Atco Mining Inc. announce that its contracted consultant, RESPEC Consulting Inc. (RESPEC), has completed an analysis of the previously announced 2-D seismic interpretation on its Eagle Salt Project ("Project Area"), located in Southwestern Newfoundland. RESPEC has identified at least one salt structure that it considers prospective for halite exploration, the mineral form of sodium chloride or road salt, which is potentially also suitable for hydrogen salt dome cavern development. The Golden gravity anomaly suggests the presence of low-density strata, such as salt, may be located in this target area.

However, this area currently lacks seismic data. Atco is scoping the completion of an additional 2D seismic survey in this area to define the dimensions of a potential salt structure. Completing additional 2D seismic surveys will also assist Atco in better defining the hydrogen storage capacity of the Project Area.