Atlas Salt Completes Geotechnical Drilling and In-Field Data Collection for Great Atlantic Salt Project
Atlas Salt Inc. (TSXV:SALT)(OTCQB:REMRF) has announced the completion of geotechnical drilling and in-field data collection at its Great Atlantic Salt Project in western Newfoundland. The program focused on gathering critical information along the proposed decline path, including rock quality, structural conditions, and groundwater characteristics.
The company is now proceeding with data analysis and reporting, with final results expected in Q3 2025. The collected data will be used to refine strategies for decline construction and dewatering, aimed at reducing geotechnical risks and improving underground mine development efficiency.
Atlas Salt is working with Terrane Geoscience Inc. and GEMTEC Consulting Engineers and Scientists to interpret the data and incorporate it into detailed design parameters for the decline and box cut, supporting the development of a comprehensive capital development plan.
Atlas Salt Inc. (TSXV:SALT)(OTCQB:REMRF) ha annunciato il completamento delle perforazioni geotecniche e della raccolta di dati in campo presso il suo Great Atlantic Salt Project nella parte occidentale di Newfoundland. Il programma si è concentrato sulla raccolta di informazioni critiche lungo il percorso di declino proposto, inclusi la qualità della roccia, le condizioni strutturali e le caratteristiche delle acque sotterranee.
L'azienda sta ora procedendo con l'analisi dei dati e la redazione dei rapporti, con risultati finali attesi nel Q3 2025. I dati raccolti verranno utilizzati per perfezionare le strategie di costruzione del declino e di drenaggio, con l'obiettivo di ridurre i rischi geotecnici e migliorare l'efficienza dello sviluppo della miniera sotterranea.
Atlas Salt sta collaborando con Terrane Geoscience Inc. e GEMTEC Consulting Engineers and Scientists per interpretare i dati e integrarli in parametri di design dettagliati per il declino e il taglio a scatola, supportando lo sviluppo di un piano di sviluppo capitale completo.
Atlas Salt Inc. (TSXV:SALT)(OTCQB:REMRF) ha anunciado la finalización de la perforación geotécnica y la recopilación de datos en el campo en su Great Atlantic Salt Project en el oeste de Newfoundland. El programa se centró en recopilar información crítica a lo largo de la ruta de declive propuesta, incluidos la calidad de la roca, las condiciones estructurales y las características del agua subterránea.
La empresa ahora está procediendo con el análisis de datos y la elaboración de informes, con resultados finales esperados para el Q3 2025. Los datos recopilados se utilizarán para refinar las estrategias de construcción del declive y desagüe, con el objetivo de reducir los riesgos geotécnicos y mejorar la eficiencia del desarrollo de la mina subterránea.
Atlas Salt está trabajando con Terrane Geoscience Inc. y GEMTEC Consulting Engineers and Scientists para interpretar los datos e incorporarlos en parámetros de diseño detallados para el declive y el corte de caja, apoyando el desarrollo de un plan de desarrollo de capital integral.
Atlas Salt Inc. (TSXV:SALT)(OTCQB:REMRF)는 서부 뉴펀들랜드에 위치한 Great Atlantic Salt Project에서 지질 공학적 시추와 현장 데이터 수집을 완료했다고 발표했습니다. 이 프로그램은 제안된 하강 경로를 따라 암석 품질, 구조적 조건 및 지하수 특성을 포함한 중요한 정보를 수집하는 데 중점을 두었습니다.
회사는 이제 데이터 분석 및 보고서를 진행 중이며, 최종 결과는 2025년 3분기에 예상됩니다. 수집된 데이터는 하강 구조물 및 배수 전략을 개선하여 지질 공학적 위험을 줄이고 지하 광산 개발 효율성을 높이는 데 사용될 것입니다.
Atlas Salt는 Terrane Geoscience Inc. 및 GEMTEC Consulting Engineers and Scientists와 협력하여 데이터를 해석하고 하강 및 박스 컷을 위한 세부 설계 매개변수에 통합하여 포괄적인 자본 개발 계획 수립을 지원하고 있습니다.
Atlas Salt Inc. (TSXV:SALT)(OTCQB:REMRF) a annoncé l'achèvement des forages géotechniques et de la collecte de données sur le terrain pour son Great Atlantic Salt Project dans l'ouest de Terre-Neuve. Le programme s'est concentré sur la collecte d'informations critiques le long du chemin de déclin proposé, y compris la qualité des roches, les conditions structurelles et les caractéristiques des eaux souterraines.
L'entreprise procède maintenant à l'analyse des données et à la rédaction de rapports, avec des résultats finaux attendus au T3 2025. Les données collectées seront utilisées pour affiner les stratégies de construction du déclin et de drainage, dans le but de réduire les risques géotechniques et d'améliorer l'efficacité du développement de la mine souterraine.
Atlas Salt collabore avec Terrane Geoscience Inc. et GEMTEC Consulting Engineers and Scientists pour interpréter les données et les intégrer dans des paramètres de conception détaillés pour le déclin et la coupe en boîte, soutenant le développement d'un plan de développement de capital complet.
