Atlas Salt announces that the Minister of Environment and Climate Change has requested, and Atlas Salt has agreed to, an extension of time to render a decision regarding the Company's Project Registration Document for the Great Atlantic Salt Project , pursuant to Part X of the Newfoundland and Labrador Environmental Protection Act. A decision by the Minister is expected by April 19, 2024. As outlined in the press release [...]
Atlas Salt is pleased to announce the submission of the Project Registration Document for the Great Atlantic Salt Project, pursuant to Part X of the Newfoundland and Labrador Environmental Protection Act. This submission represents a crucial milestone in the Project's development and path to financing, construction and unlocking shareholder value. The Registration outlines the Company's dedication to innovation [...]
Atlas Salt is pleased to announce the results of a Greenhouse Gas Emissions Inventory Report for its Great Atlantic Salt Project by Stantec Consulting Ltd. . Highlights include: Operational GHG emissions significantly lower than industry standard. Sustainable use of state-of-the art battery electric mining technologies. The annual direct GHG emissions from mine operations are comparable to those of just four Newfoundland [...]
Atlas Salt is pleased to announce that, following the recent completion of its robust Feasibility Study and recruitment of the core execution team, Atlas is focusing on implementing its project execution plan. The Path Forward: Key Strategies for De-Risking Mine Project Execution The project execution plan will mitigate the risks associated with key elements of the capital construction project, including those which are [...]
Atlas Salt is pleased to announce the formation of the Core Project Execution Team for the development of its new underground salt mine in St. Georges, Newfoundland. This strategic move underscores the company's commitment to excellence and its dedication to developing the Great Atlantic Salt Project. Core Project Execution Team Leading the team as Mine Project Manager, Andrew Smith, P. Eng., ICD.D, offers over a decade [...]
Atlas Salt shareholders approved all resolutions at the annual general and special meeting of shareholders today in St. John’s. All individuals nominated for the board of directors were elected, being Rick LaBelle, Patrick Laracy, Rowland Howe, Carson Noel, Fraser Edison and Marc Boissonneault. The Company welcomes Mr. Boissonneault P.Eng. MBA to the Board. Mr. Boissonneault is an accomplished mining industry professional [...]
Atlas Salt announces that further to its news release of August 28, 2023, the Company has filed a technical report on SEDAR presenting the results of a Feasibility Study of the Great Atlantic Salt Project on the west coast of Newfoundland in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects. The report is entitled "Technical Report on the Great Atlantic Salt Project, Newfoundland [...]
Atlas Salt has secured a top-tier build team for its Great Atlantic Salt Project to develop North America's premier undeveloped high-grade salt deposit, 100% owned by Atlas and strategically. An independent Feasibility Study from SLR Consulting, released August 28, 2023, gave the project a pre-tax NPV of $1.017 billion with a 23% IRR based on a 34-year mine life at a production rate of 2.5 million tonnes per year and a [...]
Atlas Salt announces that the Company's board of directors has approved the grant of 890,000 restricted share units and 1,560,000 performance share units to certain directors and officers of the Company. All security based compensation was granted pursuant to the Company's Equity Incentive Plan and are ?subject to shareholder approval, the terms of the applicable grant agreements and the requirements of the TSX Venture [...]
Atlas Salt is pleased to announce the results of a Feasibility Study and updated Mineral Resource estimate prepared by SLR Consulting Ltd. on its 100%-owned Great Atlantic Salt Project. The FS represents a significant economic improvement over the Preliminary Economic Assessment, also completed by SLR, released by Atlas Jan 30, 2023. In addition, SLR has also provided an expansion case to 4.0 million tonnes per year of [...]
Atlas Salt is pleased to announce the appointment of Mr. Rick LaBelle as Chief Executive Officer and Director of the Company. Mr. LaBelle brings a stellar track record of operational expertise and private equity success to the CEO position for Atlas Salt at a transformational moment in the Company's history. Rick LaBelle Highlights: 40 years' experience in the mining sector, including 27 at the executive leadership level [...]
Atlas Salt is pleased to report that it expects to receive the independent Feasibility Study for the Great Atlantic Project from SLR Consulting Ltd. by mid-August 2023. Mr. Rowland Howe, Atlas President, commented: "This will be the first Feasibility Study for a project such as this in North America in many years, which underscores how unique Great Atlantic is. More than 30 years in this business has demonstrated to me [...]