# Atomic Initiates Lisbon Valley East Drill Permitting

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/atomic-initiates-lisbon-valley-east-drill-permitting--0dd365b2-04b2-4041-9e0d-715b9a616e09

Original source: https://money.tmx.com/en/quote/ATOM/news/8900531042655089/atomic-initiates-lisbon-valley-east-drill-permitting

Publisher: tmx

Original announcement: 2026-03-03T13:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Atomic Minerals Corporation

- Ticker: ATOM

- Exchange: TSX

- Region: Utah

- Primary commodity: Uranium

- Secondary commodities: Vanadium

- Document categories: Drill results, Permitting, Other

- Extracted: 2026-09-17 11:08:34 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Atomic Minerals Corporation has submitted drill permits for its South Lisbon Valley East \(SLVE\) property in Utah. The planned program involves 18-20 drill holes to test for uranium mineralization within a suspected 20km arcuate belt identified via historical gamma ray anomalies.

Reasoning: The company is advancing its South Lisbon Valley East property by submitting drill permits to test for uranium mineralization in a geologically prospective area.

- Positive factor: Initiation of permitting for a new drilling program

- Positive factor: Strong geological context based on historic production and gamma ray anomalies

- Positive factor: Targeting a suspected 20km arcuate belt

- Negative factor: Reliance on historical oil and gas data that has not been independently verified by the company

Facts used in scoring: 1

## Classification and evidence

**Nearology Play**

Polarity: neutral

Story-specific tag

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The project targets mineralization analogous to the previously producing uranium belt on the SW side of the Lisbon Valley Fault.

Evidence · text

> analogous to the previously producing uranium belt on the SW side of the Lisbon Valley Fault

**QA/QC Disclosed**

Polarity: positive

Story-specific tag

Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\).

Why it applies: The release includes a sign-off by a Qualified Person \(QP\) under NI 43-101.

Evidence · text

> R. Tim Henneberry, PGeo \(BC\) and an advisor to Atomic, and a Qualified Person under National Instrument 43-101 has reviewed and approved the technical content

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Drill Results (1)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/atomic-initiates-lisbon-valley-east-drill-permitting--0dd365b2-04b2-4041-9e0d-715b9a616e09#fact-drill-facts-0)

uranium

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- Commodity: uranium
- Region: usa\_ut
- Reported Region: usa\_ut
- Ticker: ATOM

#### Geometry

- Intercept: 120 m
- From: 760 m
- To: 880 m
- Intercept Depth: 760 m

#### Classification

- Sample Type: drill

#### Location

- Location: South Lisbon Valley East
- Loc. Source: document

#### QA/QC

- QP Signed: Yes

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: Yes

#### Dates

- Event date: 2026-03-03T00:00:00.000Z

Reasoning: Historical radioactivity reported in oil/gas holes provides a target but lacks current company verification.

- Positive factor: Significant gamma ray spikes recorded in historic holes

- Negative factor: Historical data not independently verified

Evidence · text

> recorded within the favorable Chinle Formation host rock over widths of 1.8 to 4.5 m \(6 to 15 feet\) from depths of 760 to 880 m

#### Tags used in scoring

**No QA/QC Disclosure**

Polarity: negative

Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc\_disclosed is not true

**Cut-off Undisclosed**

Polarity: negative

Definition: High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff\_grade was stated

**Stale Data Re-release**

Polarity: negative

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.