Atlas Minerals Inc. (ATLR.PK)

Atlas Minerals, Inc. engages in the exploration, development, and exploitation of mineral properties in the United States. The company’s White Cliffs diatomite mine property consists of approximately 3,200 acres comprising twenty 160-acre Bureau of Land Management unpatented association placer mining claims, a fully permitted mine, and an operational processing plant with a nominal annual capacity of 50,000 tons of finished product. Atlas Minerals was incorporated in 2000. It was formerly known as Atlas Corporation and changed its name to Atlas Minerals, Inc. in 1999. The company is headquartered in Lakewood, Colorado.

Atlas Minerals Inc. is a mining company primarily engaged in the exploration, development and exploitation of precious metal and industrial mineral resource properties. For the FY ended 12/03, revenues fell 64% to $8K. Net loss totaled $1M, up from $437K. Revenue reflect the intermittent production shutdowns during 2003 and the inability to develop a market for the product. Net loss reflects higher SG&A expenses and a $80K loss from investment in affiliate.