---
title: "Atomic Minerals Seeks Drill Permits at Utah’s Lisbon Valley East Uranium Prospect"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/277661629.md"
description: "Atomic Minerals Corporation (TSE:ATOM) has applied for drill permits for its 1,516.5-acre South Lisbon Valley East property in Utah, targeting uranium mineralization in the Triassic Chinle formation. The initial program includes 18 to 20 drill holes to test for uranium and define the target belt indicated by historic gamma ray anomalies. The Lisbon Valley area is part of the Colorado Plateau, historically a significant uranium producer. Atomic's project aims to enhance its resource prospects in U.S. uranium exploration."
datetime: "2026-03-03T17:39:48.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/277661629.md)
  - [en](https://longbridge.com/en/news/277661629.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/277661629.md)
---

# Atomic Minerals Seeks Drill Permits at Utah’s Lisbon Valley East Uranium Prospect

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Atomic Minerals Corporation ( (TSE:ATOM) ) just unveiled an update.

Atomic Minerals Corporation has submitted drill permit applications for its 1,516.5‑acre South Lisbon Valley East property in Utah, targeting a suspected belt of uranium mineralization in the Moss Back member of the Triassic Chinle formation on the northeast side of the Lisbon Valley anticline. The company plans an initial program of 18 to 20 drill holes arranged in four to five fences across the property, largely using existing oil and gas access routes, to test for uranium and define the full width of the arcuate target belt indicated by historic gamma ray anomalies.

The Lisbon Valley area is part of the broader Colorado Plateau, one of the world’s largest uranium provinces, and has historically produced about 78 million pounds of U3O8 from similar Chinle-hosted deposits on the southwest flank of the anticline. Atomic’s project sits at the southern end of a 20‑kilometre by more than 750‑metre trend where past oil and gas drilling recorded off‑scale radioactivity, suggesting the potential for a new northeastern arcuate uranium belt that could enhance the company’s resource prospects and strategic position in U.S. uranium exploration.

**More about Atomic Minerals Corporation**

Atomic Minerals Corporation is a Vancouver-based exploration company focused on uranium projects, with a key emphasis on targets in the Colorado Plateau region of the United States. The company’s portfolio includes the South Lisbon Valley East property in Utah, where it is pursuing sandstone-hosted uranium mineralization in historically productive geological formations.

**Average Trading Volume:** 437,475

**Technical Sentiment Signal:** Buy

**Current Market Cap:** C$9.18M

For a thorough assessment of ATOM stock, go to TipRanks’ Stock Analysis page.

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