KWG Resources Inc C.CACR

Alternate Symbol(s): KWGBF | C.CACR.A

Metals & Mining Copper

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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Post by pickdawinneron Jul 05, 2016 9:01am

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Post# 25022410

RING OF FIRE TAKING NEXT STEP

Tim Rout — July 4, 2016

https://www.mycochranenow.com/5429/ring-fire-taking-next-step/

The recommendations from a study on the corridor link to the Ring of Fire are expected very soon. The federal and provincial governments have been studying what route to pursue along with four First Nations near the chromite site. The study is looking at the cost to build a road or rail to move the ore out of the Ring of Fire. The biggest player at the Ring of Fire, Noront Resources, prefers a road, while another major miner, KWG like the rail option.