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 helpful1on Apr 30, 2017 1:08pm

254 Views

Post# 26184529

Chief Plans China Trip to discuss R.O.F Rail Line-see globe

In addition to Greasemonkies post.The framework is now in place for a large deal.By,this I mean offtake agreement for the project.I favour Federal Government jumping in now to pledge funds for much needed infrastructure & jobs for First Nations.There has been a steady stream of cabinet ministers that have visited China recently.This lays groundwork for a deal.Get this heavy financers Blackrock INC(World's largest asset manager)getting involved.Also investment Hong Kong Monetary Authority & S.A.F.E.State Administration of Foreign Exchange which just happens to manage China's Foreign Exchange Reserves.
I thinks this May 15th meeting will produce a deal for $4 Billion for RR & Mining operations.There has been lots of talk Canada reaching out for more business with China.Chinese need chromite for stainless steel industry.So,let's open up the north with announcement of a Railway & get this multi billion project underway.

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