07:55 AM EST, 11/27/2025 (MT Newswires) -- Karnalyte Resources ( KRLTF ) reported overnight Wednesday the results of an updated feasibility study for the Wynyard potash deposit in Saskatchewan.

The study outlined an after-tax net present value of C$2.04 billion at an 8% discount rate, with a 12.5% internal rate of return.

The project has an estimated 70-year mine life with average production of 2.2 million tonnes per annum of potash and 104,000 tonnes per annum of hydromagnesite.

"As potash is essential to global food security, our competitive cost structure and positive market fundamentals, backed by strong price forecasts, provide a solid platform for long-term value creation," Chief Executive Officer Danielle Favreau said.