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Atlas Salt Brings the Power of SALT to Investors!

Cautionary Statement/Disclaimer

This website includes certain statements that may be deemed “forward-looking” statements. All statements on this website (other than statements of historical fact) that address future business development, technological development and/or acquisition activities (including any related financings), timelines, events, or developments that the Company expects, are forward-looking statements.

Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance or results. Actual results or developments may differ materially from those in forward-looking statements.

Great Atlantic Resource Estimate

In its January 2023 Independent Preliminary Economic Assessment, SLR Consulting Canada (Ltd.) updated the Great Atlantic mineral resource estimate based on 2022 Atlas drilling. The resource estimate is in accordance with National Instrument 43-101 and is dated January 6, 2023. 
 
Analytical results for drill hole CC-9b (refer to March 23, 2023 NR) were not available prior to the effective date of the SLR Technical Report (Preliminary Economic Assessment – PEA) and are therefore not included in the current resource estimate. Inclusion of these results will upgrade the Great Atlantic salt resource in the coming Feasibility Study.
  1. CIM (2014) definitions were followed for Mineral Resources.
  2. Bulk density is 2.16 t/m3.
  3. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.
  4. Reasonable prospects for eventual economic extraction were demonstrated by reporting within mineable shapes at a cut-off grade of 90% NaCl resulting in composite resource grades exceeding 95%.

Other

None of the material on this website constitutes a recommendation to buy or sell any securities. Investors should consult with a licensed financial adviser before making any investment decisions.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined by the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of any of the material presented on this website.

Qualified Person

Mr. Patrick J. Laracy, CEO and Director of Atlas Salt Inc., has approved the scientific and technical content on this website and is the Qualified Person responsible for its accuracy. He is a member of the Professional Engineers and Geoscientists of Newfoundland and Labrador with over 30 years of industry experience in various technical and executive capacities.

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