Atlas Salt Corporate Update
Atlas Salt Corporate Update St. John’s, Newfoundland and Labrador, May 19, 2022 – Atlas Salt (the “Company” or “Atlas” – TSXV: SALT), 100% owner of North America’s premier undeveloped high-grade salt project, is pleased to provide the following update: Great Atlantic Project The ongoing drill program at Great Atlantic has extended the massive homogeneous high-grade salt deposit by approximately half a kilometer to the northeast and half a kilometer to the northwest through the first two significant step-out holes (CC-6 and CC-7), with further details to come; Geotechnical data continue to support the objective of accessing the large Great Atlantic deposit, unusually shallow by industry standards and still open in all directions, through an inclined ramp as a unique and highly efficient mining method among North American salt deposits, subject to final feasibility assessment; Atlas has retained a North American firm for special corporate advisory services, in advance of the completion […]