1) 34,725,151 shares balance, December 31 2003

2)
3/31/04 17th Industrial Minerals International Congress

15.00
New horizons for halloysite in micro-tubular technology
Ron Price, Technical Consultant Atlas Mining Inc, USA
WWW.metalbulletin .com/events/mbcf_im17.asp

3)About to mine the clay --

and

commitments from distributors over 10,000 tons

Year to date contracting revenue was $234,900, which was comparable to the previous period in 2002, however the company did experience higher general and administrative costs due to the expense of having the SB-2 filing approved. Commented William Jacobson, president, “We are finally moving in the direction we wanted. With the ability to bring capital into the company through our offering, we can start making progress at the Dragon Mine and bring our unique halloysite clay to market.”

Atlas has received commitments from distributors in the U.S. and the Orient that will bring first year sales to well over 10,000 tons. Current pricing of halloysite is at $450 per ton and more. http://atlasmining.com/releases.html#April%204,%202003

4) Atlas President and CEO, Bill Jacobson, had this to say. ''We have completed an in depth development and mining study, which confirmed the purity levels of the halloysite. The mineral is so pure, and of such a high quality that makers of fine and bone china will literally be able to introduce a new line of the finest china ever made, and are willing to pay USD$1,000 per ton or more for our processed halloysite. We will formally begin mining operations by the end of March.''

The Dragon Mine halloysite also has a unique tubular quality, not unlike a grain of rice, only considerably smaller and hollow. The halloysite microtubules act as time-release capsule, which dissolve over time. These ''tubes'' can be filled with such things as antifouling paint, antiscalants, herbicides, pest repellents, and other agents which could benefit from a controlled release.

Jacobson continued, ''The tubular attributes of the Dragon Mine halloysite is so unique that company executives have been invited to speak at the prestigious 17th Annual Industrial Minerals conference (IM17) in Barcelona, Spain later this month. We have chosen to send advisory board member, Dr. Ron Price, who will deliver a paper on the micro-tubular advantages of Atlas Mining's exceptional halloysite clay.''

Jacobson was very enthusiastic when talking about the special attributes of this halloysite. ''We have been receiving an overwhelming amount of interest from potential buyers due to the unique tubular attributes of the mineral. We had originally sought the rights to mine the halloysite because of the opportunities in the existing halloysite markets. However, our scientists quickly discovered there were several new uses for the processed mineral. It's these new potential uses which will undoubtedly dominate sales.''

In a gold rush letter more than 150 years ago, Mr. N.A. Chandler wrote, ''I am bound to stick around a while longer'' to express his opinion of gold situation in California.

To date, several Chinese companies have made inquiries into Atlas Mining, already showing a keen interest in the halloysite based on the geological reports, which the company had prepared by Richard Tschauder of Bueno d'Oro, Inc.

The exceptionally high quality of the halloysite has generated quite a bit of buzz and excitement over the likelihood of using it in a wide variety of applications and technologies, far beyond the scope of fine china. Based on demands for their precious mineral, Atlas Mining will be able to provide a steady stream of processed halloysite for the next seven to twenty years.

If Atlas Mining does nothing more than sell their entire cache of halloysite to companies in China, revenue will probably exceed shareholder expectations. In my estimation ALMI shareholders, like the California gold rushers, would do well to stick around a while longer.

5) Buying before the news comes out

An odd pastime, staring at numbers rolling by on a screen. I try to limit myself to only doing it 10 minutes a day. [/B][/QUOTE]

ALAN, unexplanable sudden up vertical spike
which suggests to me, price manipulation.

Market Makers setting wide gaps, not holding
down prices until market close.

To me, it appears a whole new set of joker
wild cards are being introduced into our
past methods of market projection.

* tugs at her hair *

Time for prozac.

"PG--have a nice break?--did you take a
shopping trip after the CLSI run on Monday?"

I wish. Actually a working break. Lots of
work associated with our rentals. Also a
tremendous amount of work related to our
home webserver. Periodically I piss off
boys in newsgroups and elsewhere, which
often results in a great increase in hack
attacks on our home server.

