Atlas Drills Another Large Step-Out at Great Atlantic
TSXV: SALT
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Telephone: (709) 754-3186
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AtlasSalt.com
ATLAS DRILLS ANOTHER LARGE STEP-OUT
AT GREAT ATLANTIC
St. John’s, Newfoundland and Labrador, June 10, 2022 - Atlas Salt (the “Company” or “Atlas” - TSXV:
SALT) is pleased to report that as the Company progresses toward completion of its Great Atlantic Feasibility
Study, drilling of another significant step-out hole has commenced approximately 300 metres east of CC-4
which cut a gross thickness of 335 metres grading 96.8% salt starting just 190 meters downhole.
Mr. Rowland Howe, President of Atlas, commented: “The already known extent of the high-grade
homogeneous salt deposit at Great Atlantic is impressive to say the least. We eagerly anticipate results from
this particular hole, both in terms of further defining this large and relatively shallow deposit and optimizing
the mine design for the FS.”
“We also look forward to an upcoming Great Atlantic Project site visit for invited investors.”
“Mr. Salt” at PDAC
Atlas is pleased to be exhibiting in the Investors Exchange at PDAC Monday, June 13, through Wednesday,
June 15. Company representatives including Rowland Howe and CEO Patrick Laracy will be available to
meet with shareholders and potential new investors at Booth IE 2337.
Atlas Lists on Frankfurt Stock Exchange
The Company’s shares have been approved for listing on the Frankfurt Stock Exchange (“FSE”) under the
symbol “9D00”.
CEO Laracy stated, “There is growing interest among European investors in our flagship Great Atlantic
Project and the upcoming spinout of other Atlas salt assets in the broader Bay St. George district. The FSE
listing is timely and will expand our trading exposure.”
Atlas Retains Sagacity Capital Media
Atlas has retained Sagacity Capital Media for a term of one year to provide advertising and marketing services
for the Company for a total fee of $39,000 (plus tax). They’ve also been granted 125,000 consultant stock
options exercisable at $2.25 per share for a period of one year, subject to TSX Venture Exchange approval.
Video - Rowland Howe
Click on the following link as Rowland Howe discusses the Great Atlantic Salt Project.
https://youtu.be/rMPrhbQuq8c
Great Atlantic Salt Project
Qualified Person
Patrick J. Laracy, P.Geo, and CEO, is the Qualified Person responsible for the technical contents of this news
release as defined in National Instrument 43-101.
About Atlas Salt
Bringing the Power of S ALT to Investors: Atlas Salt owns 100% of the Great Atlantic salt deposit
strategically located in western Newfoundland in the middle of the robust eastern North America road salt
market. The project features a large homogeneous high-grade resource. Atlas also owns the Fischell’s Brook
Salt Dome with plans to spin out that asset into a separate company as a potential renewable energy storage
opportunity.
We seek Safe Harbor.
For information, please contact:
AtlasSalt.com
Patrick J. Laracy, CEO
(709) 754-3186
MarketSmart Communications Inc.
Adrian Sydenham
Toll-free: 1-877-261-4466
Email: [email protected]
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
This release may contain certain forward -looking statements. Actual events or results may differ from the Company’s
expectations. Certain risk factors beyond the Company’s control may affect the actual results achieved. Accordingly, readers
are advised not to place undue reliance on forward -looking information. Except by law, the Company undertakes no
obligation to publicly update or revise forward-looking information.