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 > On the bright side

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Comment by bigkaganon Jun 24, 2022 6:37pm

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Post# 34781627

RE:On the bright side

Never mind MgCl2 - it only fetches $200 average per ton. Their big hitter is Hydromagnesite(BMC) which is worth $100/kg, no it's not a typo, and according to their bankable feasibility study they'll produce 104,000 tons of it a year - we're talking $1 billion revenue here a year, somebody slap me
https://www.bing.com/search?q=hydromagnesite+price&qs=n&form=QBRE&sp=-1&pq=hydromagnesite+price&sc=8-20&sk=&cvid=1566313CECCC4E57A4790239A20B2EAF

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