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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 Aug 25, 2016 11:22am
163 Views
Post# 25176047

The Baloney Meter: Ring of Fire development

The Baloney Meter: Ring of Fire development

"Briefing material for Infrastructure Minister Amarjeet Sohi, obtained by The Canadian Press under the Access to Information Act, says the province has been told repeatedly that "transportation infrastructure for the Ring of Fire region should be supported by the private sector interests involved in the project."

"Federal infrastructure money can't flow to the region without a specific funding request from the provincial government, and so far the Ontario Liberals haven't filed the necessary paperwork: Infrastructure Canada said it has yet to receive any applications for projects in the Ring of Fire, and the provincial auditor general criticized the Ontario Liberals for failing to apply for funding."

"The current government claims to be more activist. It still is in the situation where (mining) is a provincial jurisdiction and they're talking about infrastructure projects, but they don't actually have a plan as nearly as I can tell" for the area, Robinson said"

https://www.ottawacommunitynews.com/news-story/6824372-the-baloney-meter-ring-of-fire-development/


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