Actually spoke with the vice-president
and a team of technicians yesterday about
hack attacks coming out of Charter Net.
Those have dropped off significantly
meaning a lot of accounts were shutdown.

Those boys, dang, they think none will
take aggressive actions against them.
Suppose they are surprised now with not
being able to access the internet.

Have a huge heated debate going on with
Apache developers and Apache security.

Rentals, servers, hackers, crazy markets,
think I will take up drinking or at least
strip down naked and run amok upon our
hill while screaming swear words in
my native tongue, Choctaw.

Neighbors are accustomed to that, though.

Should have heard me two days back after
I locked myself out of my car.

i heard a good deal of cursing--LOL

he did charts on graph paper as early as the sixties(when i first saw him do it)

Low O.S. - alot of people are holding
on news to come soon.

"Purl Girl, I learn something new from
you every day."

Then you are bound to get into trouble!

"I learned to sing some songs in Apache"

This deserves a Chahta name!

"Taloa Imponna"

"Teh low eh Emm pon neh" (close)

Skillful Singer!

"Do you speak Choctaw regularly?"

There are no native tongue Chahta speakers
around here. However, in Oklahoma...

"Do you speak any other languages"

Yes, I speak Bimboese quite fluently.

Then you are bound to get into trouble!

to Debi
"I learned to sing some songs in Apache"

This deserves a Chahta name!

"Taloa Imponna"

"Teh low eh Emm pon neh" (close)

Developed by the Naval Research Laboratory In order to inhibit the growth of microorganisms on the hulls of ships, the Naval Research
Laboratory has been investigating the use of microtubules as agents for the first order
delivery of biocides. By encapsulating biocide chemicals within microtubule structures and adding this encapsulated material to paint that
is used to coat the hulls of ships, the growth of
microorganisms has significantly been
inhibited over extended periods of time. The
picture to the left illustrates this effectiveness
by comparing a settlement control (lower rod)
with that of a rod coated with paint containing
biocides encapsulated within microtubules
(upper rod). The utilization of the inexpensive
microtubule halloysite mineral as the host
material makes this a cost effective means for
delivering various chemical species at a
controlled, slow release rate for many different
applications. NRL biofouling control with and without microtubules
Preliminary efforts at NRL were focused on the use of lipid-based materials for making
microtubles. These lipid materials, though very effective, were rather costly. More recent
efforts involve the use of naturally occurring
halloysite, an aluminosilicate mineral that can
be found throughout the world. This mineral
comes in the form of halloysite tubules that
have lengths on the order of 0.5 micrometers
and diameters of about 0.1 micrometers.
The outer surface carries a negative charge
while the ends of the tubules have a net
positive charge. These polar microtubules
enable them to be suspended in an aqueous
carrier solution. The cost advantage is
obvious considering that previously
developed lipid microtubules can be Scanning Electron Micrograph of halloysite microtubules$2000 / gram while halloysite material is priced around $400 - $600 /ton.

The Naval Research Laboratory has developed and patented processes for impregnating
these microtubules with various chemical species. These tubules have been shown to
effectively release the encapsulated species at a slow, controlled rate. A demonstration of this controlled release rate has been
done by the Department of
Pharmaceutics and Pharmaceutical
Technology, School of Pharmacy at the
University of Dublin in Ireland. The
figure to the left is a graph that illustrates
the release of a cationic drug proparanolol. P1 is the free drug control run, P2 is the drug loaded halloysite tubules and
P3 is drug loaded coated halloysite tubules. The comparison between the standard
delivery method (P1) and the microtubule delivery methods (P2 & P3) reveal the dramatic
advantage in using micro tubular drug delivery methods. Drug treatments by this method
would be more cost effective with a greater likelihood of successfully treating a patient with
a single treatment.

