Independent Preliminary Economic Assessment Technical Report FOR Atlas Salt’S Great Atlantic Filed ON SEDAR
TSXV: SALT
333 Duckworth Street, St. John's
NL, A1C 1G9
Telephone: (709) 754-3186
Fax: (709) 754-3946
AtlasSalt.com
INDEPENDENT PRELIMINARY ECONOMIC
ASSESSMENT TECHNICAL REPORT FOR
ATLAS SALT’S GREAT ATLANTIC FILED ON SEDAR
St. John’s, Newfoundland and Labrador, March 16, 2023 – Atlas Salt (the “Company” or “Atlas” –
TSXV: SALT; OTCQB: REMRF ) announces that further to its news release of January 30, 2023, the
Company has filed a technical report on SEDAR in accordance with National Instrument 43-101 - Standards
of Disclosure for Mineral Projects for the Great Atlantic Salt Project on the west coast of Newfoundland.
The report is entitled “Technical Report on the Great Atlantic Salt Project, Newfoundland and Labrador,
Canada, Report for NI 43-101”. The report was prepared by SLR Consulting (Canada) Ltd. and has an effective
date of January 30, 2023. A link to the report is also available on the Company’s website at www.atlassalt.com.
Corporate Video
Click on the following link to view Atlas Salt’s latest corporate video:
https://youtu.be/RlH5--Q2Vu0
Project Map
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 located immediately next to a deep
water port. Atlas is also the largest shareholder in Triple Point Resources as it pursues development of the
Fischell’s Brook Salt Dome in the heart of an emerging Clean Energy Hub on the west coast of
Newfoundland.
We seek Safe Harbor.
For information, please contact:
Patrick J. Laracy, CEO
(709) 754-3186
Email: [email protected]
MarketSmart Communications Inc.
Adrian Sydenham
Toll-free: 1-877-261-4466
Email: [email protected]
Forward-Looking Statements
This press release and the report referenced herein 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 relate to, among other things: completion, delivery and timing of
the referenced assessments and analysis and assumptions related thereto including access to existing infrastructure. 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 the referenced
assessments and analysis. 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.
TSX Venture Exchange Disclaimer
Neither the TSX V enture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.