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.

CSE:CACR - Post by User

KWG Resources Inc

Bullboard Posts

Post by Trix1on Mar 12, 2010 2:18am

519 Views

Post# 16874423

1% Net Smelter Royalty

Do not forget KWG shareholders. We have a 1% net smelter royalty on the following chromite deposits. Black Thor (100% Cliffs), Black Label (100% Cliffs) and Big Daddy (50% Cliffs, 25% each to KWG and SPQ). Lots of value in this royalty and something that Cliffs I'm sure wants to have back.

Trix

Bullboard Posts

Debt-free cannabis company set for next stage of growth