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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Post by B212on Nov 19, 2014 1:49pm

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Post# 23144711

Ontario Premier requests meeting with Harper after being reb

s The Globe reported Wednesday, Ottawa and the province are at odds over infrastructure spending. The federal government wants to start announcing projects with its 10-year, $14-billion Building Canada Fund for infrastructure that was announced in the 2013 budget. Federal Finance Minister Joe Oliver has been criticizing the province for failing to submit a list of projects for funding. Natural Resources Minister Greg Rickford has also said Ontario should include infrastructure projects related to the Ring of Fire mining proposal under the Building Canada Fund.

Ontario wants Ottawa to match its $1-billion pledge for Ring of Fire infrastructure independently of the Building Canada Fund.

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