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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 lou64on Feb 24, 2022 3:35pm
253 Views
Post# 34459314

Matawa tabled what they want

Matawa tabled what they wantAll 9 are on the same page and they forward exactly how things will work ... now they wait for their response from the Federal Gov't ...

NOW THINGS WILL MOVE ALONG and Noront will be out of the picture after March 15 th Wyloo taking them out and the Noront shareholder will be nonexistent because of the 20 % amendment 

LEAVING WYLOO AND KWG moving into mining territory ... anyone interested in Wyloo buying your shares ?

not at these levels

Matawa calls for joint “northern development table” in federal budget submission

Matawa tribal council says step will set the stage for economic development in the North, including of the Ring of Fire.
David Paul Achneepineskum CEO Matawa
Matawa CEO David Paul Achneepinescum. (File photo)

THUNDER BAY – The Matawa tribal council is asking the federal government to work hand-in-hand on economic development issues in Treaty 9 territory in Ontario’s north.

The council, representing nine First Nations, said it’s pushing for the creation of a Matawa/Canada Northern Development Table as it provides feedback on the upcoming federal budget.

That step would help “[forge] a new path forward for Indigenous-Crown relations” and “maximize the benefits of the development of the north,” the council said in a statement issued Wednesday.

 

Matawa’s written pre-budget submission was also shared with local MPs Marcus Powlowski and Patty Hajdu, also Minister of Indigenous Services Canada, it said.

The request to establish the table comes after Matawa objected to what it called its exclusion from a draft agreement between Canada and Ontario for the Impact Assessment Agency of Canada Regional Assessment for the Ring of Fire.

“The Matawa Chiefs Council have consistently stated the position that the development of the North including the Ring of Fire mineral deposit will require the participation of our people of the Matawa First Nations, the governments of Canada and Ontario, industry and investors to maximize the potential multi-generational benefits that are anticipated," said CEO David Paul Achneepineskum.

That involvement will be crucial to provide investor certainty, Matawa added.

 

Matawa’s submission requested Minister of Crown-Indigenous Relations Marc Miller be designated the federal lead to work alongside member First Nations on the economic development issues in Treaty 9.

It also seeks ongoing funding to support Matawa’s involvement in the development table.

“Canada needs to fund First Nations to be actively involved not just when Canada is considering changes or adding new regulations,” the council stated. “As a Treaty partner – First Nations must be funded to ensure equitable decision-making processes in this new era of partnerships and regional development.”

The federal government is accepting public feedback online on the 2022 budget until Friday, Feb. 25.


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