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.

TSX:KRN - Post by User

Karnalyte Resources Inc > Wynyard

<< Previous

Bullboard Posts

Next >>

Comment by mdjbrownon Jul 29, 2021 12:09am

159 Views

Post# 33619445

RE:RE:Wynyard

T33, it is difficult to guess any value associated with the Wynyard property as there is still approx 80% of the leases unexplored.

Sadly the deposit it is not worth anything while it sits 1500 meters below the surface, and I believe there was still some heat tinkering required for optimum dissolution.

Heres an old read that makes you wonder where we would be if GSFC didnt come to toon town in 2012

https://www.northernminer.com/news/karnalyte-sees-swan-in-ugly-duckling-carnallite/1000414578/

<< Previous

Bullboard Posts

Next >>

BMO evolves InvestorLine with enhanced tools for options trading