+----------------
                                 UNITED STATES                 | OMB APPROVAL  |
                      SECURITIES AND EXCHANGE COMMISSION       +---------------+
                            Washington, D.C. 20549             |  OMB Number:  |
                                                               |   3235-0058   |
                                  FORM 12b-25                  |    Expires:   |
                                                               |January 31,2005|
                          NOTIFICATION OF LATE FILING          |   Estimated   |
                                                               |average burden |
(Check One): [X] Form 10-K  [ ] Form 20-F   [ ] Form 11-K      |   hours per   |
             [ ] Form 10-Q  [ ] Form N-SAR                     |response..2.50 |
                                                               +---------------+
For Period Ended: December 31, 2001
                  -----------------                            +---------------+
                                                               | SEC File No.  |
                [ ] Transition Report on Form 10-K             |               |
                [ ] Transition Report on Form 20-F             |   1-02714     |
                [ ] Transition Report on Form 11-K             +---------------+
                [ ] Transition Report on Form 10-Q             +---------------+
                [ ] Transition Report on Form N-SAR            |   CUSIP No.   |
                                                               |  049371-10-7  |
For the Transition Period Ended: ____________________________  +-------------- +

 [Read Instruction (on back page) Before Preparing Form. Please Print or Type]
   Nothing in this form shall be construed to imply that the Commission has
                  verified any information contained herein.

If the notification  relates to a portion of the filing checked above,  identify
the Item(s) to which the notification relates:

- --------------------------------------------------------------------------------
PART I - REGISTRANT INFORMATION
- --------------------------------------------------------------------------------
Full Name of Registrant

Atlas Minerals, Inc.
- --------------------------------------------------------------------------------
Former Name if Applicable

N/A
- --------------------------------------------------------------------------------
Address of Principal Executive Office (Street and Number)

10920 West Alameda Avenue, Suite 205
- --------------------------------------------------------------------------------
City, State and Zip Code

Lakewood, CO  80226
- --------------------------------------------------------------------------------


PART II - RULES 12b-25(b) AND (c)

If the subject report could not be filed without  unreasonable effort or expense
and the registrant seeks relief pursuant to Rule 12b-25(b), the following should
be completed. (Check box if appropriate)

    | (a) The reasons described in reasonable detail in Part III of this form
    |     could not be eliminated without unreasonable effort or expense;
    | (b) The subject annual report, semi-annual report, transition report on
    |     Form 10-K, Form 20-F, 11-K or Form N-SAR, or portion thereof, will be
    |     filed on or before the fifteenth calendar day following the
[X] |     prescribed due date; or the subject quarterly report or transition
    |     report on Form 10-Q, or portion thereof will be filed on or before
    |     the fifth calendar day following the prescribed due date; and
    | (c) The accountant's statement or other exhibit required by Rule
    |     12b-25(c) has been attached if applicable.

PART III - NARRATIVE

State below in reasonable  detail the reasons why Forms 10-K,  20-F, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof,  could not be filed with the
prescribed time period.
                                               (Attach Extra Sheets if Needed)

     The Company has not been able to compile the requisite  financial  data and
other  narrative  information  necessary to enable it to have sufficient time to
complete  the  Company's  Annual  Report on Form  10-KSB by April 1, 2002, the
required filing date, without unreasonable effort and expense.

PART IV - OTHER INFORMATION

(1)  Name and telephone number of person to contact in regard to this
     notification.

     Gary E. Davis
     President and Chief
        Financial Officer                 303                 306-0823
     ----------------------------    --------------    -------------------------
               (Name)                 (Area Code)         (Telephone Number)

(2)  Have all other periodic  reports  required under Section 13 or 15(d) of the
     Securities Exchange Act of 1934 or Section 30 of the Investment Company Act
     of 1940 during the preceding 12 months or for such shorter  period that the
     registrant was required to file such report(s) been filed? If answer is no,
     identify report(s). [X] Yes [ ] No
     ---------------------------------------------------------------------------
(3)  Is it  anticipated  that any  significant  changes in results of operations
     from the corresponding period for the last fiscal year will be reflected by
     the  earnings  statements  to be included in the subject  report or portion
     thereof? [ ] Yes [X] No

     If so, attach an explanation of the anticipated  change,  both  narratively
     and quantitatively, and, if appropriate, state the reasons why a reasonable
     estimate of the results cannot be made.




================================================================================

                              ATLAS MINERALS, INC.
          -----------------------------------------------------------
                 (Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.

Date    April 1, 2002                   By /s/ Gary E. Davis
    ------------------------------        --------------------------------------
                                              Gary E. Davis
                                              President and Chief Executive
                                                 Officer

INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly  authorized  representative.  The name and title of the person
signing  the form  shall  be typed or  printed  beneath  the  signature.  If the
statement is signed on behalf of the registrant by an authorized  representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.

+----------------------------------ATTENTION-----------------------------------+
|                INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT                |
|         CONSTITUTE FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).         |
+------------------------------------------------------------------------------+
                              GENERAL INSTRUCTIONS

1.  This form is  required  by Rule  12b-25 (17 CFR  240.12b-25)  of the General
    Rules and Regulations under the Securities Exchange Act of 1934.

2.  One signed  original and four  conformed  copies of this form and amendments
    thereto  must be  completed  and  filed  with the  Securities  and  Exchange
    Commission,  Washington,  D.C.  20549,  in  accordance  with Rule 0-3 of the
    General Rules and Regulations under the Act. The information contained in or
    filed with the form will be made a matter of public record in the Commission
    files.

3.  A manually  signed copy of the form and  amendments  thereto  shall be filed
    with each national  securities  exchange on which any class of securities of
    the registrant is registered.

4.  Amendments to the  notifications  must also be filed on form 12b-25 but need
    not restate information that has been correctly furnished. The form shall be
    clearly identified as an amended notification.

5.  Electronic  Filers.  This form shall not be used by electronic filers unable
    to timely file a report solely due to electronic difficulties. Filers unable
    to submit a report within the time period  prescribed due to difficulties in
    electronic  filing  should  comply  with  either  Rule  201 or  Rule  202 of
    Regulation  S-T  ((S)232.201  or (S)232.202 of this chapter) or apply for an
    adjustment  in  filing  date  pursuant  to  Rule  13(b)  of  Regulation  S-T
    ((S)232.13(b) of this chapter).