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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 nothingbutruthon Oct 27, 2023 8:42am
143 Views
Post# 35703693

MARTINS FALL CHIEF SAYS IT ALL

MARTINS FALL CHIEF SAYS IT ALL
"The first criticism is that we will destroy the peatland in our territory. This is classic propaganda and a complete fabrication. We have no such plan or intent. We are maximizing the use of eskers and other geographical features that keep us off the peat. Where we cannot avoid peatland, we will not excavate it. This means that we will not dig any peat out and we will minimize disturbance of peat. If it stays in place, then it can continue to act as a carbon store."

"The second critique is that we have not engaged and consulted other First Nations. As a proponent of the road, we have certain procedural responsibilities. This includes sending out notices and providing information about our projects. No one else has this information or can speak in a more informed way about our projects."

"The third is that there will be unforeseen, large-scale development as a result of the roads and will add to what they call cumulative effects. We are currently building the road to Marten Falls and to the Ring of Fire. We are planning to work diligently to understand the development of Eagle’s Nest at the Ring of Fire, which is a significant source of nickel that is a critical mineral required for net-zero transition. This does not mean that we support unchecked development. This is fear mongering. They want us to be afraid and to be paralyzed by indecision. That is the opposite of what we have done and will continue to do."


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