Karnalyte Resources Inc. is a Canada-based company focused on exploration and development of potash in Saskatchewan. It is engaged in the business of exploration and development of agricultural and industrial potash and magnesium products. The Company has two operating segments: potash and magnesium. The Company holds subsurface mineral Permit KP 360A comprising 68,301 acres, as well as lease KSLA 010 comprising 16,825 acres near Wynyard, Saskatchewan. The Company has completed seismic testing, as well as drilling programs bringing the total acres explored to 17,544 or 20% of the total permit area.