Business
KARNALYTE RESOURCES INC. SELECTS ENGINEERING FIRM TO CONDUCT FEASIBILITY STUDY ON THE WYNYARD CARNALLITE PROJECT
Jan. 19, 2011 (Canada NewsWire Group) -- CALGARY, Jan. 19 /CNW/ - Karnalyte Resources Inc. (&...
About this update from Karnalyte Resources Inc.
[{"type":"text","content":"\n\n\n\n Jan. 19, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nCALGARY, Jan. 19 /CNW/ - Karnalyte Resources Inc. ("Karnalyte" or the\n "Corporation") (TSX: KRN) today announced that it has selected a\n subsidiary of Foster Wheeler AG's Global Engineering and Construction\n Group ("Foster Wheeler") to perform a feasibility study on the Wynyard\n Carnallite Project. The NI 43-101 compliant feasibility study will\n consider the initial construction of a 500,000 tonnes per year facility\n and includes a ramp up to a 2 million tonnes per year facility within\n five to six years.\n\n\nThe contemplated feasibility study is expected to include:\n\n\n\nselection of the location and drilling of additional surface drill holes\n in the area investigated with 3D seismic to increase the confidence\n level of the resource estimate;\n\n\nfurther geotechnical and solubility testing of drill-core samples;\n\n\nadvancement of the environmental impact study;\n\n\ncompletion of regulatory permitting, and more detailed marketing\n studies;\n\n\nfront-end engineering and design work on the surface facility;\n\n\nlaboratory test work on deposit samples to further optimize the solution\n mining operation; and\n\n\ndetailed design work on cavern and brine field as well as on the brine\n processing facilities.\n\n\n\n"The selection of Foster Wheeler, to perform the feasibility study, is\n an important step forward in the advancement of our development plan\n for the ...