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 23, 2012 12:38pm

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Post# 20252556

RE: DDI RECENT EVENTS AND OUTLOOK

This is why KWG & DDI are holds & accumulates:

"Debut plans to drill test with a hollow stem auger capable of coring bedrock once it is reached; therefore enabling the identification of kimberlite. This will be followed immediately by a program utilizing a diamond drill to reach deeper targets. The first phase of drilling at Nakina represents an initial expenditure of $750,000 for the exploration of select targets that are located within the traditional lands of Aroland First Nation."

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