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 Dec 19, 2013 9:40am

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Post# 22021899

RE:RE:RE:ONTC needs change.

"Dec 18 2013 (Reuters) - Brazilian miner Vale expects its consortium with Glencore in Sudbury nickel projects to be defined by the first quarter of 2014 and for the venture to operate as a single unit, Chief Executive Officer Murilo Ferreira said on Wednesday. .... The executive also said the world's largest iron ore miner's Samarco iron ore venture with Australian counterpart BHP Billiton had clinched a contract with U.S. steel company Nucor Corp." ... The latter augers well for ROF Chromite demand.

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