South Atlantic Gold Inc. Completes $255k Financing

About this update from South Atlantic Gold, Inc.

[{"type":"text","content":"South Atlantic Gold Inc. Completes $255k Financing\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Vancouver, B\n \n \n C - TheNewswire -\n \n \n March 22, 2023 -\n \n \n Atco Mining Inc.\n \n \n (the “Company” or “Atco”)\n(CSE:ATCM\n \n \n )\n \n \n (\n \n \n Frankfurt:QP9)\n \n \n is pleased to announce that it\nexpects to receive final interpreted results from its recently\ncompleted airborne gravity survey shortly. Preliminary data from the\nairborne gravity survey recently conducted on its 100%-owned salt\nprojects, located within the St. George’s Bay Basin in southwestern\nNewfoundland, revealed that three high-priority oval-shaped gravity\nanomaly targets are present on the Company’s tenures.  The geometry\nof the gravity-low features suggests the presence of underground salt\ndome structures. The detailed interpretation work has been on-going\nduring the last several weeks and the Company expects receipt of the\nfinal interpreted survey data from the contractor in the coming\nweeks.\n \n \n \n \n Neil McCallum, Director of Atco Mining states: “I am\nvery happy with the data that we’ve received thus far from the\nsurvey.  The fact that the preliminary results confirmed the presence\nof three salt dome structures on our projects is a very positive fact\nand takes us one step closer towards growing Atco into one of the\nleaders in the hydrogen storage space.”\n \n \n \n \n The geophysical program was completed approximately two\nmonths ago (see news release dated January 25\n \n \n th\n \n \n , 2023)\nutilizing the Falcon® Plus airborne gravity gradiometer (“AGG”)\nand magnetics completed by Xcalibur Multiphysics of Mississauga,\nOntario. Falcon® is the world’s only purpose-built AGG system,\ndesigned to isolate aircraft motion noise. The Survey was managed and\nwill be interpreted by GroundTruth Exploration (“GroundTruth\")\nof Dawson City, Yukon.\n \n \n \n \n About Atco Mining (CSE: ATCM):\n \n \n \n \n Atco is a junior exploration mining company focused on\nexploring for green energy metals throughout Canada. Atco is also\nexploring for sulphide-rich VHMS deposits in Saskatchewan as well as\nsalt opportunities in Western Newfoundland. Investors are encouraged\nto visit the...

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