Advantages in Using Microtubules as Carrying Agents
There are many possible advantages in using microtubules as the delivery or carrying
agent for various chemical substances. A few of these are:
• A reduction of toxic chemical runoffs (pesticides, herbicides, etc.) since can use an overall lesser amount. • A reduction in cost due to the use of a lower amount of substance (such as drugs, etc.) being delivered or the more efficient delivery of these compounds over time. • Lower labor costs because any application of chemical substance via microtubule carrying agent will last many times longer and therefore will require less number of
applications. • More effective delivery of substance since microtubules will protect encapsulant till it is delivered. • Targeted delivery of substances may be possible by modification of microtubule. • Improved performance and longer lasting effect of encapsulated material.

Why is the Use of Halloysite Mineral as the Microtubule Carrying Agent A Major Break Through in Technology?
Much of the work in microtubules has been in the area of lipids and nanostructure
fabricated inorganics. The Naval Research Laboratories patented approach of using
halloysite microtubules as the carrying agent has vast potential because of the following
reasons:
• It is extremely cheap. • There is a vast plentiful worldwide supply of halloysite mineral. • Since it is a naturally occurring clay it is environmentally benign. • It is extremely easy to handle and process. • Halloysite microtubules are inherently polar structures making them a natural carrying agent.
In Which Markets Can This Microtubule Technology Be Effectively Utilized?
Even though this technology was initially developed by the Navy to inhibit the growth of
marine organisms on the hulls of navy ships, the market and industry areas for which this
technology can potentially be utilized almost seem endless. The principle inventor, Ron
Price, has effectively demonstrated the use of microtubules as carrying/delivery agents,
controlled chemical release vehicles, and/or prolonged / extended chemical agent
exposure mediums. A listing of some of these different industries or markets follows:
• Paintings / Coatings • Agricultural • Medical / Pharmaceutical • Petroleum • Food Processing / Restaurants • Cosmetics, Flavors & Fragrance • Pet Industry • Pest Control • Construction Materials
Is There Patent Protection for Using Microtubules As Chemical Carrying Agents? The Naval Research Laboratory has patents that provide protection for the microtubule
technology. These patents deal with the composition of the microtubules, the structure of
the microtubules, the method of delivering an active agent at a controlled rate, and a list of
active agents for encapsulation within the microtubules. Active agents include fungicides,
herbicides, insecticides, pheromones, hormones, antibiotics, antihelmetics, antifoulants,
and mixtures thereof. The Naval Research Laboratory is interested in working with
companies to develop this technology for specific applications and licensing the intellectual
property for different areas of use. “Controlled Release of Active Agents Using Inorganic Tubules”, United States Patent
5,651,976. Ronald R. Price and Bruce P. Gaber; July 29, 1997. “Sustained Delivery of Active Compounds from Tubules, with Rational Control”, United
States Patent 5,705,191. Price, Ronald R.; Schnur, Joel M.; Rudolph, Alan S.; Selinger;
Jonathan; Singh, Alok; Gaber, Bruce P.; January 6, 1998. “Controlled Release Microstructures”, United States Patent 5,492,696. Price, Ronald R.;
Schnur, Joel M.; Schoen, Paul E.; Testoff; Mary; Georger, Jr., Jacque H.; Rudolph, Alan;
Brady, Robert F.; February 20, 1996.
How Do I Find Out More About this Technology and How I Might Use It for My Application?
For inquiries about utilizing this technology for your application please contact Dr. Kevin
Smith at 724-539-8310 or by email at ksmith@tech-recon.com. We can assist you in finding out whether this microtubule technology can effectively be utilized in your market
niche and/or your specific application. Once it is determined that this technology has the
potential to meet your needs, we can help you in obtaining the necessary information, in
interacting with the pertinent researchers, and in the overall facilitation of the technology
transfer process. We look forward to discussing with you the use of microtubules in your
industry.

