Atlas Salt is Advancing the Great Atlantic Salt Project with an Updated Feasibility Study
Atlas Salt is Advancing the Great Atlantic Salt Project with an Updated Feasibility Study St. John’s, Newfoundland and Labrador – June 9, 2025 – Atlas Salt Inc. (“Atlas Salt” or the “Company”} (TSXV: SALT; OTCQB: REM RF} is advancing an Updated Feasibility Study (the “UFS” or “FUS”) for the Great Atlantic Salt Project (the “Project”) in Newfoundland and Labrador, Canada. Building on the Feasibility Study completed in 2023, this UFS will incorporate significant advancements and optimizations to enhance the Project’s development strategy. The UFS will focus on optimizing the production rate while balancing capital expenditure, refining mine planning parameters, and integrating recently completed technical studies to improve operational efficiency and economic outcomes;with the ultimate objective of supporting ongoing financing activities. Key Objectives of the Updated Feasibility Study Production Optimization: Assessment of an increased, optimized production rate taking into consideration mine design, throughput capabilities, and market alignment. Refined Mine Plan and […]