Atomic Minerals Signs Contract for Airborne Gradient Magnetometer Survey at Mozzie Lake Uranium Project — Major Exploration Milestone Announced

Atomic Minerals Signs Contract for Airborne Gradient Magnetometer Survey at Mozzie Lake Uranium Project — Major Exploration Milestone Announced

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Atomic Minerals Signs Contract for Airborne Gradient Magnetometer Survey at Mozzie Lake Uranium Project

Vancouver, British Columbia – February 10, 2026 — In a significant step forward for uranium exploration, Atomic Minerals Corporation (TSXV: ATOM) has officially signed a key contract to begin an airborne gradient magnetometer survey at its expansive Mozzie Lake uranium project in northern Saskatchewan. This news confirms the company’s commitment to unlocking the geological potential of one of Canada’s most promising underexplored uranium districts, and sets the stage for an intensive exploration season in 2026.

Overview of the Agreement and Contract Signing

Atomic Minerals has executed a formal agreement with Axiom Exploration Group Ltd., a renowned geological and geophysical consulting provider based in Saskatoon. This contract authorizes Axiom to carry out a large-scale helicopter-borne gradient magnetometer survey across the Mozzie Lake property. The objective of this survey is to precisely map geophysical responses that could indicate the presence and orientation of uranium-hosting structures beneath the surface.

The survey has been planned at a total of 2,963 line kilometres — a substantial effort reflecting both the size of the property and the company’s exploratory ambition. Line spacing will be at 100 metres, which represents a detailed and systematic coverage pattern that aligns with leading geophysical industry standards.

What is an Airborne Gradient Magnetometer Survey?

An airborne gradient magnetometer survey is a geophysical method used to measure variations in Earth’s magnetic field caused by differences in the magnetic properties of underlying rocks. These variations — known as magnetic anomalies — help geoscientists identify key geological features such as faults, intrusive bodies, and other structures that may host mineral deposits. While the technique itself has been an industry standard for decades, modern enhancements like differential GPS positioning and advanced data inversion make it a powerful tool in mineral exploration campaigns.

In this case, the gradient survey will allow the exploration team to:

  • Map geological structures that might host uranium mineralization.
  • Trace rock units along strike to understand their continuity and extent.
  • Highlight previously unknown targets for future drilling and surface exploration.
  • Produce actionable geophysical models to guide follow-up fieldwork.

Survey Implementation — Axiom Exploration’s Role

Axiom Exploration Group Ltd. will coordinate and execute the geophysical survey from start to finish. The company has extensive experience planning and flying airborne geophysical programs (including magnetic, gravity, and electromagnetic surveys) across Canada, making them a fitting partner for this project phase. Once the airborne data is collected, Axiom will perform a 3D inversion of the magnetic dataset. This process transforms raw measurements into three-dimensional geological models, enabling Atomic Minerals’ technical team to visualize sub-surface features with higher confidence.

CEO’s Commentary on Exploration Strategy

Clive H. Massey, President and CEO of Atomic Minerals, commented on the company’s 2026 exploration kickoff:

“We are pleased to kick off our 2026 exploration season with airborne magnetics at Mozzie Lake. The objective of the survey is to identify the structures and units hosting the uranium and then trace them along strike and also look for repeats within the plus 26,000 hectare property. Follow-up ground truthing and prospecting is also fully-funded and will commence as soon as conditions permit.”

This statement illustrates the company’s long-term vision to not only collect geophysical data but also to pursue further ground-based exploration as soon as weather and field conditions allow. Follow-up work is fully funded, indicating that adequate capital has been allocated to ensure the continuation of the exploration program beyond the air survey.

Geological Context of the Mozzie Lake Uranium Project

The Mozzie Lake property is situated within the Pinkham Lake zone of the Charlebois-Higgingson Lake uranium district, just northeast of the prolific Athabasca Basin — widely regarded as the world’s premier uranium-producing region. This area has drawn global attention due to its high-grade uranium deposits, which have historically supported major industrial mining operations.

While the Mozzie Lake project covers over 26,000 hectares, it remains less developed compared to other properties in the basin. Historical exploration programs were conducted during the 1960s, including two diamond drilling campaigns in 1967 and 1968. These early efforts led to a historical estimate of approximately 208,300 tons of pegmatite-hosted material grading about 0.118% triuranium octoxide (U3O8), equivalent to around 491,588 pounds of U3O8.

It’s important to note that this historic estimate was calculated using the geological and technical methods available at that time and should not be treated as a current mineral resource under modern disclosure standards. Atomic Minerals has cautioned that additional drilling — including twin holes of historical drill sites — would be necessary to validate and convert these estimates into a resource category recognized by current reporting standards.

Scientific and Technical Disclosure

The technical information disclosed by the company in the press release was reviewed and approved by R. Tim Henneberry, PGeo (British Columbia), who serves as a Qualified Person under National Instrument 43-101 (the Canadian standard for mineral project reporting). This designation reinforces that the scientific content of the announcement meets industry requirements for technical accuracy and reliability.

About Atomic Minerals Corporation

Atomic Minerals Corporation is a publicly traded exploration company listed on the TSX Venture Exchange under the symbol ATOM. The company focuses on identifying high-potential uranium exploration opportunities in geologically promising yet underexplored regions. With a leadership and technical team experienced in junior mining markets, Atomic Minerals aims to uncover assets with significant value potential while adhering to responsible exploration practices.

In addition to the Mozzie Lake property, the company’s portfolio includes several projects across North America, including:

  • The Colorado Plateau Projects (Lisbon Valley, Harts Point, 10 Mile, and Dolores) in the southwestern United States — an area recognized for historical uranium production.
  • The Mount Laurier property in the Otish Mountain District of Quebec, Canada — another region with geological promise.

What Comes Next?

Once the airborne gradient magnetometer survey is complete, the company expects data interpretation to significantly refine exploration targets. With high-resolution 3D models in hand, the next phases likely include:

  • Ground truthing: Field visits to validate airborne anomalies.
  • Prospecting and sampling to detect surface mineralization.
  • Follow-up drilling once priority targets are delineated and field conditions allow.

For investors and stakeholders, this comprehensive approach means that Atomic Minerals is systematically advancing the Mozzie Lake project through modern exploration techniques while managing costs and technical risk.

Forward-Looking Statements and Risk Considerations

As with all mineral exploration activities, statements about future plans, potential mineralization, and economic expectations are considered “forward-looking statements.” These involve a degree of uncertainty, including risks related to drilling results, market conditions, and regulatory developments. Atomic Minerals reiterates that actual outcomes could differ materially from current expectations, as is standard in public mineral company disclosures.

Stakeholders are advised to review all regulatory filings and official communications from the company for additional context and updates as the exploration program progresses.

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Atomic Minerals Signs Contract for Airborne Gradient Magnetometer Survey at Mozzie Lake Uranium Project — Major Exploration Milestone Announced | SlimScan