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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Comment by Dragon23on Feb 15, 2016 8:05pm

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Post# 24560302

RE:RE:RE:RE:Lack of news

No legitimate comparison between Cliffs an Noront Lou. Cliffs were in some considerable trouble for years, then bought Bloom hoing against hope that the all time high price of iron ore would continue....it ddn't...the rest is history. Cliffs demise had nada to do with their ntended role in the ROF. Their demise simply opened the door for Noront (Franco if you wish) to be the opportunist. Lou, anyone who knew anything about the iron ore industry seen the handwriting on the wall for many years for Cliffs. Wabush Mines was on life support for literally years.

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