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Vulcan Minerals Inc V.VUL

Alternate Symbol(s):  VULMF

Vulcan Minerals Inc. is a Canada-based precious and base metals exploration company, which is engaged in mineral exploration on properties in Newfoundland and Labrador. Its projects include Colchester, Gander Belt Gold, Red Cross Lake, South Voisey’s Bay, Carbonear and Atlas Salt. The Colchester Copper Gold Project is in north-central Newfoundland. The Gander Belt Gold Project extends approximately 100 kilometers from the north coast of Newfoundland to the south-central part of the island. The Red Cross Lake project is located in central Newfoundland and comprises 102 claims approximately 2,550 hectares. Its South Voisey’s Bay nickel-copper-cobalt project located in Labrador. The Project comprises three licenses containing a total of 30 claims. It also holds an interest in Atlas Salt Inc., which is carrying out a feasibility analysis on its Great Atlantic salt deposit in western Newfoundland, strategically located in the robust road de-icing market of eastern North America.


TSXV:VUL - Post by User

Post by Copperking102on Dec 08, 2022 8:10pm
217 Views
Post# 35160685

SALT PRESS RELEASE Dec 9. PM

SALT PRESS RELEASE Dec 9. PMRoland Howe's comments in tonights presser:

Mr. Rowland Howe, President of Atlas Salt, commented: “SLR is conducting a rigorous independent economic valuation of this exciting project and we eagerly anticipate a PEA in January followed by the Feasibility Study. As a homogeneous deposit, with similar DNA to Goderich in southern Ontario where I was mine manager for many years, salt cores at Great Atlantic are showing great consistency with some of the best cores I’ve seen in my 30-year career in the industry.”

Mr. Howe continued, “The shallowness of the Great Atlantic deposit is one of its most important distinguishing features. In a sector dominated by ageing mines, almost all of which are more than half a century old, Great Atlantic through the latest technology will be designed to operate like a highly efficient ‘Salt Factory’ serving eastern Canada and the U.S. eastern seaboard. The low-cost producer always has the edge. Given its many attributes Great Atlantic clearly has the potential to become the biggest and best underground salt mine in the world.”

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