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 > Correct me if I'm wrong

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Comment by twopondson Nov 23, 2022 10:14am

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Post# 35121580

RE:Correct me if I'm wrong

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

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