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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 MoneyKon Aug 28, 2022 9:19am
136 Views
Post# 34925143

RE:RE:RE:RE:NPV

RE:RE:RE:RE:NPVYes, it does help, but still not obvious for me to understand how they can move around in that huge resource and at depth with simply a mill and conveyors. In terms of production, is it possible to start at 2M tons and increase by 2M per year or thats too aggresive from a technical stand point? Id be curious to know how much tons one mill and conveyor can support per year. At a certain point they might need more equipment, meaning more capex? MoneyK
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