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 > Putin to Ban Exports of Raw Materials

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Comment by TradeTraceron Mar 09, 2022 2:43pm

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Post# 34500426

RE:RE:RE:RE:RE:Putin to Ban Exports of Raw Materials

Just speculation, but I'm sure the offtake deal with GSFC upon completion of their mine would play a role. Kind of a "guaranteed" cost return right off the hop. I always thought that a big player could come in, build the facility, supply GSFC for 10 years and then supply the area with fertilizer for a reasonable cost

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