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 Apr 12, 2013 8:15pm

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Post# 21249615

RE: they open the door for our ore

New Bridge from Detroit to Windsor just approved by Pres Obama will cost $2.2 billion for completion in 2020. 12,000 direct jobs + 31,000 indirect.

Old bridge handling 8,000 trucks / day forecast to grow substantially, hence the new bridge is very much needed in addition to the old bridge

Canada will pay Michigan's new bridge construction share of ~$550 million, recouping it later from Toll Revenues.

As such, Cnd can also very much Fast-Track the ROF NS RR & recoup whatever later and in the interim exponentially grow greatly needed ROF related jobs.

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