- Atlas Salt (TSXV:SALT)(OTCQB:REMRF) completes geotechnical drilling for Great Atlantic Salt Project in Newfoundland.
- Data analysis and reporting underway, with final results expected by Q3 2025.
- Collaboration with Terrane Geoscience Inc. and GEMTEC Consulting Engineers aims to reduce geotechnical risks.
Atlas Salt Inc. (TSXV:SALT)(OTCQB:REMRF) has announced the successful completion of geotechnical drilling and in-field data collection for its Great Atlantic Salt Project located in western Newfoundland. This phase focused on gathering crucial information about rock quality, structural conditions, and groundwater characteristics, a move deemed essential for guiding future construction efforts.
The company is now in the process of analyzing collected data and preparing reports, with final results anticipated by the third quarter of 2025. The insights gained will be instrumental in refining strategies for decline construction and dewatering, thereby reducing geotechnical risks and enhancing the efficiency of underground mine development.
Atlas Salt is currently collaborating with Terrane Geoscience Inc. and GEMTEC Consulting Engineers and Scientists to interpret the data. This collaboration aims to incorporate detailed design parameters for the decline and box cut, forming the cornerstone of a comprehensive capital development plan. The detailed analysis and design phase is set to conclude by Q3 2025, paving the way for subsequent construction activities.
Robert Booth, Vice President of Construction & Engineering for Atlas Salt, highlighted the achievement, stating, "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."
For ongoing updates on the project, please visit the company's official website at https://atlassalt.com.
