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Atlas Salt Inc V.SALT

Alternate Symbol(s):  REMRF

Metals & Mining Industrial Metals & Minerals
Atlas Salt Inc. is a Canada-based junior mineral exploration company. The Company is engaged in the acquisition, evaluation, exploration and production of mineral properties in Newfoundland and Labrador. The Company owns 100% of the Great Atlantic salt deposit strategically located in western Newfoundland in the middle of the robust eastern North America road salt market. The project features a large homogeneous high-grade resource located next to a deep-water port. It also develops the Fischell’s Brook Salt Dome, which is approximately 15 kilometers (km) south of Great Atlantic in the heart of an emerging Clean Energy Hub. The Company's Flat Bay Gypsum Project is located three km southwest of Great Atlantic Salt deposit that features early-stage open-pit production from the Ace deposit. The project is located beside important infrastructure including a deep-water port, Great Atlantic positions Atlas in the middle of the eastern North America Road salt de-icing market.


TSXV:SALT - Post by User

Atlas Salt Inc > One Billion Tons?? Net Mineable Quantity?
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Post by Copperking102on Jun 26, 2022 6:39am
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Post# 34782841

One Billion Tons?? Net Mineable Quantity?

One Billion Tons?? Net Mineable Quantity?While  Billion tons is a lifetime supply, strikes me as a fair amount has to be left behind to support the underground structure.I wonder what that percentage is, and then how that affects the mines value?

Our rock salt mines are located underground, as deep as 1,800 feet below the surface. We extract salt from each mine in rectangular "room" sections, leaving behind vast “pillars” of salt to support the mine structure.


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