KWG Resources Inc C.CACR

Alternate Symbol(s): KWGBF | C.CACR.A

Metals & Mining Copper

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 pickdawinneron Dec 12, 2015 8:48pm

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Post# 24380200

RE:RE:Marlboro's comparison Nikel and Chromite ...LOL

MarlboroDog wrote:

Of course, you're bang on with this question. The answer is that the road isn't for Noront's single nickel mine. The road is to open up the entire Ring. Officials estimate that as many as a dozen mines could be working in that area within a decade if it was opened up. So to say that spending money on infrastructure to support a single mine is not financially viable would be correct, except that it wouldn't be for one mine.

MD Yes maybe there will be other mines operating but how many are gong to be able to use the EW road. Sorry to be throwing water on your camp fire but Chromite appears to be the number 1 resource in the Ring of which the EW route would not be able to accomodate due to the weight of the ore... so we're back to square 1 that spending money on infrastructure to support a single mine is not financially viable until of course maybe other nickle mines are found also within the Ring.

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