Triple Point Resources
Triple Point Resources was formed out of a 2022 spinout of Atlas Salt, a TSX Venture 50 company advancing the world-class Great Atlantic Salt Project on the west coast of Newfoundland. Triple Point’s flagship Fischell’s Salt Dome is located at the center of one of the World’s Premier Wind Corridors on the Southwest coast of Newfoundland where several multi-billion-dollar projects are stepping forward with proposals to build a World Class Clean Energy Hub. Fischell is the only known “Gulf Coast” style domal-quality salt formation in Newfoundland. Triple Point also holds additional properties in the region that will be investigated for their energy storage potential. Highlights: New assessment and 3D model validate larger than expected salt dome – confirming potential to store more than 35 million cubic meters, or the equivalent of 180,000 tonnes of hydrogen – would make Fishell’s Dome the largest salt storage facility on North America’s east coast. The Company continues to strengthen its highly qualified and connected team to advance the development of the Fischell Salt Dome as part of Newfoundland and Labrador’s clean energy industry. The Board continues to evaluate the timing and method of creating liquidity for current Triple Point shareholders.
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