Karnalyte Resources Inc (TSE:KRN) is engaged in the exploration and development of potash mining projects. The company owns the lease for several prospective projects, all of which are located in Saskatchewan.
Karnalyte Resources Inc (TSE:KRN)'s largest 85 thousand acre project, located near the town of Wynyard, Saskatchewan, is an exploration and early stage pre-development property with a dominant zone of carnallitite and sylvinite (potassium-containing minerals). The Company has secured the surface rights to 260 acres of land for the plant and load-out surface facilities, of which 160 acres is proposed for use as the plant production site. Currently, Karnalyte has a market capitalization of CAD $41.2 million...
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