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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 Jun 30, 2016 9:01am
161 Views
Post# 25011597

Minister urges Ring of Fire Patience

Minister urges Ring of Fire Patience

Northern Development and Mines Minister Michael Gravelle said Wednesday the study will look at the best way to access ore deposits.

The study, which was announced in February 2015, was to be completed in March of this year, but the group conducting it was given a three-month extension.

It was expected to be wrapped up by the end of June, Gravelle said Wednesday after a funding announcement about another issue at Laurentian University.

"I recognize people tend to be impatient about the project moving forward," said Gravelle of the Ring of Fire. "The fact is, ultimately it will be the markets that will decide" when that happens

https://www.thesudburystar.com/2016/06/30/minister-urges-ring-of-fire-patience-in-sudbury-trip
Bullboard Posts