Atlas Salt Nears Economic Analysis for Great Atlantic
ATLAS SALT NEARS ECONOMIC ANALYSIS FOR GREAT ATLANTIC St. John’s, Newfoundland and Labrador, December 8, 2022 – Atlas Salt (the “Company” or “Atlas” – TSXV: SALT) is pleased to provide the following update on its 100%-owned Great Atlantic Project, North America’s premier undeveloped salt deposit in the heart of a large regional U.S./Canadian road salt market facing a significant domestic production shortfall. Highlights: Ongoing drilling, nearing completion, continues to confirm the large resource endowment of high-grade Great Atlantic salt and has yet to find the limits of this minimum 2.5-kilometer-long deposit trending northeast toward the Turf Point Port on the west coast of Newfoundland; Great Atlantic is unusually shallow by industry standards with geotechnical data continuing to support the objective of accessing this deposit through an inclined ramp as a unique and highly efficient mining method among North American salt deposits, subject to final Feasibility assessment; Project economics due shortly: SLR Consulting […]