SRK Consulting completes preliminary reconnaissance of portions of Atomic's Mbin
posted on Sep 16, 2008 06:07AM
Edit this title from the Fast Facts Section
SRK Consulting completes preliminary reconnaissance of portions of Atomic's Mbinga project area in Tanzania
VANCOUVER, Sep. 16, 2008 (Canada NewsWire via COMTEX News Network) --
Atomic Minerals Ltd. (ATL: TSX-V) is pleased to announce the completion of a preliminary reconnaissance of portions of PLR 4335, located in the Mbinga District of south-western Tanzania, which was undertaken by SRK Consulting - East Africa ("SRK-EA").
A country-wide radiometric survey flown in the mid-1970's identified the occurrence of several radioactive anomalies in the Mbinga area. In addition, the reconnaissance exploration completed by Uranerzbergbau GmbH between 1979 and 1982 determined that the area was prospective for uranium. A ground radiometric survey undertaken by Geo Can Resources Company Ltd ("Geo Can") in 2007, identified three radiometric anomalies, on which a total of 8 trenches were excavated, logged, radiometrically profiled and channel sampled. A single soil sample from a trench analysed by the International Plasma Laboratory Limited (IPLL), of Richmond, British Columbia, Canada, reported 349ppm Th, 33% Fe and 14.9% Ti (ICPM analysis in soil). Follow-up whole rock and ICPM analysis of the same soil sample reported 46.36% Fe2O3 and 31.27% TiO2. Readers should note that this data IS NOT compliant with the standards set out by the CIM or with National Instrument 43-101, and should be viewed as historical in nature.
SRK-EA was contracted by Atomic to evaluate the anomalous areas of PLR 4335 identified by Geo Can, initially in order to obtain insight of the geological setting of the area and to investigate the heavy mineral sand and radioactive mineral potential of both the Kihanga Bay and Hinga Bay areas, situated in the north-western portion of PLR 4335, proximal to the shoreline of Lake Nyasa. A total of 22 pits were excavated in the Kihanga Bay area, adjacent to the four initial prospect trenches excavated by Geo Can, and an additional 5 pits were excavated in the Hinga Bay area. All the pits were geologically logged and channel sampled, with 20kg samples being taken per lithological horizon. In addition, scintillometer and Niton XRF measurements were taken.
Anomalous thorium results were recorded in the prospecting pits excavated in the Kihanga Bay area, on radiometric highs identified by previous airborne and ground radiometric surveys.
SRK-EA is presently preparing a representative suite of samples which will be forwarded for laboratory investigation, to corroborate the thorium measurements obtained to date, and to determine the mineralogical assemblage(s) in which the thorium occurs. A detailed report will be compiled once the results of the laboratory test work have been received.
Mr. Peter Chadwick, M.Sc., P.Geo., Pr.Sci.Nat., is the Vice-President of Exploration (Africa) for Atomic Minerals Ltd., and is the Qualified Person (as defined by National Instrument 43-101) responsible for the accuracy of the technical information contained in this news release.
About Atomic Minerals
Atomic holds an option to earn up to a 100% interest in a land package totalling approximately 3800 square kilometres located in the United Republic of Tanzania (the "Properties") from Geo Can. The largest of the Properties are located in south-western Tanzania and are considered to be part of the "Malawi Extension" based on the location of the Property relative to blocks earmarked as potentially favourable for uranium enrichment. The Malawi Extension, located in the Republic of Malawi on southwest border of Tanzania, hosts the Kayelekera deposit which Paladin Resources is currently developing into a mine. Other mining companies exploring in the area include Mantra Resources and Western Metals (both in Tanzania).
On behalf of the Board of Directors of Atomic Minerals Ltd.
President and Chief Executive Officer Atomic Minerals Ltd.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this news release.
SOURCE: Atomic Minerals Ltd.
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