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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 grim86on Jan 17, 2017 4:17am
187 Views
Post# 25716079

RE:just got off the phone with Bruce...

RE:just got off the phone with Bruce...
grim86 wrote: Don't expect any news release regarding the feasibility or funding thereof anytime soon. He said they are heading to China next month and have invited the chiefs of both Webequie an Marten Falls to accompany them in negotiations. He also said that a news release regarding commercial viability of the reduction process is forthcoming, but didn't give a time line. Anyone with questions just call him and leave a message he got back to me within 45 minutes.


dragon, I only stated what was told to me over the phone. I talked to Bruce, not Frank. He said the company had INVITED the reps of Webequie and Marten Falls, no confirmation of them actually going. Bruce said the delay was that it's chinese new year coming up and they would like to deal with the file afterwards. Lou's source apparantly said the delay was for visa/passports??? which doesn't make sense because I'm just a pee on and got my pass port within 3 days with a Colombian visa to do oil and gas down there. I digress. pear3, agree fully, for anyone who wants to hear from the horses mouth call 1 416 642 3575 ext. 103. oh thanks for saying I may have asked the right questions, cuz lou gave me a hard time about not grilling them over untimely news releases . Cheers gltya
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