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Gold/Mining/Energy : Atacama Minerals

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To: John Sladek who wrote (94)	1/9/2002 9:49:12 PM
From: John Sladek	Read Replies (1) of 105

Wednesday January 9 - Production Rates Reach 2 Tonnes Iodine Per Day VANCOUVER, BRITISH COLUMBIA--Atacama Minerals Corp. (the ``Company'') is pleased to announce that the Company has been advised by its operating partner, ACF Minera S.A. that production rates of 2 tonnes of iodine per day have been achieved at the Aguas Blancas project in northern Chile. Upon formal verification of this sustained production rate, ACF will have satisfied Phase I of its earn-in in the Project. In Phase II ACF is required, again at its sole cost, to construct mechanical leaching facilities at Aguas Blancas to maximize recovery of all commercial products at the mine. In the meantime, plans are being finalized by the Company and ACF to significantly expand the current heap leach operations. On behalf of our shareholders, the Company wishes to again congratulate ACF and its management on their significant accomplishments at Aguas Blancas over the past year. Aguas Blancas is a world class deposit of iodine, sulphate and nitrate located in the Atacama Desert of northern Chile, 100 kilometres from the major Chilean port of Antofagasta. ON BEHALF OF THE BOARD Richard P. Clark, President -------------------------------------------------------------------------------- Contact: Atacama Minerals Corp. Sophia Shane Corporate Development Phone: (604) 689-7842 Website: www.atacama.com

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