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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

Comment by mdjbrownon Dec 04, 2020 7:47pm
133 Views
Post# 32042714

RE:RE:RE:RE:RE:Your take

RE:RE:RE:RE:RE:Your take Resourse, initially I believe the natural gas distribution line was going to run from Lanigan, but it was hoped that that transmission line would first be built to Jansen for their huge project, and Karnalyte could then tee off of that line in place and run it with the help of compressor stations into Wynyard at a fraction of the cost.  I can only assume the transmission line into Jansen was built in the past 8 years, but I don’t know for sure.
 
If not, Lanigan is further from Wynyard, which increases the cost. Possibly with the increased use of plastic gas pipe, and the speed in which they can install it through directional drilling applications, that cost may have come way down, but I do not know.
 
"Natural gas for plant and brine field operations require construction of a 8” (203.2 mm) steel pipeline from the PCS potash operation near Lanigan to the planned plant site (Figure 6), to supply the required amounts of natural gas. "

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