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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 twopondson Nov 24, 2021 3:56pm
116 Views
Post# 34162943

RE:RE:RE:Spoke with IR today

RE:RE:RE:Spoke with IR today I see your concern, but this is "soft rock" not "hard rock" drilling/mining...2 totally different animals.. This drilling will not take too long, coring can be time consuming though.  It's good to know the assays to lab have no backlog.  Yes, patience is key, we'll see results quicker just because of the little time consumed for "soft rock" coring. Count on that.  The feasibility study is only determining the extent of the ore-body, which we already have a good approximate idea how large it is, and the proximity to the port.   That will be the real defining concern for where the ramp entry will be, and this is going to have ramp access  and not shaft access...much cheaper, much quicker to develop...Cheers
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