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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 Oct 30, 2014 7:44pm
230 Views
Post# 23079549

ndp demand feds to get rof going

ndp demand feds to get rof going
NEWS RELEASE: NDP DEMANDS CONSERVATIVES SHOW LEADERSHIP PROMISED ON RING OF FIREposted in Northern Ontario Politics, Ontario's Ring of Fire Mineral Discovery | FOR IMMEDIATE RELEASE October 30, 2014 OTTAWA – Following claims from Cliffs Resources’ chief executive officer that the future of the Ring of Fire is in question, New Democrats are demanding Conservatives drop the silent treatment and work to make sure the project moves forward. Today, NDP MP Claude Gravelle (Nickel Belt) demanded answers from the Conservatives as to when Northern Ontarians can finally expect the economic investment in the Ring of Fire they’ve been promised. Claude Gravelle: The new CEO of Cliffs Natural Resources sees zero hope of developing the Ring of Fire in the next 50 years, he cites no plan, no infrastructure, no leadership. This means no jobs, no investments for Northern Ontario and no benefits to Ontario’s broader mining, finance and technology sectors. Almost all of the government’s Ring of Fire announcements failed to materialize. When will this government show the leadership it promised over a year ago and work with ‎Ontario to make Ring of Fire happen? Greg Rickford, Minister of Natural Resources: First, Mr. Speaker, I want to thank the member for his generally positive tone and effective interaction he has had on Ring of Fire up until that question was put. The president’s remarks are, indeed, regrettable. While Cliffs has taken a business decision regarding its operations in the Ring of Fire, industry proponents, communities, including first nations communities, the government of Ontario and our government are quite optimistic about the prospects for Ring of Fire and we will continue to work collaboratively to ensure that we maximize the enormous economic potential for the Ring of Fire and the infrastructure that is required to support those projects. – 30 – For more information, please contact: Emily-Anne Paul, Press Secretary, 613-558-0674 or Emily-Anne.Paul@parl.gc.ca https://www.republicofmining.com/2014/10/30/news-release-ndp-demands-conservatives-show-leadership-promised-on-ring-of-fire/
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