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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 helpful1on Mar 23, 2014 11:13am
304 Views
Post# 22357020

New Appointment of Natural Resources Minister

New Appointment of Natural Resources Minister
Now,that Greg Rickford has been appointed by P.M. Steven Harper speaks volumes for continued progress in the Ring of Fire replacing Joe Oliver.Greg is the right man for the right job because of his experience working with first nations.He came into politics to improve economy & infrastructure of the First Nations.Early in his career he worked as a nurse & lawyer in remote communities in northwestern Ontario.The government's relationship with oboriginal communities & his willingness to help finance their development is key..
In Ontario,the provincial government has been urging the federal government to play a more substanial role in paving the way for development in the Ring of Fire,a massive chromite delvelopment  near James Bay Lowlands,good mining for more than 100 yrs,Well north of $60,000,000,000 in rich minerals which will supply the jobs Ontario has been lacking.This Ring of Fire has been compared to The oil sands of Alberta.
In November,Premier Kathleen Wynne sent a letter to P.M. Harper,urging Ottawa to match Provinicial funding for infrastructure delelopment.
 I think this appointment is a really opportunity for the province to continue to make a case for Federal Government to come to table & become a full partner in this.Ontario Minister of Northern Development,Michael Gravelle,said in an interview.Good chance there will be direct funding for the Ring of Fire in the upcoming budget.
Bullboard Posts