KWG Resources Inc C.CACR

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

Metals & Mining Industrial Metals & Minerals

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.

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KWG Resources Inc > Does Bold Ventures Inc. have spoken yesterday on R of F

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Comment by miner540on Jun 29, 2024 7:05pm

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Post# 36112342

RE:RE:Does Bold Ventures Inc. have spoken yesterday on R of F

The question I have is: How sigificant are the Bold claims and the general proximity to the other critical minerals in the ROF. This might help determine who the unnamed party is.

It is quite unusal for a news release to identify the acquiring party as unnamed and arms length. Could be CACR, Wyloo or perhaps FNC. Feels like the start of a consolidation play.

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