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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
Comment by oreelseon May 04, 2015 12:13pm
184 Views
Post# 23691459

RE:RE:50% of CLF's ROF Chromite "spoken for" still a None Starter

RE:RE:50% of CLF's ROF Chromite "spoken for" still a None StarterPosting due Probe having mentioned potential for PGM's in ROF Chromite & obvious potential for a KWG Probe relationship. Glencore's PGM recoveries from S African Chromite via Ultra Fine Grinding & Selective Flotation will have very much interested both Probe & KWG. --------------------------------------------------------------------------------- Toronto, April 28, 2015 – Probe Metals Inc. (TSX-V: PRB) (“Probe” or the “Company”) announces that it has granted options to acquire a total of 2,400,000 common shares of the Company to employees, consultants, officers and directors at the exercise price of $0.36 per share for a period of five years, subject to vesting requirements. About Probe Metals: Probe Metals Inc., a Canadian precious metal exploration company, was formed following the acquisition of Probe Mines by Goldcorp pursuant to the Arrangement, which retains approximately 18% in the Company. With a strong treasury, the Company is focused on executing a business model inspired by its award-winning predecessor Probe Mines, namely the acquisition and growth of quality projects through effective exploration and development. Probe Metals’ portfolio of properties currently includes a 100% interest in the Black Creek chromite deposit located in the Ring of Fire in Northern Ontario.
Bullboard Posts