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 > Q1 Financials / MD&A out

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Comment by bigkaganon May 14, 2022 2:24pm

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Post# 34684117

RE:RE:RE:RE:RE:RE:RE:Q1 Financials / MD&A out

Well, Ercosplan was involved with Wynyard back in late 2010's when there was a push to develop the mine, but the efforts failed and since then nobody heard of Ercosplan until now - so the conclusion is that we start hearing about Ercosplan each time there is an effort to do something about the Wynyard mine. Hopefully this time the attempt will be more successful than back then

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