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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

Post by wreckhouseon Apr 24, 2024 8:05pm
110 Views
Post# 36006199

SALT

SALT

Looking ahead, the Company is progressing the following objectives for the Great Atlantic Salt Project for the remainder of 2024:

  • Establishing monitoring programs consistent with the conditions of release from the provincial environmental assessment process;
  • Progressing permitting, leasing and zoning;
  • Developing the detailed timeline to commercial production;
  • Developing mine design and build optimizations;
  • Progressing offsite infrastructure agreements and capital investment plans for logistics including the planned material transportation, conveyor and port loading systems;
  • Developing salt distribution and monetization strategic partnerships; and
  • Progressing project financing options.
When these goals are met the share  price will be Double  from today's price. BCRNW
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