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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

Comment by fordtruckson Jan 23, 2023 9:06am
144 Views
Post# 35239386

RE:RE:RE:RE:RE:RE:RE:RE:RE:opinion

RE:RE:RE:RE:RE:RE:RE:RE:RE:opinionI'm not good at digging up old news but yes it was news an might be an important update for most of us to read. On the esker of land it was announced that kwg staked the agreegates which consisted of sand, gravel, surdge and boulders all need to build the base for the railroad. This was announced over ten years ago to be worth 2 to 300 million factor in today's Inflation and the closeness of these materials, the travel time saved by these and the easiness of building the base on this esker just spells hugh worth. We all talk of nickel chrome and rare materials but these most common agreegates are essential in moving forward and we own them because kwg was quick to the draw.
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