Karnalyte Resources - 500 Beiträge pro Seite

[watchi]

Ist noch nicht lange an der Börse, daher gibt es wohl noch keinen Thread. Naja, jetzt schon!


Karnalyte Resources

WKN: A1H4NP
http://www.karnalyte.com/


Von der Homepage:
Karnalyte Resources is a potash company. The Company, incorporated in 2007, is engaged in the business of exploration and development of high quality agricultural, industrial potash and magnesium products. Karnalyte’s primary objective is to become a leading low-cost producer of high quality potash using proprietary improvements to a known solution mining process, with minimal environmental impact. We plan to produce high quality, low sodium, uniformly sized granular potash pellets for the agricultural market and industrial grade potash compacted flakes.


Aus einem anderen Thread geklaut:
Company: Karnalyte Resources Inc.
Project: Wynyard
Location: 2.5 kilometres south of Wynyard
Est. Resource: 242 million tonnes (indicated and inferred resource)
Est. Mine Life: 28 years
Est. Production Start: 2013
Advantage: Solution mining

Karnalyte CEO Robin Phinney is in the habit of speaking excitedly about his company's Wynyard project.

After recently celebrating the addition of Karnalyte's shares to the Toronto Stock Exchange (TSX: KRN), he's used to explaining the company's plan to be the first new potash producer in Saskatchewan in decades.

"If I get my way (we) sure will be, yes. We're full speed at it right now, that's what we're doing," Phinney said.

The company's biggest advantage is its plan to mine potash using the solution method, which sees brine injected to the potash level, dissolving the mineral. The potash-laden solution is then brought to the surface where it is dried and the nutrient is extracted.

Phinney said a solution mine will cut construction time and costs for Karnalyte's potential Wynyard mine.

"We don't have to spend long periods of time developing an underground," he explained.

"(Also) we'll be able to take advantage of everything that's in the current industry from the logistics of the rail, the roads -- everything that's right across our property. We couldn't be luckier to find a deposit with so many logistics in our favour."

Karnalyte, he added, won't just be mining potash from its property. The Alberta-based firm is after a mineral called carnallite, which contains both potassium chloride -- the form of potash fertilizer producers require -- and magnesium. For every five tonnes of potash produced at the site, the company also expects to produce two tonnes of high-grade magnesium-oxide.

"We're the only ones that have a magnesium kicker, if you want," he said. "Everything is high-grade in this deposit too, that's what's so very special about it."

Production at Wynyard could begin as early as 2013, perhaps to the dismay of competitors.

"I think we just popped ourselves into the front of the race, and they're not going to be happy about it, I don't think," Phinney said.


Alles sehr vielversprechend!

[Popeye82]

[watchi]

Hmmm.. fünf Tage später - 25% im Plus.

[watchi]

KARNALYTE RESOURCES INC. SELECTS ENGINEERING FIRM TO CONDUCT FEASIBILITY STUDY ON THE WYNYARD CARNALLITE PROJECT

CALGARY, Jan. 19 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or the
"Corporation") (TSX: KRN) today announced that it has selected a subsidiary of
Foster Wheeler AG's Global Engineering and Construction Group ("Foster
Wheeler") to perform a feasibility study on the Wynyard Carnallite Project.
The NI 43-101 compliant feasibility study will consider the initial
construction of a 500,000 tonnes per year facility and includes a ramp up to a
2 million tonnes per year facility within five to six years.
The contemplated feasibility study is expected to include:

-- selection of the location and drilling of additional surface drill holes
in the area investigated with 3D seismic to increase the confidence
level of the resource estimate;
-- further geotechnical and solubility testing of drill-core samples;
-- advancement of the environmental impact study;
-- completion of regulatory permitting, and more detailed marketing
studies;
-- front-end engineering and design work on the surface facility;
-- laboratory test work on deposit samples to further optimize the solution
mining operation; and
-- detailed design work on cavern and brine field as well as on the brine
processing facilities.

"The selection of Foster Wheeler, to perform the feasibility study, is an
important step forward in the advancement of our development plan for the
Wynyard Carnallite Project," said Robin Phinney, President and CEO of
Karnalyte Resources Inc. "The results of the feasibility study should provide
us with the necessary information to make additional project development
decisions. We are confident that the study results will support the compelling
data we have collected to date."
Under the terms of the contract, Foster Wheeler will also coordinate
preparation of the overall Environmental Impact Statement, which will advance
concurrently with the feasibility study. GeoEngineers Inc. ("GeoEngineers")
will perform environmental and geotechnical engineering services for the
study. ERCOSPLAN Ingenieurgesellschaft Geotechnik und Bergbau mbH
("ERCOSPLAN") of Erfurt Germany will perform mining engineering services for
the underground mining portion of the study. Karnalyte anticipates the total
cost of the feasibility study to be approximately $9 million, which includes
all third party components of the study and additional owner's costs and
contingencies.
Karnalyte anticipates the completion date of the feasibility study prior
to December 31, 2011 and the results will support a final decision on whether
to proceed to the construction of a solution mine and surface facility for
subsequent production.

