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.

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Karnalyte Resources Inc > Nutrien to increase potash production 500k tonnes rest of yr

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Comment by TradeTraceron Jun 11, 2021 12:12am

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Post# 33370523

RE:Nutrien to increase potash production 500k tonnes rest of yr

patospower wrote: Nutrien to boost potash output on strong global demand

Strong potash demand, increased potash pricing, etc. The financing package was all figured out and ready to be signed but was shelved because only this component was thought missing. Time to send the shovels to the dirt?

One could speculate that a company like Nutrien would buy into KRN/team up to have access to the GFSC contract? One would have to run numbers to see if it was worthwhile

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