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 pickdawinneron Jan 18, 2014 11:51pm

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Post# 22108349

RE:Hoverbarge proposed for year-round access to Ring of Fire

"Self-propelled, diesel-powered versions can carry up to 200 tonnes and travel at a speed of 10 kilometres an hour over muskeg, water and ice. Larger units would be towed by a tractor with oversized balloon tires". At 10 km an hour that'll be a 3 day trip one way... so who will be making the bucks if a hovercraft is used to haul the cromite... I could see them using this as a means of transporting the equipment etc..up to start the development of the mine but for the hauling of the chromite you're fair better off with a rail road

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