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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 pickdawinneron Feb 15, 2014 11:08pm
483 Views
Post# 22214967

Is ministry's map compliments of cliffs?

Is ministry's map compliments of cliffs?

Press Release: “Ontario Driving Progress on Ring of Fire”

https://ecocidealert.com/?tag=chromite

by Ramsay Hart, Mining Watch News List, Feb 13, 2014

Three comments from the MW peanut gallery….

1. If Minister Gravelle were a corporation he’d be out of compliance with disclosure requirements of the Ontario Securities Comission for touting the gross value of a mineral deposit. You’re not supposed to do that because the gross value is pretty meaningless without consideration of capital and operating costs.

2. Ontario can not really drive development absent economic conditions that make investements viable.

3. Where is the parallel regional structure to look at environmental aspects like base line data collection, cumulative effects, monitoring, regional mitigation, and environmental standards?


Ministry of Northern Development and Mines

Ontario is taking another step towards the development of the Ring of Fire. The firm Deloitte LLP has been brought on to help establish the development corporation, which will be responsible for infrastructure in the Ring of Fire region.

Deloitte LLP will act as a neutral, third-party resource for key partners, including First Nations, the provincial and federal governments and industry.

Deloitte LLP will work with Ring of Fire partners to set clear paths and timelines for decision-making, create guiding principles for the development corporation, and seek consensus on the corporation’s next steps.

Work is also underway to help partners build a common understanding of infrastructure needs in the region. A third-party research report will examine existing infrastructure proposals and establish a common technical basis to inform decisions to maximize the economic and social potential of the Ring of Fire region.

Building infrastructure and working collaboratively with First Nations on economic development is part of the government’s economic plan that is creating jobs for today and tomorrow. The comprehensive plan and its six priorities focus on Ontario’s greatest strengths — its people and strategic partnerships.

Michael Gravelle


Bullboard Posts