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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 oreelseon Dec 06, 2013 7:47pm
214 Views
Post# 21981229

RE:RE:RE:All need to understand harper's politics

RE:RE:RE:All need to understand harper's politicsPosted below due today's Dec/6/2013 info on Bloomberg that Glencore has renewed their interest in the IOC, which very importantly includes the 418 km RR. Glencore no doubt sees great value in owning the IOC RR. . . As such, KWG owning the ROF NS RR & the Chromite Ore Upgrading Facilities will very much attract KWG Partner(s), especially if they have IOC RR low cost & high efficiency skills. . . "IOC is the largest manufacturer of iron ore pellets in Canada and its customer base covers North American, European and Asian steel producers. The Company operates a mine, concentrator and a pelletizing plant in Labrador City, Newfoundland and Labrador, as well as port facilities located in Sept-Îles (Quebec). It also operates a 418 kilometer railroad that links the mine to the port. IOC has approximately 2 500 employees and its major shareholder and operator is the international mining group Rio Tinto, which has activities in more than 40 countries throughout the world."
Bullboard Posts