Mr. Alex Klenman reports

ATCO MINING BEGINS AIRBORNE GRAVITY SURVEY ON SOUTHERN SALT PROJECTS IN SOUTHWESTERN NEWFOUNDLAND TO DETERMINE SALT DOME TARGETS

Atco Mining Inc. has commenced an airborne gravity survey on its 100-per-cent-owned Apollo, Adonis and Eagle Salt projects, located within the St. George's Bay basin in southwestern Newfoundland.

The Survey consists of a Falcon(TM) Plus airborne gravity gradiometer ("AGG") and magnetics survey to be completed by Xcalibur Multiphysics of Mississauga, Ontario. Falcon(TM) is the world's only purpose-built AGG system, designed to isolate aircraft motion noise. The Survey will be managed and interpreted by GroundTruth Exploration ("GroundTruth") of Dawson City, Yukon. GroundTruth will complete the interpretation of Atco's survey area in order to define potential salt dome structures that are defined by gravity-low features.

Gravity surveying has proven to be an effective tool in the St. George's Bay Basin and other areas to define potential salt dome structures. For example, Atlas Salt Inc. recently defined an additional potential salt dome next to its Fischell's Brook Salt Dome deposit using gravity surveying (Atlas Salt news release, dated June-03-2022).

"I am pleased to commence exploration on our southern projects, with the goal of defining potential salt domes," states Atco Director, Neil McCallum. "With the emergence of hydrogen capture and storage to support a greener global energy industry, salt dome structures have been considered an optimal storage solution."

About Atco Mining Inc.

Atco is a junior exploration mining company focused on exploring for green energy metals throughout Canada. Atco is also exploring for sulphide-rich VHMS deposits in Saskatchewan as well as salt opportunities in Western Newfoundland. Investors are encouraged to visit the company's website here:

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