / Atomic Minerals Corporation (\"ATOMIC MINERALS\" or the \"Company\") (TSXV:ATOM) is pleased to announce the commencement of Phase 1 drilling at the Harts Point Uranium Project (\"Harts Point\" or the \"Property\") in San Juan County, southeast Utah.Harts Point is fully permitted for 20 drill pad locations; the initial holes will focus on a 5 kilometer strike length where historic oil and gas holes recorded \"off-scale\" radioactivity at the base of the uraniferous Chinle Formation. Favourable results will lead to the next series of holes which will evaluate the Chinle trend along strike to determine its full extent.\"We are thrilled to announce the commencement of drilling operations at Harts Point, a significant milestone in our exploration journey. With our JV partner, Kraken Energy, by our side, we are confident in the success of this endeavor. The target rich Chinle Formation and the exceptional historical radioactivity results have fueled our excitement. We are fully committed to unlocking the mineral potential of this area and look forward to uncovering valuable insights through this drilling campaign.\" commented Clive Massey, President & CEO of Atomic Minerals.\"With two additional wholely owned projects in similar geological settings, 10 Mile in Utah and Delores in neighbouring Colorado we eagerly await the commencement of the Harts Point drill program as we endeavor to build Atomic Minerals into a significant player in the uranium space.\" he continued.Harts Point Property Highlights:World class uranium jurisdiction: located in the center of the Colorado Plateau, which has produced over 328 million (\"M\") pounds (\"lbs.\") U3O8 at 0.2 to 0.4% U3O8 since the 1950s1.Property consists of 324 lode mining claims on Bureau of Land Management (\"BLM\") ground that covers an area of 2,622 hectares (\"ha\") (6,480 acres).Harts Point Anticline is Analogous to the Lisbon Valley Anticline: where the Lisbon Valley Uranium District hosted 17 large uranium mines which produced approximately 80M lbs U3O8 at 0.34% U3O8 from 1948 to 19882.The dimensions of these tabular sandstone-hosted uranium deposits range from 2 to 13 meters (\"m\") (7 to 43 feet) thick, 100 to 3,048 m (328 to 10,000 feet) long, and 31 to ...