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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

Post by kilofinal7on Jan 01, 2023 11:17pm
931 Views
Post# 35199284

Comments from Sonya Roberts - head of Cargill salt business

Comments from Sonya Roberts - head of Cargill salt businessCargill had 3 salt mines in the USA - 

1. Avery salt mine which is now closed due to flooding. 2 people died
2. Cayuga salt mine in upper New York State ( I've shared the risks already in an earlir post) 
3. Salt mine under lake Erie (Cleveland)  that produces approx. 2M tones of salt a year. This mine also had flooding which resulted in the stoppage of mining years ago so they could stop the leaks -

https://www.news5cleveland.com/news/local-news/cleveland-metro/cleveland-salt-mine-attributes-salt-shortage-to-water-leak-winter-storms

What's interesting is the comments from the company's head of salt mining - 

 “Our supply chain is robust and we remain committed to investing in our other operations while continuing to grow our salt business.”

https://www.snowmagazineonline.com/news/cargill-salt-mine-avery-island-winter-snow-ice/



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