ATLAS SALT CORPORATE UPDATE
ATLAS SALT CORPORATE UPDATE St. John’s, Newfoundland and Labrador, May 18, 2023 – Atlas Salt (the “Company” or “Atlas” – TSXV: SALT; OTCQB: REMRF; FSE: 9D00), 100% owner of North America’s premier undeveloped high-grade salt project on the west coast of Newfoundland, is pleased to provide the following corporate update: Great Atlantic Project Atlas has completed a successful 4-hole geotechnical drill program at Great Atlantic aimed at providing valuable additional information on the underground decline route and surface portal entry for the first North American salt deposit to be accessed through inclined ramps vs. vertical shafts. Mr. Rowland Howe, President of Atlas Salt, commented: “This latest work further supports Great Atlantic as a unique asset in the North American road salt market. Given the conservative assumptions in the Preliminary Economic Assessment, this data will assist in the process of optimizing the Feasibility Study.” Hole D-1, approximately midway along the decline […]