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KWG Resources Inc C.CACR

Alternate Symbol(s):  C.CACR.A | KWGBF

KWG Resources Inc. is a Canada-based exploration stage company. The Company is engaged in the discovery, delineation, and development of chromite deposits in the James Bay Lowlands of Northern Ontario. It is focused on two projects, which include Black Horse Project and Big Daddy Project. The Company’s Black Horse Project is located approximately 280 kilometers north of Nakina, Ontario, which contains the Black Horse chromite deposit, including over 1,024 hectares covered by four unpatented mining claims. The Big Daddy Project is located approximately 280 kilometers north of Nakina, Ontario, which contains the Big Daddy chromite deposit, including over 1,241 hectares covered by seven unpatented mining claims. The Company also owns a 30% interest in certain mining property claims contiguous to McFauld’s Lake in Ontario. Its subsidiaries include Canada Chrome Corporation, SMD Mining Corporation, Canada Chrome Mining Corporation, and Muketi Metallurgical General Partner Inc.


CSE:CACR - Post by User

Post by MC2021on May 07, 2022 2:12pm
207 Views
Post# 34664632

Progressive Conservative Leader Doug Ford touts party's prog

Progressive Conservative Leader Doug Ford touts party's prog

Progressive Conservative Leader Doug Ford touts party's progress in Ring of Fire plan | CP24.com

 

https://www.cp24.com/news/progressive-conservative-leader-doug-ford-touts-party-s-progress-in-ring-of-fire-plan-1.5893250

 

Ontario Progressive Conservative Leader Doug Ford is touting the progress his party has made on the Ring of Fire development.

He says his party would continue to work with Indigenous communities and invest $1 billion to build an all-season road to potential mining sites in the Ring of Fire if re-elected in June.

The Ring of Fire is a region about 500 kilometres northeast of Thunder Bay that is said to be rich in critical minerals and the province has made long-standing promises to develop and mine the area.

 

Last month, Marten Falls and Webequie First Nations said they will be submitting a terms of reference for an environmental assessment for the proposed Northern Road Link project, which the province says is the final piece of critical road infrastructure in the Ring of Fire development.

Ford says he's "proud" to have sat down with the chiefs of the Marten Falls and Webequie First Nations last month and that collaboration with community partners is what's been missing from getting the "ambitious" project done.

He says the Ring of Fire development will create thousands of new jobs in the mining industry and bring “countless” benefits and opportunities for Indigenous communities, including easier access to everyday goods like groceries, fuel and water.

Ford adds that the minerals extracted from the site will make Ontario a “resource powerhouse,” allowing the province to become a leader in electric vehicle production in North America.

 
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