Atlas Salt Advances Equipment and Infrastructure Modelling for Great Atlantic Salt Project with SRK Consulting

Atlas Salt Inc. (TSXV:SALT, OTCQB:REMRF) has completed detailed simulation and modelling verification for the Great Atlantic Salt Project with SRK Consulting (Canada) Inc. This milestone validates the project's equipment requirements, material handling system, and port capabilities. The independent verification by SRK reduces the risk associated with project execution by confirming sustainable production rates. This supports Atlas Salt's decision-making process in equipment selection and operational planning.

Key findings of the study include the resolution of recommendations from the Feasibility Study, such as productivity reviews of continuous miners and haul trucks, optimized mining sequences, and further evaluations of cycle times and battery life.

Additionally, SRK confirmed the scalability of mobile mining equipment to higher production values, indicating flexibility in production increases. The material handling system and port infrastructure are verified to manage a production rate of at least 2.5 Mtpa, ensuring minimal disruptions.

Pierre O. Labrecque of SRK stated that the model validated the project's equipment and material handling systems, offering options for operational efficiency and reduced execution risks. CEO Richard LaBelle highlighted the model's affirmation of the project's feasibility and the project's potential for significant economic benefits.