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| | December 19, 2007
John Sutherland to Join Board of Directors of Atomic
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| | Atomic Minerals Ltd. (ATL: TSX-V) is pleased to announce that Mr. John J. Sutherland has been appointed as a director of Atomic. Mr. Sutherland is a Certified General Accountant and holds a diploma in Operations Management from the B.C. Institute of Technology. He is currently the Vice President and Chief Financial Officer of Goldgroup Resources Inc., a private gold exploration company. He is also the Corporate Secretary of Uracan Resources Ltd. In addition, he is currently a director of four other public companies: Aquiline Resources Inc.(TSX), Silex Ventures Ltd. and Amicus Capital Corp. (both listed on TSX Venture), and International Absorbents Inc. (AMEX).
Mr. Sutherland has a long and successful history of advising growth companies regarding corporate finance matters. He was Chief Financial Officer of Arequipa Resources leading up to its acquisition by Barrick Gold for $1.1 billion in 1996. He was also a partner in a venture capital company specializing in worldwide marketing ventures and previous to that, Site Manager in building a $110 million gold mine in California. Most recently, he was co-founder, Vice-President and CFO of Tekion, Inc., a private micro fuel cell developer, and was a key partner in its growth from 4 to 75 employees in less than three years while raising US$18 million in capital. Prior to Tekion, he was President and CEO of ASC AVCAN Systems Inc., which he helped build into an international operation.
Warren McIntyre, President and CEO states "the Board is excited about the addition of Mr. Sutherland. His wealth of experience and knowledge of the mining industry and the finance business are a welcome addition and part of a key role in the growth of any junior exploration company. We look forward to his leadership in his role as director."
About Atomic Minerals
Colorado
Atomic Minerals Ltd. holds leases over a total of 932 mining claims located in both Dolores and San Miguel counties in southwestern Colorado, approximately 30 miles from Denison Mine Corp's White Mesa Mill. The Company also holds a letter of intent to option a 90% interest in a further 1585 mining claims in Dolores County. Atomic holds leases over an additional 272 mining claims located in the northern part of Colorado in Grand County.
Tanzania
Atomic also has letter of intent with Geo Can Resources Company Ltd. ("Geo Can") to enter into an option agreement to earn the right to acquire up to a 100% interest in a land package totalling approximately 3600 square kilometres located in the United Republic of Tanzania (the "Property"). The Property is located in south-western Tanzania and is 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 south-west 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).
For further information on Atomic, please contact Warren McIntyre, the Company's Chief Executive Officer at (604) 639-2866.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this news release. |
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