(via TheNewswire)
RESPEC analyzed the gravity and 2-D seismic data provided by Atco to build a 3-D geology model of the apparent salt structure at the
RESPEC is currently working on estimating the total number of caverns that could potentially be solution mined in the salt structure and the potential total hydrogen storage capacity of the cavern field.
Highlights:
Ground gravity and 2-D seismic data were used to interpret the evaporite geology and build a 3-D geological model of the apparent salt structure at the
Flat Bay Project site;The maximum thickness of the salt structure is identified to be approximately 1,700 m;
Hydrogen storage salt caverns exceeding a storage volume of 2 million cubic metres per cavern could potentially be developed within the property;
The apparent salt structure spans an area of approximately 4,000 m by 2,500 m
Click Image To View Full Size
Figure 1: Location Map
Click Image To View Full Size
Figure 2: Salt Isopach Map
Click Image To View Full Size
Figure 3: 3-D Salt Isopach Map
Click Image To View Full Size
Figure 4: Dimensions of the salt structure
Qualified Person
The technical content of this news release has been reviewed and approved by
About Atco Mining (CSE: ATCM):
Atco is a junior exploration mining company focused on exploring for green energy metals throughout
For further information contact:
Email:info@atcomining.com
Telephone: (604) 681-0084
www.atcomining.com
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release. The Canadian Securities Exchange has not in any way approved nor disapproved the contents of this news release.
FORWARD LOOKING STATEMENTS:
Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-looking statements are often identified by terms such as “will”, “may”, “should”, “anticipate”, “expects” and similar expressions. All statements other than statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are detailed from time to time in the filings made by the Company with securities regulations. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and the Company disclaims any intention or obligation to update or revise such information, except as required by applicable law.
Copyright (c) 2023 TheNewswire - All rights reserved.
Copyright (c) 2023 TheNewswire - All rights reserved., source