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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

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Post by pickdawinneron Feb 29, 2016 11:54am
223 Views
Post# 24605277

let the Truth be known

let the Truth be knownOur only hope is Frank working out a deal with the Chinese

Sudbury letter: Budget snubs Northern Ontario

By Sudbury Star Staff

 

The Liberal government in their 2016 budget have continued to do what they've done for years -- ignore Northern Ontario. In his budget speech, Finance Minister Charles Sousa failed to mention the North at all, not even once.

In the 346-page document itself, Northern Ontario is glossed over with little to no reference. The only time there is any serious mention of Northern Ontario is the third re-announcement of the Ring of Fire funds. The same funds that remain untouched and unused.

That's right, the Ring of Fire is such a priority to the Liberal government that they won't even spend a single dollar. It's one thing to break a promise; it's another to break it three times over.

The lack of mention of the North by Minister Sousa is not a mistake. This is the same government that's held photo-ops for Northern programs in Barrie and Richmond Hill.

Northern Ontario's infrastructure is suffering from the lack of attention Premier Kathleen Wynne and Minister Sousa have provided -- just look at the Nipigon bridge debacle for example.

This third announcement of the Ring of Fire funding is not "third time lucky" for the North; it is rather an indication of what the Wynne government thinks of Northern Ontario -- not much!

Patrick Brown Leader, Ontario PC Party

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