KWG Resources Inc C.CACR

Alternate Symbol(s): KWGBF | C.CACR.A

Metals & Mining Industrial Metals & Minerals

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

KWG Resources Inc

Bullboard Posts

Comment by Dragon23on Jun 05, 2017 4:48pm

151 Views

Post# 26326716

RE:RE:RE:RE:RE:RE:It appears that the new shiny ROF shovel wil have to wait...

Question Johnale...why would you state:Chromite wasn't on the radar for noront up until a few months ago, and now all of a sudden, they want to build a smelter. Ha!

It is very clearly incorrect huh?

An updated Blackbird chromite NI-43-101 resource estimate, completed in March 2012, tripled the previous 2009 estimate and showed a 44 Mt resource with grades in excess of 35% Cr₂O_3, and chrome-to-iron ratios of approximately 2.0. In addition, the chromite mineralization at Blackbird remains open along strike and at depth.

Initial metallurgical test results indicate that a marketable high-grade chromite concentrate product with grades in excess of 50% Cr₂O₃, recoveries greater than 80%, and chrome-to-iron ratios greater 2.1 could be produced at Blackbird.