Atlas Mining Company Experiences Increased Activity in Mining Sector.

OSBURN, Idaho -- Atlas Mining Company (OTCBB:ALMI) announced today that the Company's contracting activities have increased in recent months with prospects for additional work on line. According to Ron Short, Operations Manager, "Atlas Fausett Contracting has two fairly long term jobs and we are looking at additional work every day. Work here in Idaho has employed 21 miners, and is bringing us about $250,000 per month. We have committed to take on only the jobs for which we know we can provide trained miners and get done safely. With this additional work, manpower and equipment have become crucial, but so far we have been lucky to find quality men and equipment." One of Atlas Fausett Contracting's major jobs is at the famous Sunshine Mine in north Idaho, once a major silver producer in the U.S.

According to president and CEO, William Jacobson, "With the increased activity in the mining industry, driven by higher metals prices, our contracting business has picked up significantly. These are very exciting times for us. The mining sector has suffered here in the U.S. for a number of years due to economic restraints. It is nice to see so much activity in our industry today. This activity opens up the opportunities for not only contracting work, but also different forms of joint ventures that could add tremendous value for our shareholders."

About Atlas Mining Company: Atlas Mining Company is a diversified natural resource company with interest in north Idaho, with major 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 in the nanotechnology fields and has created exciting new applications for this product. Atlas also holds mining and timber interests in Northern Idaho, and operates an underground mining contracting business, and holds interests in copper and gold properties in Newfoundland. 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: Except for the historical statements made herein, the statements made in this release are forward-looking statements. Risk factors that could cause actual results to differ materially from those projected in forward-looking statements include, but are not limited to, general business conditions, managing growth, and political and other business risks. All forward-looking statements are expressly qualified in their entirety by this Safe Harbor Statement and the risks and other factors detailed in the Company's reports filed with the Securities and Exchange Commission. Atlas Mining Company undertakes no duty to update these forward-looking statements.