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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 jamesbayon Mar 17, 2016 8:34am
121 Views
Post# 24668662

Liard basin a reminder of Canada’s great energy potential

Liard basin a reminder of Canada’s great energy potential

A new estimate of the natural gas resource held in the Liard basin straddling the British Columbia, Yukon and Northwest Territories borders should be reason for celebration — with 219 trillion cubic feet of marketable natural gas, it’s one of the largest shale gas deposits available in the world.

In better times, such an eye-popping number would have triggered stock appreciation, pumped governments to invite development and promoted competition between corporate players eager to get in on the action.

But with the pile of nixed and challenged energy projects getting bigger, and natural gas prices languishing, the Liard’s supersized resource estimate mostly serves as a reminder that Canada has great resource potential — but don’t count on it any time soon.

The reasons behind the country’s struggles to turn resources into exports are consistent: regulatory delays, opposition from aboriginal and environmental organizations, climate change worries, political mishandling and, ultimately, changing market conditions.

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