Here’s How to Capitalize on Canada’s Green-Hydrogen Push

Atco Mining Inc. (CSE: ATCM)(OTC: ATMGF) — currently trading undiscovered around C$0.10 per share — has announced that 2D seismic interpretation at its Flat Bay salt dome project in St. Georges Bay Basin, Newfoundland, Canada, has identified the potential presence of a salt structure within the project boundary.

The analysis was performed by industry leader RESPEC Consulting, which is now combining the 2D seismic with the gravity data to construct a 3D geological model of the salt structure at Flat Bay. 

And while data analysis is oftentimes received by the market with little more than a yawn, what this particular 3D modeling is lining up for is the delineation of future core well locations and, most importantly, the dimensions of the below surface salt structure. 

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Atco Mining CEO Etienne Moshevich commented on the brewing excitement via press release: 

“These preliminary results are very positive and I’m eager to move ahead with our next steps. With further data compilation and a 3D geological model to follow from RESPEC, we will be able to further define the potential of a salt dome. We look forward to receiving additional reporting and updates within the coming weeks as we look to prepare our next steps in our exploration efforts.”

Keep in mind also that Flat Bay is just one of Atco’s portfolio of eight 100%-owned salt projects — making ATCM one of the premier land holders in the tier-one district.

Keep in mind also that Flat Bay is just one of Atco’s portfolio of eight 100%-owned salt projects — making ATCM one of the premier land holders in the tier-one district

As you can see in the property map above, Atco’s projects are surrounded by those of its more established peers Atlas Salt (~C$125M market cap; ~8,000 hectares) and Vortex Energy (~C$95M market cap; ~17,000 hectares). 

And while Atco, at just over 21,000 hectares, is at an earlier stage in the exploration process, its current market cap is roughly C$4M — many multiples below its peers — which points to the immense potential ahead if Atco is able to confirm multiple, large-scale salt domes on its properties in the coming few quarters. 

Further, all of this is happening in concert with Newfoundland’s push to become a new global epicenter of green hydrogen production by way of the area’s vast wind resources with plans in place for hydrogen storage in the district’s giant underground salt caverns. 

With billions of investment dollars flowing in, Newfoundland’s government has selected nine companies (following proposals submitted by 19 energy firms) as finalists to build large-scale green hydrogen projects on Crown land in Newfoundland and Labrador. 

A final decision could come as early as this month. 

Here’s How to Capitalize on Canada’s Green-Hydrogen Push.

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Of those nine finalists is World Energy GH2, which has launched a C$16B project to produce 250,000 tonnes of green hydrogen annually from a new facility powered by wind turbines on Newfoundland’s west coast and in Labrador. 

That one project alone shows the sheer magnitude of the green hydrogen trend that’s rapidly emerging on Canada’s eastern seaboard, of which Atco is positioning to potentially become a key player on the hydrogen storage side of the equation. 

Be sure to check out our ongoing series of exclusive interviews with top Atco Mining personnel, including Etienne Moshevich, as the company continues to make accelerated progress across its portfolio of eight high-potential salt dome prospects.   

For additional information on Vancouver-based Atco Mining, please feel encouraged to contact the company’s IR department at 604-512-5624 or via email at 

Sign up to receive updates directly from the company at the Atco Mining corporate website.

Mike Fagan

Mike Fagan
Editor, Resource Stock Digest