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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 helpful1on Jul 22, 2016 2:14pm
203 Views
Post# 25076693

First Nations likely to Partner 50% of KWG Resources

First Nations likely to Partner 50% of KWG ResourcesIt is quite likely after consultation with the elders that they indeed will join forces with KWG for 50%.This is a great opportunity to develop the Ring of Fire.The study shall be released soon & best road direction will be suggested.Also FSDI is busy completing their cost analysis.Once that is completed they will apply to Canada of China to fund the RR.CNR is also in on this being shipper of choice to ship semi-finished fero chrome through ST.Lawrence seaway & onto China.
  This really is a great opportunity for First Nations partnering with KWG Resources & being able to secure a great future for the First Nations & put them on the map for revenue for a long time.Likely,the one and only contract offer they will get.Chinese want our chromite so let's have them build the RR ,Mine & Reduction Plant in concert.The jobs created form this project will help open Northern Ontario to benefit all those involved to build a better future.
Bullboard Posts