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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
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Comment by oreelseon Jul 04, 2012 10:21am
208 Views
Post# 20080759

RE: CLF has to buyout KWG

RE: CLF has to buyout KWG

jameslast. Most KWG DDI shareholders including many FN, emphasis holders, know Big Daddy Chromite Ore will be mined 1st & be preceded by the NS RR from the ROF to Nakina. They also know the Cnd/ON Mining, Metallurgical & Refining Industries & regulators would never sanction any environmental irresponsiblity.

 

CLF, a KWG DDI shareholder, may in time selective mine Black Thor whereby, because of the RR, some Black Thor Chromite Ore in addition to higher garde Big Daddy Chromite Ore would be direct shipped to Cr Alloy making furnaces. To save long haul freight costs these furnaces might be best located close to Nakina or Greenstone. Eventually the ROF area may also have furnace(s) for lower grade Chromite Ores &/or Concentrates.    

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