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Atlas Mining Company (OTCBB: ALMI)

 

Atlas Mining Company

 

Originally established in 1924, Atlas Mining Company is an exploration stage natural resource and mining company. Atlas became fully registered with the U.S. Securities and Exchange Commission and began trading on the Over the Counter Bulletin Board in 2002.

Upon becoming president and CEO of Atlas Mining Company in 1997, William Jacobson established a set of goals that has guided the company ever since. In an effort to diversify its revenue base, Atlas has moved beyond its historical focus on precious metals. It now provides contracting services for other mining companies, conducts timber harvesting operations on its properties and is moving into the industrial minerals sector.

Atlas Fausett Contracting, a division of Atlas, is a leading mining contracting company in the Idaho silver belt. Atlas controls approximately 1,000 acres in northern Idaho, and harvests the timber on this property to generate additional revenues..

The Company's current focus, however, is on the Dragon Mine property in Juab County, Utah. This project represents an opportunity for the Company, and its investors, to profit from a unique situation: the only known deposit of halloysite clay in North America that is large enough to be mined commercially.

Website: http://www.atlasmining.com/