Atlas Salt Announces De-risked Development Schedule for Great Atlantic Salt Project
Atlas Salt Announces De-risked Development Schedule for Great Atlantic Salt Project St. John’s, Newfoundland and Labrador – August 12, 2024 – Atlas Salt Inc. (“Atlas Salt” or the “Company”) (TSXV: SALT; OTCQB: REMRF) is pleased to announce a derisked development schedule for the Great Atlantic Salt Project (the “Project”) with 3rd party review and verification by Tamkali Limited (“Tamkali”), an independent provider of Project Development and Control Services with a focus on the Mining Industry. The Company previously disclosed a schedule for the Project in a technical report, supported by a feasibility study (“Feasibility Study”) prepared by SLR Consulting (Canada) Ltd. (“SLR”), which was filed on SEDAR+ on October 12, 2023, as amended and refiled on May 1, 2024. That feasibility schedule assumed a duration of 62 months, following project sanctioning that does not account for sourcing, timing and preconditions for securing financing, all of which were not part of […]