Atlas Salt Inc. (TSXV:SALT)(OTCQB:REMRF) hat den Abschluss der geotechnischen Bohrungen und der Datensammlung im Feld für sein Great Atlantic Salt Project im Westen von Neufundland bekannt gegeben. Das Programm konzentrierte sich darauf, kritische Informationen entlang des vorgeschlagenen Abwärtswegs zu sammeln, einschließlich der Gesteinsqualität, der strukturellen Bedingungen und der Eigenschaften des Grundwassers.
Das Unternehmen geht nun zur Datenanalyse und Berichterstattung über, wobei die endgültigen Ergebnisse im Q3 2025 erwartet werden. Die gesammelten Daten werden verwendet, um Strategien für den Abbau und die Entwässerung zu verfeinern, mit dem Ziel, geotechnische Risiken zu reduzieren und die Effizienz der Entwicklung des Untertagebaus zu verbessern.
Atlas Salt arbeitet mit Terrane Geoscience Inc. und GEMTEC Consulting Engineers and Scientists zusammen, um die Daten zu interpretieren und in detaillierte Entwurfsparameter für den Abbau und den Box-Cut zu integrieren, um die Entwicklung eines umfassenden Kapitalentwicklungsplans zu unterstützen.
- Successful completion of geotechnical drilling program on schedule
- Project de-risking through comprehensive data collection
- Progress toward construction phase with detailed technical parameters
- Final results not available until Q3 2025, indicating several months of continued preliminary work
- Additional construction and development phases still pending completion of analysis
ST. JOHN'S, NL / ACCESS Newswire / April 14, 2025 / Atlas Salt Inc. ("Atlas Salt" or the "Company") (TSXV:SALT)(OTCQB:REMRF) is pleased to announce the successful completion of the geotechnical drilling and in-field data collection phase of its Geotechnical Drilling and Investigation Program at the Great Atlantic Salt Project in western Newfoundland. Data analysis and reporting activities remain underway, with final results anticipated in Q3 2025.
Geotechnical Drilling and Investigation Program Milestones
Completion of Fieldwork: The Company has finalized all drilling and in-field geotechnical data acquisition along the proposed decline path, gathering critical information on rock quality, structural conditions, and groundwater characteristics.
Data Analysis: The evaluation of core samples, core logging and hydrogeological data has commenced and will continue over the coming months. A geotechnical and hydrogeological report will guide the next stages of detailed design and construction.
Risk, Safety and Efficiency: The program's findings significantly de-risks the project and will be used to refine strategies for decline construction and decline dewatering, reducing geotechnical risks and ensuring a more efficient underground mine development process.
Robert Booth, Vice President of Construction & Engineering for Atlas Salt, commented: "Completing the field portion of our Geotechnical Drilling and Investigation Program on schedule is a major achievement for the Great Atlantic Salt Project. The data we've collected will help us make informed decisions that reduce risk, and enhance both safety and cost efficiency as we move toward construction."
The Company, in collaboration with Terrane Geoscience Inc. and GEMTEC Consulting Engineers and Scientists Ltd, will now focus on interpreting the data collected, incorporating it into detailed design parameters for the decline and box cut. This crucial process, which is expected to conclude in Q3 2025, lays the groundwork for a safe and robust capital development plan that meets the Company's technical, environmental, and operational objectives.
For further information and ongoing updates, please visit https://atlassalt.com.
The scientific and technical information contained in this news release has been approved by Andrew Smith, P.Eng., Mine Project Manager, who is a "Qualified Person" for the purposes of NI 43-101.
About Atlas Salt Inc.
Atlas Salt Inc. is developing Canada's next salt mine and is committed to responsible and sustainable mining practices. With a focus on innovation and efficiency, the company is poised to make significant contributions to the North American salt market while upholding its values of environmental stewardship and community engagement.
For information, please contact:
Patrick Laracy, Chairman
investors@atlassalt.com
(709) 739-9545
We seek safe harbor.
Cautionary Statement
Neither the TSX Venture Exchange nor its Regulation Services Provider, (as the term is defined in the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This press release includes certain "forward-looking information" and "forward-looking statements" (collectively "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein, without limitation, statements relating to the future operating or financial performance of the Company, are forward-looking statements. Forward-looking statements are frequently, but not always, identified by words such as "expects", "anticipates", "believes", "intends", "estimates", "potential", "possible", and similar expressions, or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved. Forward-looking statements in this press release relate to, among other things: obtaining financing, completion, delivery and timing of project components and requirements, and analysis and assumptions related thereto. Actual future results may differ materially. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements reflect the beliefs, opinions and projections on the date the statements are made and are based upon a number of assumptions and estimates that, while considered reasonable by the respective parties, are inherently subject to significant business, technical, economic, and competitive uncertainties and contingencies. Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements and the parties have made assumptions and estimates based on or related to many of these factors. Such factors include, without limitation: the timing, completion and delivery of required permits, supply arrangements and financing. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these times. Except as required by law, the Company does not assume any obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.
SOURCE: Atlas Salt Inc.
View the original press release on ACCESS Newswire
FAQ
When will Atlas Salt (REMRF) complete the final geotechnical report for the Great Atlantic Salt Project?
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What is the next phase for Atlas Salt's (REMRF) Great Atlantic Salt Project after completing field work?
