GREAT ATLANTIC SALT PROJECT
It's time to pass the salt.
100+ Year Salt Project.
- 1.4 billiontonnesgrading 95.6% NaCl(NI 43-101 independently verified Inferred resource)
- Resource modelling indicates a “tremendous continuity” of the salt resource with average thickness of ~250 m
- Distance to the top of the salt formation varies from 200 m to 400 m
The strategically located Great Atlantic Salt Project can serve significant local Maritime demand and is uniquely positioned to capture market share from overseas countries with higher shipping costs.
- North America remains a consistent significant net importer of road salt
- USA imports millions of tons per year from Chile, Egypt and Morocco
- Approx. 25 million tonnes of salt ($58 U.S. per tonne) is scattered on U.S. roads annually – about 150 pounds for every American
SALT PROJECT
Logistics are everything.
Multiple Logistical Advantages:
- Nearby deep water ports
- Next to Trans Canada Highway
- High voltage power on site
- Skilled local workforce
- Straightforward mining and processing
- Brownfield Site
- Logistics