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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 oldsalt72on Dec 06, 2022 6:24am
685 Views
Post# 35152612

RE:so much potential

RE:so much potentialThere are at least 4 hopefuls promoting selective solution mining. Unfortunately the old school thinking has taken a very simple concept and complicated it. See the recent Western video. If they would eliminate the ponds, the brackish water supply and about 80% of the equipment, they could make potash. Somehow people believe complicated is better.
I think Karnalyte fell into the same trap. A simple 20 to 40 million dollar mine could be a "big Project" if done right.
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