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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Comment by pickdawinneron Jul 05, 2012 1:34pm

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Post# 20085195

RE: RE: Deposit

East York I believe you're reading it wrong..... I spoke with KWG this morning... all that the report is saying is that the overall tonnage of BD has increased in size without having to dig deeper but the chromite is of a lesser grade, however the higher grade chromite that was mentioned in the previous report is still there... it didn't evaporate or disappear... BD is still the better mine and the higher grade chromite ore can still be direct shipped

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