KWG Resources Inc C.CACR

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

Metals & Mining Industrial Metals & Minerals

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.

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KWG Resources Inc > I don't know man, I THINK I SMELL A BUYOUT COMING, Hmm?

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Comment by miner540on Feb 17, 2023 1:29pm

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Post# 35292483

RE:RE:I don't know man, I THINK I SMELL A BUYOUT COMING, Hmm?

My SWAG is a little different. The surveys were joint with Wyloo. Why? - Wyloo is trying to determine if their resource base extends on to the KWG claims. Likewise, KWG is trying to dertermine if the chromite deposit is larger. KWG and Wyloo are working together. The survey results will help better define the resource potential and the form the basis for a deal.

Frank's letter talked about a 3rd party with deep pockets. The 3rd party potentially is a manufacturer - maybe an uptake agreement. This 3rd party is a potential partner for Wyloo to help share the cost of acquistion and development.

Again, just my SWAG. ( Scientific Wild A$$ Guess)

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