Atco Mining Inc. announced that it has completed 255 km line-kilometres of its 1,184 line-km airborne gravity survey (the "Survey") on its 100%-owned Apollo, Adonis, Rocky and Eagle Salt Projects, located within the St. George's Bay Basin in southwestern Newfoundland. The Company plans to complete the rest of its survey by the end of this month with results to follow shortly thereafter.

The Survey consists of a Falcon® Plus airborne gravity gradiometer ("AGG") and magnetics survey to be completed by Xcalibur Multiphysics of Mississauga, Ontario. Falcon® is the world's only purpose-built AGG system, designed to isolate aircraft motion noise. The Survey will be managed and interpreted by GroundTruth Exploration ("GroundTruth") of Dawson City, Yukon.

GroundTruth will complete the interpretation of Atco's survey area in order to define potential salt dome structures that are defined by gravity-low features. Gravity surveying has proven to be an effective tool in the St. Georges Bay Basin and other areas to define potential salt dome structures.

For example, Atlas Salt Inc. recently defined an additional potential salt dome next to its Fischell's Brook Salt Dome deposit using gravity surveying.