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 > BHP

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Comment by Dragon23on Feb 24, 2023 6:22pm

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Post# 35304620

RE:BHP

Good info Lou64.

BHP would be a most welcome suitor...Too bad that KWG drills aren't turning to find the much desired Nickel. The recent survey results are awesome in that we have a better idea of chromite.....BUT.....the rush now is for Nickel.....time for our team to wake up to that reality, and figure out a drill program......drill, drill, drill. Our buy-out, if and when it happens will not be based on Chromite reserves....Wyloo has plenty of that.....IMO.

If BHP enters the fray, I sincerely hope for a true bidding war as opposed to backroom deals and collaboration as happened with the Noront takeover.

Absolutely crazy to continue referring to it as a bidding war!

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