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Atlas Salt

TSXV:SALTLive AI agent

Atlas Salt is developing the Great Atlantic project, a unique and differentiated salt mining operation located on Newfoundland's west coast.

Investor website: https://atlassalt.com/

About

Atlas Salt is developing the Great Atlantic project, a unique and differentiated salt mining operation located on Newfoundland's west coast. The project benefits from a strategic location with existing infrastructure, innovative design focused on sustainability, and aims to set a new standard in the mining industry with its low greenhouse gas emissions.

Verified company data

Cash position
$10.4 M
Shares outstanding
110.7 M
Fully diluted shares
119.0 M
Mineral resource
The Great Atlantic deposit is a flat-lying, laterally extensive, high-purity halite formation with minimal insoluble content. The Mineral Resource estimate is unchanged from the 2023 FS, with a new effective date of September 30, 2025. Indicated: 383 Mt at 96.0% NaCl (368 Mt contained NaCl); Inferred: 868 Mt at 95.2% NaCl (827 Mt contained NaCl). Probable Mineral Reserves: 95.0 Mt at 95.9% NaCl (91.1 Mt contained NaCl).
Projects
["Great Atlantic Salt Project: A long-life, electric-based operation accessed through inclined ramps instead of vertical shafts — next to a deepwater port, confirmed by an independent Updated Feasibility Study. The project aims to develop an underground operating mine capable of producing 4.0 Mtpa of rock salt over a 24-year mine life. The project includes a detailed feasibility study conducted by SLR Consulting, with significant improvements in production rate, NPV, and operating costs compared to previous studies. The project is located near St. George's, Newfoundland, with established logistics including a deepwater port, power, and road access."]
Leadership
Nolan K. Peterson (Chief Executive Officer & Director, An experienced MBA, Professional Engineer, PMP, and CFA Charterholder with over 20 years of experience in strategy, finance, corporate development and project development, primarily within the mining, infrastructure and energy industries.), Mark Stewart (Chief Financial Officer, Brings more than 25 years of broad executive finance leadership across public mining and industrial companies, with extensive experience in project finance, treasury, capital allocation, and corporate finance.), Robert Booth (Chief Operating Officer, Has successfully executed more than $1.5 billion in large capital projects over the past 7 years, demonstrating operational excellence and high standards of cost and quality control.), Andrew Smith (Director of Project Strategy & Execution, A seasoned mining engineering professional with over a decade of experience in mining engineering and project management, specializing in project controls and contract management.), Sherry Lynn Brake (Director of Finance, An experienced finance and administration professional with more than 26 years of experience in the public sector and the mining industry.), Julie Durant (Director of Marketing, Over two decades in capital markets communications and C-Suite advisory, founder of the C-Suite Concierge.), Patrick Laracy (Chairman & Director, Founder of the company with over 30 years of industry experience in various technical and executive capacities.), Rowland Howe (Director, A chartered Engineer with a 30-year background in the salt industry, former Mine General Manager at Goderich.), F. Carson Noel (Director, A former lawyer and business consultant with more than 20 years of experience with exchange-listed companies.), Fraser H. Edison (Director, Has experience in finance, construction, oil and gas, and transportation management.), Bob Kelly (Director, A Professional Geoscientist with over 40 years of comprehensive mining senior management experience.)

Verified data last updated:

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