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 pickdawinneron Nov 26, 2015 9:56am

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Post# 24327704

Stoking the Fire

Some movement on Ring of Fire

Rocco Frangione—November 26, 2015

KWG, one of the companies hoping to mine chromite at the Ring of Fire, is looking at how to move the ore out. The company has hired FSDI of China to study the feasibility of a transportation corridor to the site which includes rail capabilities. FSDI specializes in building railroads. The study includes how to accommodate two First Nations whose territory take in the KWG claims. FSDI expects to complete the study fairly quickly paving the way for all parties to start talking early next year on how to advance the project.

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