Atlas Salt Inc V.SALT

Alternate Symbol(s): REMRF

Metals & Mining Industrial Metals & Minerals

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

Atlas Salt Inc > another hurdle jumped

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Comment by nedstar71on Apr 23, 2024 10:57am

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RE:RE:RE:RE:another hurdle jumped

Hmmm lots of fretting on the CEO.ca board about the lack of the actual EA published and conditions involved. Understandable. The market agrees, although there is little volume.
As long as the conditions don't include anything requiring Atlas to adhere to its plan for the mine being almost all electric. To me that would be the death knell, as while sure it's a nice dream, needed flexibility and reality means that would be a deal killer to anyone committing money.

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