KWG Resources Inc C.CACR

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

Metals & Mining Industrial Metals & Minerals

KWG Resources Inc. is a Canada-based exploration stage company. It is focused on acquisition of interests in, and the exploration, evaluation and development of deposits of minerals including chromite, base metals and strategic minerals. It is the owner of 100% of the Black Horse chromite project. It also holds other area interests, including a 100% interest in the Hornby claims, a 15% vested interest in the McFaulds copper/zinc project and a vested 30% interest in the Big Daddy chromite project. It has also acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. It also owns 100% of Canada Chrome Corporation, a business of KWG Resources Inc., (the Subsidiary), which staked mining claims between Aroland, Ontario (near Nakina) and the Ring of Fire. The Subsidiary has identified deposits of aggregate along the route and made an application for approximately 32 aggregate extraction permits.

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KWG Resources Inc

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Post by shambanoon Aug 29, 2007 10:42am

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Post# 13316032

I love this line

The company is therefore presently examining with DeBeers, under the provisions of their mutual assistance agreement, the feasibility of recovering one or more larger samples. 1 - partners? 2 - DeBeers to buy equity interest in KWG? 3 - DeBeers to buy equity interest in new diamond stock and KWG to split diamonds and base metal plays? Lots of options here, which way will it go? cheers and hold on everybody, lots of life left in little KWG.

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