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KWG Resources Inc C.CACR

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

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

Post by goodheart-ron Mar 01, 2021 3:04pm
182 Views
Post# 32687288

More troubles

More troubles

Environmental opposition to the Ring of Fire is growing – by Staff (Northern Ontario Business – February 25, 2021)

https://www.northernontariobusiness.com/

Toronto environmental law group joins voices calling for protection of Far North wetlands

A Toronto-based legal group is throwing its support behind the opposition to development in the Ring of Fire mineral belt.

The Canadian Environmental Law Association (CELA), whose clients are the Friends of the Attawapiskat River, is calling for an immediate moratorium on all mineral exploration and all mine-related development, including a halt to the environmental assessments underway for the proposed community, supply, and ore-haul access roads.

They’re throwing their support behind Mushkegowuk Council and Neskantaga First Nation that a protection plan must be put in place first – safeguarding wetland and watersheds in the Far North and respecting Indigenous rights – before any further action takes place.

The protection plan would be based on available science and traditional knowledge of the land that reflects the ecological significance of the Hudson Bay and James Bay lowlands.

They collectively say health, housing, clean water, and Indigenous and treaty rights must be prioritized and secured before there’s construction and mining.

For the rest of this article: https://www.northernontariobusiness.com/regional-news/far-north-ring-of-fire/environmental-opposition-to-the-ring-of-fire-is-growing-3457667

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