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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 Wangotango67on Sep 16, 2024 7:42pm
197 Views
Post# 36226374

MOW THROUGH or.... FLY OVER ?

MOW THROUGH or.... FLY OVER ? Arbitrating a long seasonal road through several FN's is an undaunting task.
Lots of red tape, road would take years to accomplish.... same with rail.

Hyway in the sky is.... ready made. 
No billion dollar costs.
No road maintenance.

AIRSHIPS
Cargo airships are gaining much attention.
Especially here in, Canada.
Even indigrnous nations are liking the idea to supply goods to remote areas.
And... mining.

2 GREAT VIDEOS  ( short clips )
https://www.youtube.com/watch?v=dBVEG-Sj7b4

https://www.youtube.com/watch?v=3xCHOcpQgSI

If fact...
Nov 11, 2023The Pathfinder 1, supported by Sergey Brin, will be the world's largest aircraft and aims to reduce the carbon footprint of air travel.
https://simpleflying.com/lta-research-pathfinder-1-sergey-brin-largest-aircraft/

Sergey Brin's price tag ?
$150 million.

This would save the Province of Ontario
$850+ million


Some articles
Speak of 4000/t payloads.
While other articles speak of, 60 tonne payloads.

SPEEDS ?
Most articles clock the airships @ 75 miles per hour.

There are 437 air miles
between Black Horse and Sault Ste Marie ( iron plants )

Roughly 6 hour - one way trip
= 2 payloads per day.
= 120 tonnes

Black Horse deposit contains 85.9 million tonnes @ 34.5% Cr grade
Cut off 20%   ( lots of room to tweak ) which could increase more avail tonnage.

85.9 million tonnes x 34.5% Cr
= 29,635,500 Cr tonne ( jusr Cr )

KWG has made mention in earlier reports of formulating a
60+% Ferrochrome concentrate

This sort of formula would create
= 49,392,500 concentrate tonnes


WHAT"S MORE PROFITABLE ?
In a 2013 press ( metallurgy ) KWG speaks of
95% Cr is extractsble. ( Cr easily extracts )
Yet... goes onto speak sbout the high concentrate formula.

If.... Cr imparts from other ore constituents,
it would / could mean KWG could keep to a Cr product on it's own. ( no concentrate )
= command more $$$$

Versus

60+% Ferrochrome concentrate which runs about $1.50/ lb ( con lb )

CONCENTRATE
2200 lbs in 1 metric tonne
x $1.50  value per ferrochrome con  lb  ( SSM ) prices 2024
= $3300 usd
x 120 tonnes  ( 2 airship trips / day )
= $396,000 usd 
x 200 airship operating days  ( inclement weather factoring )
$79,200,000 million usd

CHROMITE OXIDE ?
Not a metal rather chromium oxide
Wouldn't command  the current Cr metal $8900 usd per tonne
but might fetch $5000+ usd.
120 tonnes x $5000 = $600,000 x 200 operating airship days
= $120 million usd

VARIABLES ?
Road  Costs Billions  vs  Airships $150 million -  no road cost
Arbitration with several FN's  vs  Skyway bypasses redrape
Concentrate  vs  Oxide
120 tonne payload  vs  Larger payload
( some articles mention 4000 tonne capacity )

Province assisting former miners ( harte gold ugh ) 
Versus.... vesting in a very high grade Cr project = increases odds of success exponentially.
Province is over due for a winner.... tease.

AIRSHIPS
use hydrogen and helium gas
hydrogen is cheap and abundant.
No CO2 --------> could wualify for CO2 rebate program ?

did you know... hydrogen gas is more boysnt than expensive helium ?
True.

COST SPLITTING ?
If.... an airship could handle 500 tonnes per round.
Miner could split costs with nearby peer.
Reduces initial cost of Airship.
= Wyloo

Competition between miners
Is extreme amongst potential startups
each vying for Gov attention and endorsements.

If.... a high grade project could be assisted via airship....
Why not ?

Could be Premier' Ford's solution to success with far less capital costs.
Keep in mind... Most airships can accomodate passengers.
This would assist FN's in remote locations.
Win / Win


https://live.staticflickr.com/65535/53999722767_c10cfd6e4f_c.jpg


Example Airship
60 tonne payload ( again.... other articles do speak about far larger payload tonnage )


https://i0.wp.com/cabinradio.ca/wp-content/uploads/2022/10/morewhales.png?resize=960%2C556&ssl=1



Giant cargo airships floated as a vision for the North

A concept image produced by airship developer Flying Whales
A concept image produced by airship developer Flying Whales.

Link
https://cabinradio.ca/107972/news/politics/giant-cargo-airships-floated-as-a-vision-for-the-north/


Now.... out of all the Northern Ontario mining projects
Which one has the highest grade and greater odds of success ?
Highgrade projects do have a higher odds of success if deposit posesses continuity.



Cheers....

Not investment advice
merely pointing out unique options that might assist a mining projrct.




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