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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 Crunchy2chewon Feb 07, 2022 10:11pm
147 Views
Post# 34407214

RE:RE:RE:having to reevaluate the possibilities

RE:RE:RE:having to reevaluate the possibilities YUP. Just the salt in the ground is worth like 75-80 billion. The salt dome is ????   the 300 other claims along the shore???? the nephiline in Labrador ????

The gypsum mine is worth like 9+ million a year at current production, but they plan on ramping that up.

This is going to be the biggest mining development in Newfoundland. 
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