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 > Annual Meeting

<< Previous

Bullboard Posts

Next >>

Comment by bigkaganon Jun 23, 2022 6:11pm

177 Views

Post# 34778766

RE:RE:RE:RE:RE:Annual Meeting

Whatever happened happened. We have to look to the future and I like their magnesium prospects. According to the bankable feasibility study they'll produce 100,000 tons/year each of MgCl2 and Hydromagnesite which probably equals 100,000 tons of pure Mg which fetches some $5,000 per ton. If they could install at their mine some facility to refine Mg out of these magnesium salts they could make real money

<< Previous

Bullboard Posts

Next >>

Investor’s corner: Solving chronic pain in dogs – A significant market opportunity