Karnalyte Resources Inc T.KRN

Alternate Symbol(s): KRLTF

Karnalyte Resources Inc. is a Canada-based development stage company. The Company is engaged in the exploration and development of its property and possible construction of a production facility and development of a potash mine. The property is situated in Saskatchewan, south of Wynyard and contains a dominant zone of potash and magnesium minerals. Its Wynyard Potash Project is a Carnallite/Sylvinite solution mining project in central Saskatchewan. It has a 100% interest in KLSA 010, KL 247A, and KL 246 mineral leases comprising approximately 367 square kilometers (km2) (90,766 acres) of mineral rights. It also owns around 4,100 acres of surface land. The project is located approximately 190 km east of Saskatoon, SK, or 176 km north of Regina, SK. It is also exploring the development of the Proteos Nitrogen Project. The Proteos Nitrogen Project is an advanced stage development project consisting of a proposed small-scale nitrogen fertilizer plant to be located in Central Saskatchewan.

TSX:KRN - Post by User

Karnalyte Resources Inc

Bullboard Posts

Comment by businessenseon Jul 23, 2016 4:25pm

184 Views

Post# 25078755

RE:RE:RE:RE:RE:RE:RE:RE:RE:question for MDJBROWN

Whatever they decide, they will have to elaborate. As for the options and the Mg, the specifics surounding the TR and comments have to line-up. As for my read, I doubt you want to hear it, I just hope they can get the ball rolling. After that, the market will dictate.

Bullboard Posts

A junior copper-gold stock trading at a bargain of monumental proportions