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Atlas Salt Inc. Files Amended Technical Report for Great Atlantic Salt Project

Atlas Salt Inc. announced the submission of an amended technical report for its Great Atlantic Salt Project. This update follows a routine review by the British Columbia Securities Commission. The original report, prepared by SLR Consulting and filed in October 2023, outlined plans for a 2.5 Mtpa rock salt underground mining operation. The mining process involves the room and pillar method with subsequent salt processing underground.

The amended report confirms the continuation of the base case scenario from the original feasibility study without changing the mineral resource and reserve estimates or financial assumptions. Key updates include the removal of a preliminary economic assessment for an expansion scenario and minor adjustments to comply with Form 43-101F1 standards.

Qualified by Patrick J. Laracy and in line with Canadian regulatory requirements, the revised document can be accessed through the company's website and the SEDAR+ platform. Atlas Salt emphasizes its commitment to responsible mining practices and the delivery of high-quality salt to the North American market.

R. H.

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