The word is ATQ are drilling around 40 holes for $200k to...

The word is ATQ are drilling around 40 holes for $200k to hopefully confirm previous drilling & this is a forerunner to a resource. Naturally a couple of more holes required for that to happen.

Recent mkt weakness is an opportunity for bargain basement buying.

ASX ANNOUNCEMENT & MEDIA RELEASE
8th August 2007
ATOMIC COMMENCES DRILLING AT UAROO
Atomic Resources Limited (“Atomic”) (ASX Code: ATQ) has commenced drilling on the Uaroo uranium project, inland from Onslow Western Australia.
The Uaroo uranium project was the focus of exploration by CRAE in the late 1970’s, during which time CRAE intercepted uranium mineralisation at three prospects within the existing tenement package; North Ballards, South Ballards and Barradale Channel.
Managing Director Dave Holden said, “Drilling at Uaroo commenced less than a month after listing, and we anticipate an active and successful period of drilling ahead.”
Atomic intends to test the key South Ballards and Barradale Channel prospects in the early phase of drilling.
Listed on the ASX on 4 July 2007, Atomic is a uranium exploration company with granted concessions and tenements in Tanzania and Western Australia.

The previous hits are on the map in the ASX report.

Attachment 1: Map of Uaroo uranium project.