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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
services 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.
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