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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

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Post by pickdawinneron Mar 04, 2014 10:10am
173 Views
Post# 22277237

Required technology for the ROF?

Required technology for the ROF?

Harper Government Supports Development of Mining Robotics Technology in Northern Ontario

Harper Government Supports Development of Mining Robotics Technology in Northern Ontario

FedNor Minister Greg Rickford today announced an investment to assist a Northern Ontario firm develop cutting-edge, remote-controlled robotics technology for use in underground mines. The Minister made the announcement while visiting the Northern Ontario Mining Showcase at the Prospectors and Developers Association of Canada (PDAC) Convention in Toronto. The Showcase is a FedNor-supported initiative that positions private sector companies and communities to promote themselves to the more than 30,000 participants attending the biggest mining conference in Canada.

The FedNor investment will assist Penguin Automated Systems Inc. develop a new assessment and removal robotic system. The innovative, remote-controlled system will be designed to enter confined spaces to safely manage rock hang-ups preventing production. The robot will be capable of non-contact measurement, information analysis, drilling and the loading of explosives for remote detonation. The system will address significant workplace safety hazards while increasing production in the mining sector worldwide.

During the development stage of the project, Penguin Automated Systems will hire 30 engineers and technical workers and, in the long term, the company expects to create up to 20 new manufacturing jobs in Sudbury, Ontario.

As the lead federal Minister responsible for the Ring of Fire development, Minister Rickford addressed the PDAC Board of Directors and met with a variety of mining stakeholders from across Northern Ontario to discuss issues important to the region.

“Canada is a global leader in the mining industry and our government is proud to invest in science, technology and innovation to advance this important sector of the economy. Today’s announcement will assist a Northern Ontario company use its technological know-how to create an innovative solution that will help increase productivity in mines in Canada and around the world, while keeping miners safe.”

The Honourable Greg Rickford
Minister of State for Science and Technology, and FedNor, and Minister responsible for the Ring of Fire

“Penguin Automated Systems Inc. is proud to partner with FedNor and the Government of Canada to develop the Hang-Up Assessment and Removal Robotic System. By introducing this new system to the global marketplace, Penguin is achieving its goal of improving safety standards for workers, while enhancing productivity for our clients.”

Dr. Greg Baiden,
Chief Executive of Penguin ASI and former Canada Research Chair in Mining Robotics at Laurentian University


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