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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.


CSE:CACR - Post by User

KWG Resources Inc > MT Survey - Key features
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Post by ClayTauruson Mar 30, 2023 3:27pm
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Post# 35370078

MT Survey - Key features

MT Survey - Key featuresThey DID baseline the study with 8 lines over the known Black Horse resource.   YES!!!
That ensures that they have a picture of what a real find looks like.

They went very deep... some slides in the summary report show the deep Black Horse drill holes being only part-way down the rock with the same MT signature - opening that area to depth and potential for meaningful expansion.

The new target area thought to be the fault-offset of Black Thor appears to be an absolute beast!  How many tonnes can only be determined by drilling, but given the baseline work done with Black Horse it is easy to see why they chose to include the term "high confidence" in the PR.   Possibly could triple the 43-101 compliant chrome for the whole area with a few drill holes. 

I can't wait to see the 3D model... 

This is a win, and the Geo's of companies with "appropriate heft" will be studying this should RBC bring it to their attention.

Happy!
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