Colorado Gold Panning Sites

Atomic simulations of Uranium in Colorado, wishes to acquire Tanzania

Needless to say that governments around the world are trying to expand its use of nuclear weapons in coming years due to the potentially catastrophic effects of climate change and the focus placed on reducing dioxide emissions international carbon emissions of greenhouse gases. More than 130 new nuclear plants under construction worldwide and the World Nuclear Association forecasts that the demand for uranium will grow between 25% and 50% annually over the next 13 years.

Uranium ore prices began to rise this month, rape of U.S. $ 90/lb. After falling and settled throughout the 80/lb U.S. $. after rising the level of U.S. $ 138/lb. in June this year from lows of about U.S. $ 7/lb. that lasted decades and led to the closure of mines and the reduction of exploration programs. Recently, has been marked fixed points and the volatility of oil prices and gold have attracted the attention of energy and mineral resources of investors and the media.

Energy and uranium market fundamentals have not changed, however. The baseline outlook for the U.S. Energy Information the International Energy Association 2007 is based on worldwide demand for electricity is increasing by 2.4% per year from 16.424 billion a kilowatt-hour 2004-303364 in 2030, most nations that countries outside the OECD. Along with more resources devoted to mitigating climate change and the significant reducing greenhouse emissions, such as Junior uranium explorers Vancouver Atomic Minerals Ltd. (TSX.V: ATL) are raising capital and preparing to meet the ambitious acquisition and development plans.

From the southwest of Colorado …
Subscribe to the TSX Venture Exchange in June, Atomic Minerals has 932 claims for 19 250 hectares and has signed a letter of intent to purchase an additional 1 585 hectares in what is considered a privileged area for the prospects untapped uranium ore: the Dolores anticline, a large asymmetry in the southwestern Northwest Colorado, both Dolores and San Miguel.

Located in the Belt basin Uravan mineral Paradox and about 30 miles southeast of Lisbon Valley, Utah, this area in the Four Corners region has witnessed a boom in uranium decade 1950 after an initial discovery of "uranium" Charles A. King Steen has led to the development of a number of mines. Together they produced in more than 80% of uranium mined in Utah in excess of 103 million pounds.

Management believes Atomic Dolores anticline last salt water in the U.S. south-west with excellent Prospects for uranium ore. 43-101 A recent report has confirmed that the recovery zone, which is about 30 miles from Denison White Mesa Mill Corp., has the potential to host a uranium deposit and Atomic has launched plans for an exploration drilling program $ 2,000,000 in exploration phase and define the resource potential.

The Salt Wash Member of Morrison Formation of Jurassic Age and member of foam back panel of the Upper Triassic Chinle and near the Uravan Mineral Belt in San Miguel, Montrose and Dolores Counties, Colorado produced economically important uranium ore. The drilling programs in the Dolores Anticline led by Hunt Oil and Newmont in the 1970s, said that the uranium ore in the Moss Back Member of the Chinle Formation is present in the region.

Atomic November 15 announced that drilling had begun on the first transect of 30 000 feet under the summit and an end point of exploration projects Canyon County of San Miguel.
"Our initial drill Summit Points seek the mineralized zone of the Moss Back Member States of the Chinle Formation. In After the hole, we will work on the flank of the anticline with the next eight holes. Our drilling rig is operating 24 hours a day, and this first hole of a maximum of 2,100 feet should be completed by Friday morning. "

In addition, the Dolores Anticline was drilled by both Hunt Oil and Newmont in 1970. Report this drilling spacing that the vast favorable Moss Back Member of Chinle Formation is present in the region.

Atomic also owns 119 applications covering 2460 acres known as upset Creek Property where an estimated resource potential of up tons 6-7000000 a law 0.08 1.14% U308 offers the possibility of treating in situ leaching of uranium chains. similar potential and the mining of uranium deposit mismatch type, there is little Wolford property, where atomic submitted an application to lease 640 acres of state. In addition to the holdings of Colorado Atomic Beaver Creek property consists of 27 claims covering 540 acres adjacent to a Newmont exploration project has been reported that the grades from 0.35 to 1.33% U308.

