Atlas Salt Inc REMRF

Primary Symbol: V.SALT

Metals & Mining Industrial Metals & Minerals

Atlas Salt Inc. is a Canada-based mineral exploration company. The Company is engaged in the evaluation, exploration, development and production of industrial mineral properties in Newfoundland and Labrador. The Company’s principal asset is the Great Atlantic salt deposit project (Great Atlantic Salt Project), located in the St. George Basin of western Newfoundland. Its Gypsum Project is three kilometers (km) southwest of Great Atlantic salt deposit, which is an early-stage and open-pit production from the Ace deposit. Its Nepheline Syenite Property consists of a surface occurrence of nepheline syenite along the southern Labrador highway. The project is located approximately six km from tide water.

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Comment by lifegoesonon Aug 30, 2021 5:01pm

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Post# 33785541

RE:RE:RE:RE:zoom

Silentrunning.... below is the map from their web site, SALT has been in NFLD for a long time, the infrastructure from Turff Point, Port Harmon, and the airport is excellent. Let's not forget, they have a proven Gypsum mine that they have already been shipping out of Turff Point. This infrastructure is what makes this work, the salt can move quickly to the US, Canada and other places. The market is staggering, and guess what, winter always comes each year, not to mention the other uses of salt....

Production continues at Red Moon Resources Inc.'s Ace gypsum/anhydrite mine in western Newfoundland. Three shipments have been made to date. A fourth shipment is scheduled for this week and a fifth is scheduled for early November. Production is expected to exceed 100,000 tonnes for the season.