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Atlas Salt Inc V.SALT

Alternate Symbol(s):  REMRF

Atlas Salt Inc. is a Canada-based junior mineral exploration company. The Company is engaged in the acquisition, evaluation, exploration and production of mineral properties in Newfoundland and Labrador. The Company owns 100% of the Great Atlantic salt deposit strategically located in western Newfoundland in the middle of the robust eastern North America road salt market. The project features a large homogeneous high-grade resource located next to a deep-water port. It also develops the Fischell’s Brook Salt Dome, which is approximately 15 kilometers (km) south of Great Atlantic in the heart of an emerging Clean Energy Hub. The Company's Flat Bay Gypsum Project is located three km southwest of Great Atlantic Salt deposit that features early-stage open-pit production from the Ace deposit. The project is located beside important infrastructure including a deep-water port, Great Atlantic positions Atlas in the middle of the eastern North America Road salt de-icing market.


TSXV:SALT - Post by User

Comment by Copperking102on Dec 31, 2022 3:05pm
161 Views
Post# 35198594

RE:Youtube video on Cargill's Cayuga salt mine risks

RE:Youtube video on Cargill's Cayuga salt mine risks
kilofinal7 wrote: https://www.youtube.com/watch?v=0hAYnj8MAE4


Cargill's Cayuga salt mine is the deepest mine in North America and supplies most of the salt used in New York state. Keep all that in mind as you watch this Youtube video. 

Go SALT! 



So i think what most people are missing here is how close this mine is to the Marcellus Shale area of PA. Little to the North sits Lake Cayuga, with the Cargill mine underneath. Shale areas are fracked and leave big voids once emptied and thus are known to have a high incidence of earthquakes. Once that ground starts to go, all hell can break loose. Cargill might be wise to have a backup llan...
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