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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

Post by Justcray12on Apr 13, 2023 8:18am
303 Views
Post# 35392478

Sensitivity

SensitivityKwg is in a much better position than any other in the ring of fire. Politically, geographically, and environmentally. Frank has positioned kwg in this perfectly balanced scenario and I think all the dominoes are ready to fall, we are just waiting for someone to push the First one over, Forrest may have just inadvertently started this chain reaction.
 There are 33 individual First Nations tribes in the ring with a head count of 40,000 people. The 50/50 deal kwg has offered does not exclude anyone in particular, the decision of how those finances are divided is up to the tribal councils. Kwg would put that money in one single trust for them to decide where and how it's dispersed. Kwg's shining light in that area is Fiona Blondin. If you don't know who she is I would encourage you to Google her. That's just one of our political advantages on this front.
 Geographically, kwg has the claims associated with the esker, if the esker holds the corridor and the rail is built alongside the road, we are manning the gate! With First Nations partners! Kwg has also just announced that there is way more chromite than they ever initially imagined. Leo just has to get in there and turn a couple drills to prove it.
 Also kwg's deposit does not require full blown open pit mining that could harm the peat, which the natives call the earths lungs.
 The comment made yesterday that kwg may handle the whole ring is pretty accurate

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