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 Sep 16, 2012 2:07pm

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Post# 20373166

RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: RE: cl

Tarquin4. ROFs Chromite quality & location are more like Gold compared to abundantly available Fe Ores; CLF no doubt agrees.

What you're referring to is dated 9/15/12 and is re-posted below:

What's possible are 3 ROF Chromite Ore mines, two owned by CLF (Black Thor & Black Label) & one owned by KWG & Xstrata (Big Daddy); all being expedited into production

To facilitate this, CLF would sell its KWG/DDI shares & also its Big Daddy ownership to Xstrata who would then become KWG's DDI's partner. If not Xstrata, then one or more of its Mega Rich competitors.

The ROF NS RR would be fully financed by the CN Railroad & fast-tracked, also all ROF related EAs would be expedited.

Background: Per CLF dated May 25, 2010 PR, CLF "planned to develop its wholly owned Black Thor deposit, which was larger and wider than the Big Daddy project, as well as its Black Label Chromite deposit first. However, obtaining control of Big Daddy would enable Cliffs to develop the most appropriate integrated long-term mine plan for moving this new mining district forward," said CLF's Mr. Boor.

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