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. It is focused on two fertilizer products, potash and nitrogen, to be produced and manufactured in Saskatchewan. The Company owns the construction ready Wynyard Potash Project, with planned phase I production of 625,000 tonnes per year (TPY) of high-grade granular potash, and two subsequent phases of 750,000 TPY each, taking total production up to 2.125 million TPY. The Company is also exploring the development of the Proteos Nitrogen Project, which is a proposed small scale nitrogen fertilizer plant with a nameplate production capacity of approximately 700 metric tonnes per day (MTPD) of ammonia and approximately 1,200 MTPD of urea, and a target customer market of independent fertilizer wholesalers in Central Saskatchewan.

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Karnalyte Resources Inc

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Comment by amhbon Aug 21, 2012 4:56pm

174 Views

Post# 20243644

RE: RE: RE: What's holding up Environmental Approv

Nice try....

That was the "official" authorization. The town had a number a years ago verbally agreed to it but had never formally passed and until the government of Sask. asked, and the town had no idea that they needed to do this formally.

As far as financing, They ONLY got a BIGGER and BETTER 43-101 and that was what it was all about!!

RED hearing!!! RED hearing!!!

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