… South-west Tanzania
Atomic also cast its net widely. He signed a letter of intent with Geo Tanzania resources can an option to acquire 100% interest on a parcel of land totaling approximately 1.3 million acres located in the United Republic Tanzania.

The letter of intent for the licensing option includes seventeen parcels of land with known occurrences of uranium in the south-western Tanzania, and three "key" parcels in the basin Ruhuhu, part of the extension of Malawi, in Malawi, where 60 km Perth-Paladin Resources Ltd. (TSX: PDN) is developing its uranium ore project Kayelekera.

Atomic Resources in accordance with Geo, on the shores of Lake Nyasa, also known as Lake Malawi, extending into South Africa's system Karoo Basin, a region known to contain large deposits sandstone hosted roll front uranium deposits of the same type found in the Colorado Plateau and the world-class Mi Vida mine near Moab, Utah that are extracted by methods ISL.

Current estimates for the project Paladin Kayelekera in Malawi's northern neighbor has measured and indicated resources of 14,000 tonnes and 2,000 tonnes inferred U308 additional. Paladin completed a feasibility study for Kayelekra earlier this year, met with the regulator Environment and invests $ 185 million for develop a mine site. Production should begin by late 2008 and extending up to 1270 tons per year.

Western Metals Australia (ASX: WMT) reported October 22 that the polls and trenches during Mtonya project is the discovery of uranium mineralization of high quality in a 7 km trend including 1.2 meters in 7723 and U308 ppm m from 0.8 to 1.035 ppm in perspective of his grandfather. Western Metals plans to invest 3.5 billion in the exploration of a million in Tanzania over the next 15 months.

Uranium mining, business and the environment
Tanzania has set a goal for the mining sector to move from current 2% 10% of GDP in 2025, the Deputy Minister of Mines and Minerals William Gereja agency reported. uranium ore gold and diamonds can join one of the world mineral exports higher if additional exploration and resource definition work and pans are provided. Tanzania is the largest gold producer in Africa in the third place, behind South Africa and Ghana.

"This is good news," he told a reporter from Voice of America Gereja Board of Kenya in late July. "Uranium is used for many industrial applications in the world, and we expect that uranium in our country, Tanzania, which would benefit a lot. We hope to increase revenues uranium mining. "

The safety and environmental health and safety are always questions when it comes to uranium.
"We have taken all the necessary studies the environment and the Arc of BLM in Colorado. In Tanzania, we are in the midst of doing the equivalent of those requirements. The most important thing to note in Tanzania is not only the land but also the many jobs they create, "Atomic Minerals," said Chris Brown Resourcex investors.

Tanzania and other African countries, was a preferred transit point for traffickers. In 2005, Tanzanian customs officials discovered a large shipment of uranium from Kinshasa to the Iranian port of Bandar Abbas. Four Tanzanians, including a government economist, have been arrested in Tanzania in 2002 after 110 kg of uranium in plastic containers were found and confiscated.

The Tanzanian government is working to curb smuggling and corruption. The Deputy Minister of Mines and Minerals, said that the laws and securities have been taken where uranium is mined and produced to avoid falling into the wrong hands.

With regard to foreign children doing business in Tanzania, "The Law of Mining Act 1998 for a clear exploration and mining regime that guarantees against nationalization and expropriation of a tax system equitable, predictable. Chubb Group A 2006 World Risk Survey in Tanzania had the lowest risk investment from 10 countries, "according to Western Metals.

This article is for informational purposes only and is not a recommendation to buy or sell shares of any company mentioned in this document. It based on sources deemed reliable, but does not guarantee the accuracy, express or implied. The opinions expressed in this article are those of the author, unless the statements attributed to individuals other than the author, in this case the opinions are those of the person to whom they are assigned.

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