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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
Post by Profit79on Apr 25, 2013 5:17pm
153 Views
Post# 21303966

Ruling

Ruling

I contacted the MNR about a month ago regarding where they were at with their judgement. The response I got was that they were waiting for CLF to submit the environmental assessment plan, and then they would make the judgement based on those facts in combination with KWGs rail study. I think the key in finding out when the ruling will come is finding out how far along CLF is with the EA. I have tried with no luck to find out anything about CLF's EA, so maybe someone on this board can help do some due diligence, as opposed to everyone just throwing baseless facts left right and center.

Bullboard Posts