Latest news with #GreatAtlanticSaltProject
Associated Press
07-05-2025
- Business
- Associated Press
Atlas Salt Appoints Andrew Smith, P.Eng., ICD.D as Project Director & General Manager
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR / ACCESS Newswire / May 7, 2025 / Atlas Salt Inc. ('Atlas Salt' or the 'Company') (TSXV:SALT)(OTCQB:REMRF) is pleased to announce the appointment of Andrew Smith, ICD.D to the position of Project Director & General Manager for the Company's flagship Great Atlantic Salt Project. Since joining Atlas Salt in 2023 as Mine Project Manager, Mr. Smith has played a pivotal role in advancing the Great Atlantic Salt Project through the successful completion of the environmental assessment process, geotechnical drilling and field data collection, and significant progress toward securing provincial regulatory approvals for early works construction. His leadership has been instrumental in establishing rigorous project controls and governance frameworks while driving key permitting, financing, and procurement initiatives. In this expanded role, Mr. Smith will lead the integrated delivery of the project, oversee execution of the capital program, and guide operational readiness efforts. Near-term priorities include: Enhancing and executing the Project's integrated governance framework, management systems, and implementation strategy in preparation for construction. Collaborating with Endeavour Financial to advance the Company's project financing strategy and engagement with capital providers. Working with ICI Innovations and other technical partners to finalize construction-phase permits and regulatory approvals from the provincial authority, building on the project's prior release from the environmental assessment process. Supporting the Company's commercial strategy through the development and expansion of long-term offtake agreements. 'Andrew's appointment reflects the exceptional leadership, professionalism, and execution discipline he has brought to the Great Atlantic Salt Project' said Patrick Laracy, Chairman of Atlas Salt. " His expanded role is critical as we advance toward construction, ensuring we meet our objectives with the highest standards of safety, sustainability, and community engagement.' 'I am honored to take on this expanded role and lead the Great Atlantic Salt Project into its next phase,' said Andrew Smith. 'This is a world-class project, and I look forward to continuing to work alongside our partners, communities, and the Atlas Salt team to safely and responsibly build Newfoundland and Labrador's next major mine.' For further information and ongoing updates, please visit The scientific and technical information contained in this news release has been approved by Andrew Smith, ICD.D, Project Director and General 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 [email protected] (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. press release
Associated Press
14-04-2025
- Business
- Associated Press
Atlas Salt Completes Geotechnical Drilling and In-Field Data Collection for Great Atlantic Salt Project
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 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 . The scientific and technical information contained in this news release has been approved by Andrew Smith, 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 (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. press release
Associated Press
03-03-2025
- Business
- Associated Press
Atlas Salt Submits Early Works Development Plan for Great Atlantic Salt Project
ST. JOHN'S, NEWFOUNDLAND AND LABRADOR / ACCESS Newswire / March 3, 2025 / Atlas Salt Inc. ('Atlas Salt' or the 'Company') (TSXV:SALT)(OTCQB:REMRF) is pleased to announce the formal submission of the Early Works Mine Development and Rehabilitation and Closure Plan (the 'Early Works Development Plan') to the Department of Industry, Energy and Technology for the Government of Newfoundland and Labrador, for the Great Atlantic Salt Project (the 'Project') in Newfoundland and Labrador, Canada. The submission of the Early Works Development Plan marks a critical milestone in advancing the Project toward construction. This plan outlines the phased approach for site preparation and early-stage infrastructure development, ensuring regulatory compliance while de-risking key project components ahead of full-scale mine construction. Key Components of the Early Works Development Plan Site Preparation: Clearing and grubbing activities, stockpile pad grading, and initial earthworks to establish the mine site footprint. Primary and Secondary Access Roads: Construction of a 1.3 km primary access road from Steel Mountain Road and a 300 m secondary access route along the planned conveyor corridor. Surface Infrastructure: Development of laydown areas, temporary construction facilities, and essential utilities to support subsequent project phases. Sediment and Erosion Control Measures: Implementation of stormwater management systems, catchment ditches, and a temporary settling basin to mitigate environmental impacts. Regulatory Compliance and Permitting: Submission of required approvals for road access, site disturbance, and water management infrastructure, ensuring alignment with provincial environmental guidelines. The Early Works Development Plan enables Atlas Salt to initiate critical site activities ahead of full project execution, accelerating timelines for major construction phases. By proactively addressing key infrastructure and environmental management requirements, the Company aims to optimize the transition into mine development while maintaining a rigorous approach to regulatory compliance. Richard LaBelle, CEO of Atlas Salt, commented: 'The submission of the Early Works Development Plan represents another significant step in de-risking the Great Atlantic Salt Project and positioning Atlas Salt as a leading low-cost producer in the North American salt market. This milestone ensures we remain on track for the timely development of critical project infrastructure, paving the way for commercial production.' Pending governmental review and approval, Early Works construction is expected to commence in 2025, with subsequent phases progressing in alignment with the overall project schedule. For further information and ongoing updates, please visit 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: Richard LaBelle, CEO (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.
Associated Press
05-02-2025
- Business
- Associated Press
Atlas Salt Secures $1,000,000 in ACOA Funding for Low Emission Mine Design & Optimization Initiative for Great Atlantic Salt Project
ST JOHN'S, NL / ACCESS Newswire / February 5, 2025 / Atlas Salt Inc. ('Atlas Salt' or the 'Company') (TSXV:SALT)(OTCQB:REMRF) is pleased to announce that it has secured a C$1,000,000 conditionally repayable loan from the Atlantic Canada Opportunities Agency (ACOA) under the Regional Economic Growth through Innovation (REGI) program. The funding will support the Company's innovative Mine Design and Optimization Initiative, which focuses on reducing greenhouse gas (GHG) emissions and implementing sustainable mining technologies at the Great Atlantic Salt Project. ACOA Funding for Low GHG Mine Design Program In a further step towards the development of the Great Atlantic Salt Project, the Company has secured a C$1,000,000 conditionally repayable loan from the Atlantic Canada Opportunities Agency (ACOA) under the Regional Economic Growth through Innovation (REGI) program. This funding will advance the low GHG Mine Design and Optimization Program, focusing on battery electric vehicles, mine optimization and conducting geotechnical and hydrological studies to support future construction. The initiative is a key part of the Great Atlantic Salt Project, an underground salt mine being developed on the west coast of Newfoundland and Labrador. Once operational, it will be the first major salt producer to launch in Eastern North America in decades and is expected to create up to 300 full-time construction jobs and 170 permanent positions during operations. Key details of the ACOA loan include: This funding from ACOA aligns with Canada's commitment to fostering sustainable economic growth and resource development in Atlantic Canada. By advancing next-generation mining solutions, Atlas Salt is contributing to the region's long-term prosperity and environmental leadership. Richard LaBelle, CEO of Atlas Salt, commented: 'This initiative is not just about innovation, it's about building a stronger, more sustainable future for Newfoundland and Labrador. By integrating advanced automation and low-emission mining technologies, we are creating new economic opportunities while minimizing environmental impact. Thanks to ACOA's support, the Great Atlantic Salt Project is moving one step closer to becoming a world-class operation that will benefit our province for generations.' The Honourable Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for ACOA, said: 'This investment from your federal government is about helping Atlas Salt find new ways to boost our economy here in Newfoundland and Labrador. Mining has been part of our history for generations; embracing new technologies, we are setting the stage for an even brighter future right here at home.' For further information and ongoing updates, please visit 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: Richard LaBelle, CEO (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.