About Foster Wheeler
Foster Wheeler AG is a global engineering and construction contractor and
power equipment supplier delivering technically advanced, reliable facilities
and equipment. The company employs approximately 13,000 talented professionals
with specialized expertise dedicated to serving its clients through one of its
two primary business groups. The company's Global Engineering and Construction
Group designs, engineers and constructs leading-edge processing facilities and
related infrastructure for the upstream oil & gas, LNG and gas-to-liquids,
refining, chemicals & petrochemicals, pharmaceuticals, biotechnology &
healthcare, mining & metals, environmental and power industries. The company's
Global Power Group is a world leader in combustion and steam generation
technology that designs, manufactures and erects steam generating and
auxiliary equipment for power stations and industrial facilities and also
provides a wide range of aftermarket services. The company is based in Zug,
Switzerland, and its operational headquarters office is in Geneva,
Switzerland. For more information about Foster Wheeler, please visit
http://www.fwc.com.

About ERCOSPLAN
ERCOSPLAN is a private engineering company with more than half a century
of experience in the potash and mineral salt industries. The Company employs
125 engineers, scientists, technicians, economists and computer experts.
ERCOSPLAN offers a wide variety of services with expertise in both
conventional and solution mining; mineral salt exploration, evaluation,
extraction and processing; and environmental sustainability of resource mines
and processing plants.

About GeoEngineers
GeoEngineers, Inc. is an earth science and environmental engineering
consulting firm offering an integrated suite of technical services to clients
engaged in the sustainable use of the earth's resources, power generation and
transmission, transportation, and development. Since 1980, the company has
completed more than 30,000 projects worldwide for diverse public and private
clients. GeoEngineers has 250 staff operating from 13 offices in the US and
British Columbia, and has successfully managed projects in a wide range of
international locations. Its technical experts also provide services in
support of the international mining industry, including environmental and
social impact assessments and mitigation planning; due diligence and
environmental compliance audits; geotechnical engineering; earthworks design
and construction management; hydrology and hydrogeology; water quality
monitoring and management; contaminated site characterization, remediation,
and closure; and development of integrated environmental, social, and
occupational health and safety management systems.

About Karnalyte Resources Inc.
Karnalyte is engaged in the business of exploration and development of
high quality agricultural and industrial potash and magnesium products.
Karnalyte intends to develop and extract a carnallite - sylvite mineral
deposit through a known solution mining process at competitive costs and with
minimal environmental impact. Karnalyte owns a 100% interest in Permit KP 360
located near Wynyard, Saskatchewan which is comprised of 83,981 acres.
Forward-Looking Statements
This press release contains forward-looking statements. More
particularly, this press release contains statements concerning the
Corporation's future operations and the completion of its feasibility study.
The forward-looking statements contained in this document are based on certain
key expectations and assumptions made by Karnalyte, including with respect to
the anticipated timing for the feasibility study. Although Karnalyte believes
that the expectations and assumptions on which the forward-looking statements
are based are reasonable, undue reliance should not be placed on the
forward-looking statements because Karnalyte can give no assurance that they
will prove to be correct. Since forward-looking statements address future
events and conditions, by their very nature they involve inherent risks and
uncertainties. Actual results could differ materially from those currently
anticipated due to a number of factors and risks. These include, but are not
limited to, the failure to obtain necessary regulatory approvals, risks
associated with the mining industry in general (e.g., operational risks in
development, exploration and production; delays or changes in plans with
respect to exploration or development projects or capital expenditures; the
uncertainty of estimates and projections relating to production, costs and
expenses, and health, safety and environmental risks), commodity price and
exchange rate fluctuations. The forward-looking statements contained in this
document are made as of the date hereof and Karnalyte undertakes no obligation
to update publicly or revise any forward-looking statements or information,
whether as a result of new information, future events or otherwise, unless so
required by applicable securities laws.


To view this news release in HTML formatting, please use the following URL:
http://www.newswire.ca/en/releases/archive/January2011/19/c3…

[watchi]

Zieht gut ab, der Vogel...

[watchi]

Mal Gewinne mitgenommen. Hoffentlich kommt dann auch
bald eine gute Gelegenheit zum Wiedereinstieg....

[kiefernberg]

welche Marktkapitalisierung hat die Firma, wieviel Shares sind als Optionen etc. noch offen?

danke