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To: Connor26 who wrote (111866)	3/30/2004 8:49:18 AM
From: Findit	Read Replies (2) \| Respond to of 208838

ALMI to present - OSBURN, Idaho--(BUSINESS WIRE)--March 30, 2004--Atlas Mining Company (OTCBB:ALMI), a natural resource and mining company, announced today its advisory board member, Dr. Ron Price, will address mineral experts from around the world at the 17th annual Industrial Minerals International Congress (IM17) in Barcelona, Spain. Atlas Mining President and CEO William Jacobson said, "Dr. Price, who is the inventor of the patent on microtubules technology, will address the convention this coming Wednesday." The US Navy owns the microtubule patent and is currently researching various ways to use micro-tubular technology to better protect its ship's hulls from barnacles and other damaging buildup. Halloysite microtubules can act as time-release capsules, dissolving over time. They can be filled with such things as antifouling paint, anti-scalants, herbicides, pest repellents, and other agents that could benefit from a controlled release. The length of the micro-tube controls the time-release duration. Dr. Price will be presenting his paper, "New Horizons for Halloysite in Micro-tubular Technology", to an audience focused on both "new" and "growth" markets within the international minerals community. The Industrial Minerals International Congress brings together senior executives, operating in the producing, trading, and consuming sectors from all over the world to discuss the latest developments within the international marketplace of industrial minerals. Over the three-day conference, presentations from industry leaders and technological experts will provide a unique window on news and developments in the world of minerals. "This is our first opportunity to present, literally to the world, the microtubule and time-release potentials that exist with our halloysite," said Jacobson. "This will change the way many time-release applications are developed and deployed, and we expect a favorable reaction from the worldwide mineral community." The Dragon Mine is a rich cache of the mineral "halloysite". Historically, halloysite has been used in the manufacturing of bone china, fine china, and porcelain products. However, internal and other chemists and scientists have discovered new uses for the processed mineral. The Dragon Mine halloysite also has a unique tubular quality, not unlike a grain of rice, only considerably smaller and hollow. About Atlas Mining Company Atlas Mining Company is a diversified natural resource company with its primary focus on the development of the Dragon Mine in Juab County, Utah, the only known commercial source of halloysite clay outside of New Zealand. The unique purity and quality of the Dragon mine halloysite is unmatched anywhere in the world and has spawned considerable research into new and exciting applications for this product. Atlas also holds mining and timber interests in Northern Idaho, and operates an underground mining contracting business. Atlas stock trades on the OTC Bulletin Board under the symbol "ALMI". More information about Atlas Mining Company can be found at www.atlasmining.com. Safe Harbor Statement As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the Company's ability to execute its business model and strategic plans; and the risks described from time to time in the Company's SEC filings. The forward-looking statements contained herein are subject to certain risks and uncertainties that could cause actual results to differ materially from those reflected in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date thereof. Readers should carefully review the risks described in other documents the company files from time to time with the Securities and Exchange Commission, including the Annual Report on Form 10K for the fiscal year ended December 31, 2002, as well as the Quarterly Reports and Current Reports on Form 8-K by the company.