The newly staked claims named The Eagle Salt Project (the “ Project ”) are 100% owned by Atco and are located just 15km south of Triple Point Resources’ (Atlas Salt’s – TSXV:SALT new spinout) Fischell’s Brook Salt Dome Project and 5km east of their St. Fintan’s Salt Project. The Eagle Salt Project consists of mineral claims totaling 10,575 hectares.

The Project is located at the southern end of the St. George Bay Basin. The underlying geology is mapped as the Codroy Group and Barachois Group geological strata. The nearby Fischell’s Brook Salt Dome Project of Atlas Salt contains salt dome formations within the base of the Codroy Group. Thus, the newly acquired Project contains potential for salt resources and/or sub-surface salt domes.