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KWG Resources Inc C.CACR

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

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

Bullboard Posts
Post by razmot10on Apr 20, 2011 12:36am
390 Views
Post# 18458411

My mail to Bruce! Keep you posted on reply!

My mail to Bruce! Keep you posted on reply!
Mr. Hodgman,
 
Last December, KWG reported that they expected to have drill core samples recovered, logged and analysed before March 31, 2011.
 
Mr. Bruce Hodgman reports

KWG REVIEWS DRILLING PROGRAM, WIKI LEAKS EXPOSES COMMENTS ON STRATEGIC VALUE OF CHROMITE

KWG Resources Inc.'s drilling program at Big Daddy is expected to be completed in the first two months of the new year. Although the drilling platforms were constructed during the recovery of the bulk sample, it was determined that the efficiencies achievable from cold-weather operations would reduce costs by more than $300,000 for the planned program, by almost completely eliminating very costly helicopter support. The two drill platforms, when stabilized in the muskeg by adequate ice, will permit up to six holes from each set-up to confirm the mineralization's downdip continuity in order to bring previously inferred resources into the indicated category of confidence. It is expected that the deeper drilling will also allow additional and deeper resources to be inferred. Fuel for the drilling has been cached nearby and may be supplied to the drill rigs and adjacent temporary tent shelters by snowmobiles. The temporary accommodations are provided by Webequie Logistics, an exploration supply enterprise operated by and located in the nearby Webequie First Nation community.

"One on-site exploration crew can manage both drill rigs during the short winter days when helicopter-supported operations are prohibitive and very unproductive," said Moe Lavigne, vice-president of exploration for KWG. "This operating plan will be much safer and environmentally benign, as well as being much more productive and less costly. We expect to have our drill core samples recovered, logged and analyzed well within our operating term ending on March 31, 2011."

Later in January 2011, it was reported that visual geological analysis would be reported during the course of the program!

Mr. Bruce Hodgman reports

BIG DADDY DRILLING BEGUN, PASSES TEST FOR LUMP ORE

KWG Resources Inc.'s core-drilling campaign on the Big Daddy chromite deposit is under way. The planned program is to drill 12 holes that will test the continuity of the chromite deposit at depths of 450 and 600 metres, with intercepts spaced 150 metres apart horizontally. Visual geological analysis will be reported during the course of the program as assay results will not be available until after completion of the campaign of about 8,640 metres of drilling.

We are now April 2011 and none of the above information was provided.  As a geologist and SH of KWG, I know very well that the drill logs (visual geological analysis) should have been completed and that this information could have been provided by now, especially if they show a continuity at depth of the chromite layers.

My question is...  Could you at the least give me an outlook on a release date for the logs and assay results? Are we talking days, month, years? Are these results available to Cliff or any other third parties?

Thanks

Alain Dube

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