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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. 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

Comment by mdjbrownon Jul 24, 2022 5:39pm
188 Views
Post# 34846674

RE:RE:RE:RE:RE:RE:BHP full steam ahead by the looks of it

RE:RE:RE:RE:RE:RE:BHP full steam ahead by the looks of itAgree biz  I dont think it is any secret GSFC is in this solely for the potash.

Likely why GSFC was in support of a 100,000 ton proof of concept sylvite mine in early 2018, as it could have produced much needed revenue while crunching the Wynyard carnalitte numbers. 

If someone with deep pockets came along and wanted to produce magnesium from the waste brine, I am very certain GSFC would sell that waste brine to the interested party and in doing so, cutting OPEX costs substantially.

Would be nice to see the company build a dual well pilot mine to compare data with the 2016 single well cavern testing results.   At some point they are going to have to prove the downhole process is economically viable in Saskatchewan, before the big money rolls in..............................

Big difference between the German DEUSA mine producing a couple hundred thousand tons a year compared to the anticipated mine capacity at Wynyard


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