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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 pickdawinneron Jan 27, 2012 9:45pm
350 Views
Post# 19460326

"Cliffs Chromite Booklet"

"Cliffs Chromite Booklet"

Hey,take a moment and Google "Cliffs Chromite Booklet"  if you haven't already done so,  The booklet came out in February of 2011 and it's the first time I seen or even heard of it. The booklet will not only  provide you with insightful information pertaining to the mining and extracting of the Chromite ore in the Ring of Fire  but It also mentions the proposed  location of the ferrochrome production facility that Cliff has in mind  to build of which is obviously to be built in Ontario. After reading the 26 page booklet one can easily ascertain that the only logical way to transport the chromite ore is by rail, for rail would have a less environmental impact over the life span of the mine compared to a road, and the cost to build the rail line compared to  a road is compariable.   frankly speaking the rail line should be financed by both the federal and provincial governments in order to get this venture moving, especially after reading that the world supply  of Chromite is dwindling and India would like to cease exporting what ever chromite they have.

Bullboard Posts