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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
Comment by oreelseon Oct 08, 2016 4:00pm
154 Views
Post# 25325808

RE:RE:RE:ROF Ni Conc & Chromite Ore Custom Shippers

RE:RE:RE:ROF Ni Conc & Chromite Ore Custom Shippers

At this stage, Targeting the following is most critical: i.e. Maximum Value Adding to all ROF Chromite Ores to be shipped via KWG's ROF NS RR South to the Canadian National EW RR where nearby, All ROF Chromite Value Adding for Maximum Ferrochrome, etc Netbacks should take place for KWG's Canadian & International Marketing for Maximum Netbacks to all ROF Chromite Custom Shippers to KWG. ROF FN being fully involved in all aspects is a musts must.

https://www.chroniclejournal.com/news/local/assessment-work-must-start-soon/article_8091f136-8d0f-11e6-b6b9-77a7aa1a51b8.html

"Another player, KWG Resources, has been advocating for a north-south rail line. That option would be more expensive to build than a road, but is believed to be cheaper in the long run for transporting ore and other materials out of the Ring of Fire.

On Wednesday, RoF First Nations, Aroland and Marten Falls, reminded both Noront and KWG that they need to consult with the bands while they make proposals for development.

“So far, that hasn’t been happening,” the bands said in a joint news release.

“Our jurisdiction over our territories must be respected and honoured by both the (province) and industries that wish to develop mines or transportation infrastructure on our territories,” the release said.

Both Noront and KWG have earlier pledged to consult First Nations in the RoF belt."

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