Atomic Minerals is a Vancouver based publicly listed exploration company trading on the TSX Venture Exchange. The company is led by a highly skilled management and technical team with numerous previous successes in the junior mining sector.
SUMMARY
Lloyd Lake
Project Overview
The 6,168 Ha Lloyd Lake Project lies south of the western Athabasca Basin approximately 90 km SE of Fission Uranium’s Patterson Lake project. The Lloyd Lake Project has a significant dataset and was extensively explored by the Western Athabasca Syndicate as part of the Preston Property in 2013. Work by the syndicate involved airborne EM-magnetic and radiometric surveys followed by preliminary prospecting of areas identified in historical assessment reports. This was followed by systematic lake-bottom sediment sampling and lake-bottom water sampling for radon gas analysis, radon gas being a decay product of uranium. Ground exploration included broad soil, biogeochemical and radon-in-soil surveys, generally at 100 m to 200 m sample spacing and 200 m-400 m line spacing. Groundwork was tailored to cover anomalous airborne geophysical features and lake geochemical anomalies derived from phase 2 work. Throughout phases 2 and 3 prospecting and mapping traverses were undertaken as follow-up to airborne radiometric anomalies, and to further ground-truth the airborne responses for the purposes of generating a baseline geological map of the property. The project was also investigated by a versatile time-domain electromagnetic (VTEM plus) and aeromagnetic survey completed by Geotech Ltd., and an airborne radiometric-VLF-EM and magnetic survey completed by Goldak Airborne Surveys.
Gravity Jack
Property Overview
Gravity jack is a road-accessible copper-iron skarn project located 18 kilometres northeast of Boston Bar, BC. The property is underlain by the Mount Lytton Complex, The Property is underlain by calcareous sedimentary rocks and granodiorites and diorites of the Mount Lytton Complex. The skarn mineralization is developed in calcareous units in contact with the intrusive rocks.
Historic Work
Historic grab sampling has returned highlight values of 1% copper and 63% iron. Recent exploration has focussed on the skarns and included ground magnetics, 3D IP, rock, soil and silt sampling. Four targets consisting of semi-massive to massive magnetite or skarn were identified in the recent work.
Highlight values of 2% copper and 61% iron across 12.9 metres, along with local silver highlight values of 68.57 g/t were obtained from showings consisting of massive magnetite, pyrite, pyrrhotite, chalcopyrite and hematite. The largest magnetite skarn is described as 3.66 metres wide by 182.88 metres long.