Karnalyte Resources Inc. (TSX: KRN) announced that they have received approval for the EIS for their Wynyard Carnallite Project.
As quoted in the press release:
Karnalyte submitted a revised EIS to the Saskatchewan MOE in September 2012 in accordance with the Environmental Assessment Act. After technical and public review, the MOE is satisfied that any adverse environmental effects can be eliminated or minimized.
Karnalyte’s President and CEO, Robin Phinney, said:
EIS approval is a significant milestone for Karnalyte. We are now in a stronger position as we actively pursue additional funding opportunities to enable the start of Phase I of the Project’s construction in the second quarter of this year.
Potash West NL (ASX:PWN,OTCPINK:PWNNY) dominates mineral tenure in Western Australia, one of the world’s largest glauconite deposits, with 12 exploration licenses and applications covering an area of more than 2,600 km2.
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