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 oreelseon Sep 15, 2014 12:09pm

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Post# 22936655

RE:President of South Korea Harper Visit mid Sept 2014

In addition to South Korea POSCO's past ownership of Canada's Ontario Atlas Stainless Steel Corp being a factor re ROF Chromites & KWG's Adding-Value Furnace(s) leadership; recall Outokumpu Engineering building a Copper Smelter in South Korea, for very little equity, after Noranda backed out. KWG with PM Harper considering Posco & maybe also Outokumpu Chromite to Ferro Chrome construction & operating expertize may make sense. Of course Glencore &/or Vale may compete.

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Visionstate set to leverage success in the U.S. market