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KWG Resources Inc C.CACR

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

Metals & Mining Copper
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 > Sit tight...c.KWG is a coiled spring right now!!!
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Comment by miner540on Jan 20, 2023 9:51am
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Post# 35235312

RE:RE:Sit tight...c.KWG is a coiled spring right now!!!

RE:RE:Sit tight...c.KWG is a coiled spring right now!!!Startenout,  An excellent post - thanks for sharing your thoughts.

In the short term, I think the new airborne/drill results are part of the de-risk strategy.  Perhaps the significant alliance Frank referenced in the shareholder letter is based on proofing up a continuation of the resource.

I have the same question regarding a news release confirming actual drilling.  No information has been released by the company, but I also heard this rumour that actual drilling has taken place over the past couple of months.  It would be nice to get a confirmation.   GLTA
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