Atomic Minerals Corporation Applauds U.S. Energy Secretary’s Call for Expansion of Nuclear Power and Celebrates $35 Billion Georgia Nuclear Reactor Milestone
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For Immediate Release
PRESS RELEASE
August 20, 2024
Symbol: TSX-V: ATOM
Atomic Minerals Corporation Applauds U.S. Energy Secretary’s
Call for Expansion of Nuclear Power and Celebrates $35 Billion
Georgia Nuclear Reactor Milestone
Vancouver, British Columbia, August 20, 2024 – Atomic Minerals Corporation ("ATOMIC
MINERALS" or the "Company") (TSX Venture: ATOM) is pleased to commend U.S. Energy
Secretary Jennifer M. Granholm for her recent advocacy for the expansion of nuclear power in the United
States and globally.
Georgia Power Co., in partnership with three other utilities, recently celebrated the successful
commissioning of two new nuclear reactors at Plant Vogtle in Waynesboro, Georgia. This landmark $35
billion investment not only represents a major advance in the future of clean energy but also underscores
the growing importance of domestic uranium exploration to secure a stable supply for the U.S. nuclear
industry.
"Today, the call for more nuclear reactors goes beyond energy production —it's a call for decisive
climate action and robust economic growth," said Clive Massey, President & CEO of Atomic Minerals.
"We fully support Secretary Granholm’s vision for 98 additional reactors and commend the significant
milestone achieved at Plant Vogtle. This success highlights the critical role of nuclear energy in building
a sustainable, low-carbon future. At Atomic Minerals, we are dedicated to advancing our U.S. uranium
projects, including Harts Point, Dolores Anticline, and 10 Mile, to ensure a reliable domestic supply
and contribute to a cleaner, more resilient energy infrastructure."
Clive Massey continued, "In addition to our U.S. projects, we're also making significant strides in
Northern Saskatchewan, where our exploration efforts are focused on uncovering high-grade uranium
deposits. These projects are crucial for bolstering North America's uranium supply, further
strengthening the region's energy security. By advancing both our U.S. and Canadian initiatives, Atomic
Minerals is playing a pivotal role in supporting the growing demand for clean, reliable nuclear energy,
which is essential for achieving our climate goals and powering a sustainable future."
Plant Vogtle's second new reactor, Unit 4, was officially brought into commercial operation, following
the earlier launch of Unit 3. Together, these reactors will provide carbon-free electricity to approximately
1 million homes and businesses, underscoring nuclear power’s vital role in reducing climate-changing
carbon emissions.
Speaking at Plant Vogtle, Secretary Granholm underscored the urgent need for 98 additional reactors of
similar capacity across the United States to meet the nation's energy needs and dramatically reduce
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greenhouse gas emissions. She also highlighted the substantial progress the DOE has made over the past
two years in implementing this historic legislation, with a strong emphasis on fairness and equity in
addressing the legacy of underinvestment in critical infrastructure.
“It is now time for others to follow their lead to reach our goal of getting to net zero by 2050," Granholm
said. "We have to at least triple our current nuclear capacity in this country.”1
The U.S. Department of Energy (DOE) is actively supporting the nation’s transition to a clean energy
economy, including substantial investments through initiatives such as the Civil Nuclear Credit Program.
This $6 billion program, part of the Bipartisan Infrastructure Law (BIL), aims to preserve the existing
U.S. nuclear reactor fleet and protect thousands of high-paying jobs, all while contributing to the nation’s
energy security and environmental goals.
Atomic Minerals Corporation remains dedicated to exploring and developing uranium and other critical
minerals essential for the next generation of nuclear reactors. The Company looks forward to playing a
key role in supporting the global shift towards cleaner energy solutions.
Uranium is crucial to the North American economy due to its pivotal role in meeting the continent's
energy needs over the next 25 years. As a primary fuel for nuclear power plants, uranium ensures a stable
and reliable source of energy, essential for economic growth and energy security. With increasing
demand for clean and sustainable energy sources, nuclear power, fueled by uranium, offers a low-carbon
solution that can significantly reduce greenhouse gas emissions. This aligns with North America's
commitment to environmental sustainability and climate goals. Furthermore, uranium's strategic
importance is underscored by its ability to provide consistent and large-scale energy production, which
is vital for powering industries, homes, and infrastructure across the region. As the energy landscape
evolves, the significance of uranium in supporting a resilient and diversified energy portfolio cannot be
overstated.
About the Company
Atomic Minerals Corp. is a publicly listed exploration company on the TSX Venture Exchange, trading
under the symbol ATOM, led by a highly skilled management and technical team with a proven track
record in the junior mining sector. Atomic Minerals’ objective is to identify exploration opportunities in
regions that have been previously overlooked but are geologically similar to those with previous uranium
discoveries. These underexplored areas hold immense potential and are in stable geopolitical and
economic environments.
Atomic Minerals’ property portfolio contains uranium projects in three locations within North America,
all of which have significant technical merit and or are known for hosting uranium production in the
past. Three of the properties are located on the Colorado Plateau, an area which has previously produced
597 million pounds of U3O8; Three others are in the prolific Athabasca Basin region and nine uranium
projects are located Northern Saskatchewan, encompassing a total exploration area of 6,495 hectares.
For additional information about the Company and its projects, please visit our website at
www.atomicminerals.ca
1 Sourced: US Energy Secretary calls for more nuclear power while celebrating $35 billion Georgia reactors
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ON BEHALF OF THE BOARD OF DIRECTORS
“Clive Massey”
Clive H. Massey
President & CEO
For further information, please contact:
(604) 341-6870
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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
Forward-Looking Statements:
This news release contains certain statements that may be deemed "forward -looking" statements.
Forward looking statements are statements that are not historical facts and are generally, but not
always, identified by the words "expects", "plans", "anticipates", "believes", "intends", "estimates",
"projects", "potential" and similar expressions, or that events or conditions "will", "would", "may",
"could" or "should" occur. Although Atomic Minerals Corporation believes the expectations expressed
in such forward-looking statements are based on reasonable assumptions, such statements are not
guarantees of future performance and actual results may differ materially from those in forward
looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of
Atomic Minerals Corporation management on the date the statements are made. Except as required
by law, Atomic Minerals Corporation undertakes no obligation to update these forward -looking
statements in the event that management's beliefs, estimates or opinions, or other factors, should
change.
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