Atco Mining (OTC: ATMGF) (CSE: ATCM), a leading green hydrogen storage company, has identified new underground cavern structures potentially suitable for hydrogen storage at its Flat Bay Salt Project located in southwestern Newfoundland.
The company reports that 2-D seismic interpretation has located at least one salt structure prospective for halite exploration, which could potentially make it suitable for hydrogen storage salt dome cavern development.
Jai Duhan, Subsurface Energy Storage Consultant to the company stated: “The gravity and 2D seismic data show the potential presence of a thick salt structure suitable for hydrogen storage cavern development at Atco’s Flat Bay Project site.”
A full 3D geological model of the salt structure is currently being modeled and will  identify core well sites, define salt structure dimensions, and determine potential hydrogen storage capacity in these caverns within the project zone.
Atco Mining, with its substantial land holdings in the region, is well-positioned to become a significant player in hydrogen storage in the St. George's Bay Basin. By aligning with the province's clean energy goals and the global hydrogen economy, Atco is making a meaningful contribution to sustainable energy initiatives.
Shares of ATCO Mining trade in Canada under the ticker symbol ATCM. The company also trades in the U.S. under the ticker symbol ATMGF. For more information visit www.actomining.com.
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