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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 MC2021on Apr 29, 2022 9:31am
209 Views
Post# 34641847

Building the Corridor to Prosperity: Ring of Fire

Building the Corridor to Prosperity: Ring of Fire

Building the Corridor to Prosperity: Ring of Fire

 

https://budget.ontario.ca/2022/pdf/2022-ontario-budget-en.pdf

 

See Page 25: "Building the Corridor to Prosperity: Ring of Fire"

 

The Ring of Fire is one of the most promising mineral deposits in the world and will play a key role in Ontario’s future economic prosperity. It will create jobs, unlock critical minerals and bring multigenerational opportunities to Northern and First Nation communities. Allseason, dependable road access is a prerequisite to unlocking opportunity in the region. These roads will help bring critical minerals to the manufacturing hubs in the South, which will bring prosperity to Ontario’s North, including First Nation communities, improving access to education, health care, goods and services, and housing.

Ontario has committed close to $1 billion to support critical legacy infrastructure such as allseason roads to the Ring of Fire. To support the construction of allseason roads, the government approved the provincial Terms of Reference for the Environmental Assessment for the proposed Marten Falls First Nation Community Access Road and Webequie First Nation Supply Road projects in October 2021. In addition, in April 2022, Marten Falls First Nation and Webequie First Nation announced that they will be submitting a Terms of Reference for the proposed Northern Road Link Environmental Assessment. The proposed road is the final piece of critical road infrastructure needed to ensure reliable, allseason road access to potential mining sites in the Ring of Fire and connect both First Nation communities to Ontario’s highway network. The provincial government will continue to work with the federal government to coordinate the impact assessment requirements for these projects.

Geopolitical forces are fueling a surging demand for reliable and responsibly sourced critical minerals, making this a strategic imperative for Canada. The Ring of Fire will bring significant economic, social and community benefits to the entire nation, and this historic project needs a full federal partner. This is why Ontario will continue to call on the Government of Canada to step up and match Ontario’s funding commitments to getting the road to the Ring of Fire built.

Section A: Rebuilding Ontario’s Economy

25

  

Chapter 1: Ontario’s Plan to Build

Chart 1.1

Proposed Corridor to Prosperity

 Proposed Marten Falls First Nation Community Access Road and Webequie First Nation Supply Road

   Webequie First Nation

Proposed Northern Road Link

   Ring of Fire Area

      Assembly Plants

2 Locations with

two Assembly Plants Battery Manufacturing Plant

Steel Manufacturing Plant

Honda – Alliston 2 Stellantis – Brampton

General Motors – Oshawa

Ford – Oakville

Stelco – Hamilton

Marten Falls First Nation

 Thunder Bay

Selected Land Border Crossings

Selected Ports

Timmins

Algoma Steel – Sault Ste. Marie

Sudbury

Ottawa

  Toyota – Cambridge 2 ArcelorMittal Dofasco – Hamilton

General Motors – Ingersoll

Toyota – Woodstock

 Stelco – Nanticoke

 Stellantis – Windsor

LG Energy Solution/Stellantis – Windsor (fully operational by 2025)

Driving Ontario’s Automotive Sector for the Future

 Sources: Ontario Ministry of Economic Development, Job Creation and Trade; Ontario Ministry of Northern Development, Mines, Natural Resources and Forestry; and Ontario Ministry of Transportation.

 

 

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