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 Nov 24, 2013 6:10pm

223 Views

Post# 21936503

RE:RE:Sell 70% of Big Daddy to Xstrata

mookster. Neglected to mention that for Environmental reasons, CLF's ROF Chromite Deposits may need to be 100% Underground Mined, at least in the early years.

A plus is the possiblity of Precious Group Metal Thin Horizons (PGMs) which need to be carefully (selectively) mined to substantially reduce PGM dilution.

Again Glencore Xstrata are experts.

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