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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

Post by investoraton Mar 02, 2021 3:26pm
206 Views
Post# 32697254

Environmentalists and pie wanters

Environmentalists and pie wantersThings are moving to fast for the tree huggers and the natives who want a piece of the pie.
Sounds like there isn't much they can do about it. The proponents are First Nations and the minerals are in their territories. Wabasse just signed an exploration MOU

"Canada’s federal Impact Assessment Act does not explicitly allow Wilkinson to declare a "moratorium" on assessments, and it offers a relatively narrow range of options for assessments to be ended. Essentially, either the proponent has to tell the Impact Assessment Agency of Canada or the minister in writing that the project won’t be carried out or otherwise fail to provide information within certain time limits."

https://www.nationalobserver.com/2021/03/02/news/pause-ring-of-fire-work-until-plans-place-clean-water-peatlands

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