NEWBIES - ALMI Press Release
Atlas Mining to Present Paper to International Minerals Congress
Tuesday March 30, 11:40 am ET
Microtubule Attributes of Dragon Mine Halloysite Topic of Presentation

OSBURN, Idaho--(BUSINESS WIRE)--March 30, 2004--Atlas Mining Company (OTCBB:ALMI - News), 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.
ADVERTISEMENT http://biz.yahoo.com/bw/040330/305347_1.html

Atlas Mining President and CEO William Jacobson said, "We have excavated the area that will be the opening to the mine. The site we've chosen for our portal is very advantageous. We only have to drift down to the 120-foot level, at a 15-degree decline, to be at the bottom of a rather sizable bed of clay. We'll be able to conduct our first several years of mining operations at these levels, but will look to concurrently set up other extraction stopes in beds near this area as demand for our clay increases." The total length of the tunnel is anticipated to be around 250 feet, and the company expects to be able to reach the underground bed of halloysite clay within 30 days.

The company also purchased three additional pieces of mining equipment. "We purchased two underground loaders and a single-boom jumbo drill to supplement our existing equipment." The company intends to mine the clay with an Alpine Miner roadheader, which will be brought into service as soon as the access drifts are completed.

"This equipment, along with the KDS Processing Plant, will get our mining operations underway," Jacobson said. "The portal into the mine will be approximately a 10-foot-by-10-foot tunnel. The underground loaders are low-profile, rubber-tired vehicles specially designed for this type of portal and mining operation.

Company personnel have also exposed an approximate 100-ton surface bed of clay in the pit wall of the mine. "The advantage for us in this particular bed of clay is that we don't have to go underground to extract it. It's on the surface, which means we'll be able to fill the 50-ton order from our overseas buyer more quickly than if we had to go underground."

Ground leveling and other pre-mining operations continue on schedule. "We've signed the purchase order to begin construction of the Mill Site, and expect that to get underway next week. Everything is on schedule with our partners, with our suppliers, as well as regulatory with the State of Utah," Jacobson concluded.

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. The halloysite microtubules can act as a time-release capsule, dissolving over time, and can be filled with such things as antifouling paint, antiscalants, herbicides, pest repellents, and other agents which could benefit from a controlled release.

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 http://www.atlasmining.com.

Very few people are selling.

Guess I will have to add at .20

According to RB posters that spoke to
ALMI- look for late MAY early June
completion of this first order.

100,000 Pounds of Clay to be Shipped

Atlas Mining in Discussions with Several Nano-Technology Companies
Wednesday April 28, 9:40 am ET
Top Advisors Meeting with Companies in Hong Kong and China

Personally, I am very excited by this PR. ALMI's ability to pull the halloysite out of the mine never really seemed in question, but the price and number of buyers *is* a question mark. They have made some good moves lately imho, and shown a bit of almost surprising business savvy in going out and pursuing buyers and new uses for the clay. Create enough demand and interest and number of uses, the price goes up. I have been adding ALMI whenever I can at .20 and under, and will continue to add at .21 and under now. Of course, I could be totally wrong, as often seems the case lately!

As a side note, I talked my dad into buying 50k shares last week. Now I see a little of why PG perhaps is tentative about making stock picks: makes you a little nervous when someone follows your advice! Not sure if PG is gone for good, sure hope not - her wit and insight is sorely missed at allstocks the last few weeks. [/B][/QUOTE]

Purl - thanks for a great write up on
ALMI and we were right

ALMI did go up almost 300% in 2004

I look forward to 2005

2005 - around March we should start
going up since the snow will start to melt
and ALMI can mine more clay.

GL ALL

funny thing about NT10-k's on the pump-n-dump stocks? the PPS almost always does a 10%+ jump on 'em....always wondered why.....monkey biz?

hmm, did i miss something with CLSI? early this morning i checked and they had an inability to file timely 10k filed, due to emergency health issue with accountant or some such. just checked edgar online again and there's a minor amendment, but - i imagine we'll have to wait until next week for the 10K. or am i missing something, glass?

uh, are you kidding about PG coming back on tuesday? i assume you are, but - uh, don't mess with me on that one, man! i'd do a cartwheel if PG really returns. uh, i assume you were just joking, though? well, i guess dardadog returned after a long absence, so stranger things have happened - am still holding out hope we'll *eventually* see her back here occasionally, even if it takes another year or two.