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 oreelseon Aug 03, 2012 9:37am

143 Views

Post# 20180692

RE: RE: John Defur's post from 2007

zimmeee. Thanks. The end of the article is:

"The large impact crater filled with magma containing nickel, copper, platinum, palladium, gold and other metals. As a result of these metal deposits, the Greater Sudbury area is one of the world's major mining communities. The region is one of the world's largest supplier of nickel and copper ores. Most of these mineral deposits are found on the outer rim of the Basin.Will the McFaulds (ROF) Basin be the next Sudbury?"

The ROF Basin Rim is, as we now well know, also hosting the only Chromite Ores in all of North America which are also huge in dimension & especially high grade. They are also associated with PGEs (PGMs) as is the case in S Africa.

If KWG is up for sale to an Xstrata, as an e.g., the KWG price should be the current CLF beaten down KWG 6 cents times many arms & many legs. Calculations plse!

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