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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
Post by fahrenheit911on Dec 24, 2015 11:21am
109 Views
Post# 24411511

Fed Technology Chromite Funding

Fed Technology Chromite Funding

Wonder IF this funding ever got started and IF funding is going to be part of Lib policy

"Federal Natural Resources minister Greg Rickford wants to develop technology to extract the chromite at the Ring of Fire in a cost effective way.  To that end he’s created a $23-million fund for agencies that fall under his department to do just that.  Chromite is currently mined in other countries.   But Rickford says Canada wants to raise the bar on how the ore is removed and separated from the ground.  The $23-millon fund was announced in Tuesday’s federal budget.   In addition to extracting chromite, the new technology would also use be used to separate rare earth elements from other minerals."


Bullboard Posts