Atacama Major Expansion Into Nitrate Production

VANCOUVER, BRITISH COLUMBIA–(Marketwire – June 2, 2008) – Atacama Minerals Corp. ("Atacama" or the "Company") (TSX VENTURE:AAM) is pleased to announce a major expansion at the Company's Aguas Blancas industrial minerals mine located in northern Chile. In addition to iodine, the Aguas Blancas mine hosts extensive nitrate resources. A positive feasibility study on development of these large nitrate resources has recently been completed. The Board of Directors has approved development which will include construction of a US $60 million nitrate fertilizer plant designed to initially produce 70,000 tonnes of nitrate fertilizer per year….more at marketwire