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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 biggreekon Nov 19, 2013 11:46pm
152 Views
Post# 21921611

RE:did anyone look in moose mountain mine smelter site ?

RE:did anyone look in moose mountain mine smelter site ?Capreol is a five minute drive from Valley East, the most rapidly expanding part of Sudbury, with a population of over 15,000. Capreol is also about a 10 to 15 minute to the Falconbridge smelter so its not in the middle of nowhere> Capreol is also a divisional point for the CNR, this where the main line turns for Toronto.Infastructure costs will be a small ,compared to Nakina and a skilled workforce in place. As for hydro, the major transmission line to Falco are not far away and you can be sure, the rates will be discounted, Glencore made sure of this when they moved their smelter from Timmins to Rouyn.KWG  should start drilling the Bold Venture property, no money will be given for a  railroad until there are signed contracts to haul feed, that includes Noront property and Cliffs, Unless Cliffs and Noront come on board, KWG railroad is a pipe dream.
Bullboard Posts