Atlas Salt Supports Memorial University Researchers with their Passive Array for Critical Minerals on the Island of Newfoundland
Atlas Salt Supports Memorial University Researchers with their Passive Array for Critical
Minerals on the Island of Newfoundland
T. GEORGE'S, NEWFOUNDLAND AND LABRADOR / ACCESS Newswire / August 7, 2025 / Atlas Salt Inc.
("Atlas Salt" or the "Company") (TSXV:SALT)(OTCQB:REMRF) announces that it is actively supporting
Memorial University of Newfoundland ("Memorial University") researchers with their Passive Array for
Critical Minerals on the Island of Newfoundland ("PACMIN") to help to better understand the geological
structures and the plate-tectonic processes that assembled the island hundreds of millions of years ago.
PACMIN is a joint initiative between Memorial University, Université du Québec à Montréal, and Yale
University, with financial and in-kind support from Natural Resources Canada and select business
partners. It has deployed a new network of 22 seismograph stations across Newfoundland to record
ground vibrations and use these signals to image the internal structure of the Earth beneath
Newfoundland. This information will improve the understanding of the deep tectonic processes that
played a role in the island's formation and will help to better determine the location of critical minerals
that are needed to facilitate the transition to a greener economy, a goal consistent with Atlas Salt's
business objectives.
In support of this initiative, PACMIN has installed a seismograph at one of Atlas Salt's facilities in St.
George's. The PACMIN project will run through the end of summer 2027.
Dr. J. Kim Welford, Principal Investigator for PACMIN and Associate Professor, Department of Earth
Sciences, Memorial University, commented, "Enhanced knowledge of the geological structure of
Newfoundland could help to provide economic benefits for future generations of Newfoundlanders. We
are pleased that corporate citizens of the Island of Newfoundland, particularly those with a direct
involvement in the mining community such as Atlas Salt, have offered their assistance with the PACMIN
project."
Nolan Peterson, CEO of Atlas Salt, added, "We are excited to be supporting Memorial University
researchers on this initiative. Atlas Salt has a strong commitment to increasing mining activities and
initiatives in the Province of Newfoundland and Labrador, and we believe the knowledge gained through
the PACMIN project will be of tremendous benefit in this respect. We look forward to building our
relationship with Memorial University, and we anticipate additional collaborations with academia in the
future."
About Atlas Salt
Atlas Salt 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:
Jeff Kilborn, CFO & VP Corporate Development
(709) 275-2009
We seek safe harbor.
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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-
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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
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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.