Vulcan is focused on acquiring mineral projects of merit containing under utilized data sets where additional value can be extracted with modern technology at minimal cost. Vulcan’s business philosophy is to combine high risk – high reward metals discovery exploration with lower risk industrial mineral development.
Vulcan is managed by a seasoned professional team experienced in mining, business management, engineering and geology devoted to responsible mineral exploration discovery and development.
Exploration is a high-risk activity requiring a continuous feed of capital in order to test geological ideas. Accordingly, the discovery of economic deposits brings high rewards to those investors who share the vision of successful explorationists.
Successful mineral exploration and mining creates real wealth by providing the materials necessary to support and advance our technology driven society in a responsible and sustainable manner.
The Springdale project consists of all the Company’s properties on the Springdale peninsula, an historic copper-gold mining region in north-central Newfoundland. It contains the Colchester, Pine Pond and Little Bay Mine projects. The area has a high mineral endowment with a mining history dating back to the late 1800’s. The Company is executing a multi-stage approach to evaluation of the project utilizing modern technology. It is the core project for the Company.
The Red Cross Lake project, located in central Newfoundland, has excellent potential for a new nickel-copper-cobalt magmatic sulfide deposit discovery in addition to its gold potential. Located adjacent to Marathon Gold’s emerging multi-million ounce gold camp, this road accessible property is under-explored for nickel mineralization, yet exhibits many of the critical criteria for successful nickel deposit formation.
The company’s properties cover strategic geologic structures in central Newfoundland where new gold targets are emerging as demonstrated by the recent discoveries of Marathon Gold Corp. and New Found Gold Corp. Each property represents an under explored early stage opportunity and provides the Company with exposure to discoveries in this exciting region.
Atlas Salt Inc. is an industrial minerals focused company pursuing the development of salt (used in de-icing) and gypsum (used in cement and wallboard) deposits in western Newfoundland and also a nepheline deposit (used in glass and ceramics) in southern Labrador. It trades on the TSX-V: SALT and is a subsidiary of Vulcan.
