CEO CORNER - March 13, 2024

I want to bring everyone up to date with Atacama’s progress on a few items.

Our lawyer is aggressively pursuing a resolution of the CTO issue. We are gathering the last of the data needed for the last round of comments and will provide that information as soon as possible. We have ongoing reporting obligations both in Canada and with OTC markets. The auditor is in the final stage of completing the 2023 audited financial statements, which will be submitted and filed once they are complete. 

The magnetic survey and Induced Polarization survey  work on Tannahill South is ongoing. A couple of things have slowed progress. The first being the prospectors trade show in Toronto which is a big event where everyone attends and promotes their platforms. It allows investors to have the chance to look at and consider investing with specific parties. Weather has been the second item as the IP process is not conducive to rain.

Drilling on Tannahill North is coming along nicely. Some cores have already been submitted to the lab for assay.  This information is prepared and released in a  regulated format and results will only be submitted when the time is appropriate. Additional locations within Tannahill are being prepared for drilling. Moving forward with the company’s ongoing drilling program is a good indicator that the company is satisfied with progress so far.

I wish to remind all shareholders that they are the true owners of Atacama, and the company’s progress is largely contingent on the continued level of shareholders’ support. Our ability to move forward is directly related to successful funding. The ship has been launched and now support is needed to keep the engines fired.

We are excited to have our Investor Relations person Greg Praver back from his holiday.

Glenn Grant

Chief Executive Officer