Atlas Salt Inc V.SALT

Alternate Symbol(s): REMRF

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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Atlas Salt Inc > Correct me if I'm wrong

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Comment by nedstar71on Nov 23, 2022 10:21am

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Post# 35121628

RE:RE:Correct me if I'm wrong

twoponds wrote:

nedstar71 wrote: I don't post nor do I plan on posting on the circus that is CEO.ca, but just checked it. Most over there post as if the drilling that is occurring is to further prove out the resource. Is the drilling taking place not just to give them the data needed to prove depths, potential structural integrity, ramp viability etc for the fs?

...the ramp viability has already been established and proven, the drilling in my opinion is establishing the ramps location entry/exit point into the deposit more than expanding the resource limits or a combination of both. At this stage they're also taking into consideration the proximity of the main substation and proximity is important. Just my opinion...and CEO has some good DD if you wanna sift through the"I want it now" culture.
...two

Thanks, we're pretty much on the same page then.

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