X0202 5 2007-12-31 0 0 0 0000008328 ATLAS MINING CO ALMI 0001382980 Jacobson William T 2829 RINGO DRIVE MISSOULA MT 58904 1 1 0 0 Interim CEO/President Common Stock 2007-07-06 5 P 0 833330 0.18 A 3320083 D Common Stock 2007-07-13 5 S 0 105000 2.7 D 3320083 D Common Stock 2007-07-26 5 P 0 251426 0.18 A 3320083 D Stock Options 0.18 2004-10-01 5 P 0 1084756 0.18 A 2007-01-01 2009-09-30 Common Stock 1668577 688577 D At December 31, 2007, 688,577 options were exercisable; the remaining 1,000,000 options will become exercisable in increments through January 1, 2009. William T. Jacobson 2008-01-29