Potential for Hydrogen Storage

Atco is also very well positioned with its 100% -owned Blue Moon South Property which is located 12km to the southwest of the Atlas Salt’s deposit and also located in the North West Corner of the Fischells Brook Salt Dome where Atlas’ new company, Triple Point Resources, is currently exploring the property for the potential of Hydrogen storage. Atco believes that there is also potential for hydrogen storage on its Blue Moon Property.

Blue Moon South’s Claim 032289m is located 10.4 km to the south, southwest of Atco’s Lunar North Project claim boundary. It has a historical drill hole (“LR-98-01”) which was drilled to a depth of 771.23 meters and intersected a salt dome at approximately 668.66 meters through to 706.0 meters. This 37-meter-wide salt dome will be further explored for potential hydrogen storage as it is located at the required depth of between 500 to 1500 meters where most hydrogen is stored.