Atlas Minerals Presents NI 43-101 Resource Estimate for Tres Chorreras

Calgary, Alberta – July 28, 2008 – Atlas Minerals Inc. (TSXV - AMR) Atlas is pleased to announce the results of a National Instrument 43-101 Resource Estimate for the polymetallic deposit at its Tres Chorreras concession in Ecuador. Results are based on a first phase exploration program and are significant considering the work completed to date. Two deposits have been outlined at Tres Chorreras and both remain open to depth and along strike with numerous additional targets yet to be tested. The company anticipates expanding the resource estimate significantly in future exploration and development programs.

The Resource Estimate to date reflects that the Tres Chorreras property comprises significant mineral deposits. To download the press release or the complete NI 43-101 report select the appropriate link below.

• Download the Resource Estimate Press Release (PDF)

• Download the NI 43-101 Report of 2007 (PDF)

Click on the following links to view the 3D projection and the tables independently.

• 3 Dimensional Projection looking NE

• Table 1 - Combined Resource Calculation

• Table 2 - 3C Breccia Deposit

• Table 3 - Epithermal Deposit