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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 flybyyouon Jun 19, 2013 12:47pm
196 Views
Post# 21542923

KWG cosidering Nat Gas for processing

KWG cosidering Nat Gas for processing

"Chromite development

KWG is studying the feasibility of utilizing low-cost natural gas with the Ring of Fire's high-grade chromite to facilitate the production of direct-reduction iron and ferrochrome products for export. A sufficient export market share would enable the achievement and maintenance of profitable mining production rates. "                 This is actually a very good idea consideing that the electricity is more then likely produced from gas powered generating stations.  It is more efficient to burn the gas directly in the furnace.  The gas supply can also be used by the FN to generate electrical power as well which is cleaner and cheaper then diesel.

Bullboard Posts