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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 28, 2014 8:19am
171 Views
Post# 22262728

JUST SAY THE ONTC WILL SERVICE THE ROF

JUST SAY THE ONTC WILL SERVICE THE ROFhttps://www.wawa-news.com/index.php?option=com_content&view=article&id=19916:michael-gravalle-ministers-advisory-on-the-ontc&catid=41:news&Itemid=201

Michael Gravalle - Minister's Advisory on the ONTC
Written by Michael Gravelle, Minister of Northern Development and Mines   
Thursday, 27 February 2014 16:35

 

On Thursday, February 27, 2014 Minister of Northern Development and Mines Michael Gravelle issued the following statement:

“It was one year ago, in March 2013, that I created the Minister’s Advisory Committee on the ONTC. Over that time we have had some frank and important discussions about the future of the ONTC and have reached a consensus that the status quo is no longer an option, but that divestment is not the only path before us. I was pleased to meet again today with my advisory committee.  We were happy to have the opportunity to hear from representatives from the General Chairperson's Association (GCA) and ONTC’s management team.  I appreciate the efforts of both management and labour and recognize that considerable work that has gone into the preparation of their integrated business plan. The report will be useful as we continue to explore options in moving forward with the ONTC transformation.

I can say that I am encouraged to know that the union, ONTC management and the MAC all agree that change is needed.  We have challenges ahead of us but we share a commitment to finding a sustainable solution for transportation and telecommunication services in Northern Ontario. We continue to explore options as we move forward with the ONTC transformation. Today’s discussions will definitely help guide that process.

 

Our goal throughout this process remains unchanged; ensuring northern communities and industries benefit from viable, efficient and sustainable transportation and communications systems. Indeed, our government is committed to its role in supporting a, resilient, prosperous regional economy that attracts people and investments - and jobs - to Northern Ontario.

 

We will continue our work and thoroughly examine all options with the goal of finding a sustainable solution for the ONTC that serves the interests of Northerners.”

 

 –Michael Gravelle, Minister of Northern Development and Mines

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