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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 helpful1on Dec 06, 2013 7:06pm
227 Views
Post# 21981145

Great Meeting in Ottawa-Let's move again now

Great Meeting in Ottawa-Let's move again now
So,Fed's agree in principle with was discussed in Ottawa.Everyone knows there is $60 Billion plus in mineralization in Ring of Fire.It's like a very,very large pot of Gold(Chromite) just looking for some large company to step up & invest in the project.What about if Province on Ontario's financial commitment were thrown in to start the project going now.Start by building a service road infrastructure,along with hydro transmission lines.Everyone knows the weight of chromite requires a railroad being used eventually & study completed ship by railway is 1/6 cost of using All Season roads.The key is getting chromite to a smelter or market.Follow Frank's Plan.
  If this project were started with provinicial money & companies who mine in the Ring of Fire can pay their fair share towards the infrastructure costs as they sell their product.KWG Resources has the key right of way,patent applications already under way . plus Chromite they have access too in the Ring of Fire which makes them very much more valuable than yrs ago.I think once everyone is on side the sooner we start building the sooner we can get product to market.Sitting on our hands stalling just delays everything.Let's hammer out a deal  & get moving.Glencore has lots of funds .They could come in form a partnership with KWG,Noront, & move forward.Who needs Cliff's .They were only looking for a free handout,well that failed.
Everyone's quality of Life improves as a result.Jobs,Prosperity,Tax Revenue coming in for government.Everyone wins  !!!!
Bullboard Posts