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Atlas Salt Inc V.SALT

Alternate Symbol(s):  REMRF

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.


TSXV:SALT - Post by User

Comment by lifegoesonon Nov 10, 2021 12:43pm
97 Views
Post# 34110682

RE:In case anyone doubts the importance...

RE:In case anyone doubts the importance...Twoponds, there is a big article in the Chronicle Herald newspaper today (Nova Scotia) about the Windsor Salt mine in Pugwash and the strike and how Windsor Salt  is planning on handling their salt contract for Nova Scotia and PEI during this winter. It doesn't have much bearing on SALT this year but it does speak loudly to the valuable resource at SALT and vulerablity of the supply of salt to the North American markets.

The Windsor Salt Mine currently operates two locations in Windsor, Ontario, Canada. The first is the Ojibway Mine at 200 Morton Drive in Windsor, established in 1955, and is owned by The Canadian Salt Company, Limited. The facility has 250 employees, earns roughly $75–99 million a year, producing road and mining salt.

250 employees and earns almost $100 M per year.

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