Salt is an essential element however, there is a possibility of a production shortfall. This company is developing the Great Atlantic salt project in western Newfoundland, strategically located in the robust road de-icing market of eastern North America. Vulcan Minerals Inc. ( TSX-V: VUL) announced in a press release today that Atlas Salt Inc., an affiliated company, released Feasibility Study results as well as an updated Mineral Resource estimate on the Great Atlantic Salt Project that represents a significant economic improvement over the Preliminary Economic Assessment released in January.
The company has stated that the future of the road salt sector in North America has the potential to be extremely efficient, environmentally friendly, highly scalable and low-cost.
Shares were trading up at $0.22 in morning trade.
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