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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

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Post by oreelseon May 31, 2013 8:19pm
100 Views
Post# 21469244

Chromite containing PGMs in South Africa

Chromite containing PGMs in South Africa

For what its worth: The following info is from https://www.turnstone.ca/ug-2chr.htm. Glencore Xstrata have world-class expertise in Chromite mining with and without PGE contents which they are well able to recover. "The UG-2 ore is found in both eastern and western limbs of the S Afr complex, and the two famous reefs are destined to be the major suppliers of platinum, in particular, for the forseeable future. The Merensky and UG-2 reefs host some 90% of the world's known PGE reserves and produce roughly 80% of the Pt and 20% of the Pd mined each year. The UG-2 is quite thin, 75-150 cm from top to base, typically with about 7 parts per million by weight of (Pt + Pd + Rh + Au). This is a rich grade, compared with most PGE-bearing deposits, and combined with the great lateral extent of the gently- dipping reefs explains the primacy of the two principal reefs. Furthermore, the Bushveld ores are relatively rich in Pt, whereas elsewhere in the world many deposits show higher proportions of the generally-cheaper Pd. Curiously, the CR2O3 content is quite modest, generally near 32 weight percent, and without the high PGE "coproduct" value, the UG-2 might not be an economically viable chrome deposit." The ROF has very high grade Chromites & in addition has every possibility of substantial PGEs in both higher & lower grade Chromites, etc; which as previously posted may now be even more of interest to the combined Glencore Xstrata with or without ROF partners. Above from Graham Wilson, 29 October 2006

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