Atomic Minerals Corporation announced that it has received drilling permits for the Harts Point Uranium Property in San Juan County, southeast Utah. The Bureau of Land Management has approved up to 20 drill pads to test the extent of uranium mineralization across the Property. Atomic Minerals executed a definitive agreement with Kraken Energy Corp.

on May 23, 2023 allowing Kraken the option to acquire up to a 75% interest in Harts Point. Kraken, as the operator, has secured Major Drilling Group International Inc. of Salt Lake City, Utah for the upcoming drill program at Harts Point, which is expected to begin in early July. Phase I of the drill program includes an initial 2,000 meters (m) of drilling to twin the three historical holes which span 4.5 kilometers ("km") of strike and returned off-scale radioactivity from downhole probe readings.

Harts Point Property Highlights: World class uranium district: 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 427 m (100 to 1,400 feet) wide. Significant Historic Uranium Production: Several historic mines located 11 km (7 miles) west of the Harts Point Property produced approximately 280,000 lbs U3O8 at0.3% U3O8 from the favorable Chinle Formation host rock. The Lisbon Valley Anticline located 31 km (19 miles) to the east of the Harts Point Property produce approximately 80M lbs U3o8 0.34% U3O82.