Karnalyte Resources Announces Q1 Results

Karnalyte Resources Inc. (TSX:KRN) announced operational and financial results for first quarter 2011.

The press release is quoted as saying:

The drilling licenses we received enable us to continue the exploration and development of our lease and permit holdings so that we may prepare for the construction of a commercial potash facility and pursue additional potash resources.

To read the full press release, click here.