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KWG Resources Inc C.CACR

Alternate Symbol(s):  KWGBF | C.CACR.A

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.


CSE:CACR - Post by User

Bullboard Posts
Comment by oreelseon Jan 03, 2013 1:12pm
203 Views
Post# 20793182

RE: Fox Article and KWG

RE: Fox Article and KWG

Y! Canada: Some groups have suggested they think these companies are exploiting the communities but it sounds like you have a positive outlook. Is that safe to say?

Fox: I think I have a cautious approach. The EA isn't done. So when the Environmental Assessment is done, then we'll know the full impact. The benefits have to be larger than the impacts, otherwise it would be shorthanded.

I think the Ring of Fire companies, Noront and Cliffs, have a strong interest in its project succeeding and the community of Webequie has a strong interest in seeing its community succeed.

Y! Canada: You're confident that you can find a solution that works for the community and the companies involved?


Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?s=KWG&t=LIST&m=31975391&l=0&pd=1&r=0#XOPjJsMm0HI1mbsI.99

 

KWG/DDI/CCC are part of Cliffs and as far as Multi-Nationals' money & know-how to fast-track the ROF NS RR & all Environment Safeguards are concerned; KWG/DDI/CCC is the main part of Cliffs.

 

In the process, Cliffs' ownership may soon change.

Bullboard Posts