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 20, 2012 4:24pm

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Post# 20392695

RE: chinese rail money for quebec

nsross1. Your post re RRs most telling, thanks.

Re the ROF, its NS RR may end up being owned by a KWG/DDI/CCC - China partnership, whereby the RR can't charge & do whatever.

From your post:

"At this point, he said he does not see a CN-run railway as being in the best interests of his company. He described a user-owned railway — wherein the company teams up with others mining companies active along the Quebec-Labrador border — as “problematic” as well.

On the other hand, Adriana’s China-based partner, an arm of Wuhan Iron & Steel Co. (WISCO), has put forward an offer to see through the construction of a line for specifically transporting Lac Otelnuk iron ore."

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