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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 Zephyron Jan 27, 2024 12:13am
174 Views
Post# 35848295

RE:RE:what is the reason for delayed EA?

RE:RE:what is the reason for delayed EA?

For the record, they did say they planned to file it before the end of the year. They said it at the public meeting in St. George's in late October and it is noted at the bottom portion of the CBC coverage of the event.

"Atlas Salt plans to file its environmental registration with the province toward the end of 2023 and anticipates construction of the mine would start in 2025."

https://www.cbc.ca/news/canada/newfoundland-labrador/salt-mine-st-georges-1.7008770

There is no deadline. Anyone's who understands these things knows they are fluid. Stop with the 'pumpers said this' and 'pumpers said that'. They said it was their plan. Yes, it was ahead of the estimated timeline SLR had in the FS. These guys will try to better every estimated timeline if they can.

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