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KWG Resources Inc.

KWG Resources Inc.
Listing Exchange: 
CSE
Status: 
Active
Industry: 
Mining
Symbol: 
KWG
CSE Index: 
Currency: 

KWG is an exploration stage company that is participating in the discovery, delineation and development of chromite deposits in the James Bay Lowlands of Northern Ontario, including 1,024 hectares covered by four unpatented mining claims approximately 280km north of Nakina, Ontario, which contains the Black Horse chromite deposit (the “Koper Lake Project”) and 1,241 hectares covered by seven unpatented mining claims approximately 280km north of Nakina, Ontario, which contains the Big Daddy chromite deposit (the “Big Daddy Project”). The Corporation is the owner of 100% of the Koper Lake Project (formerly part of Fancamp Exploration Ltd.’s “Koper Lake-McFaulds” properties). Bold Ventures Inc. is carried through exploration of the former Fancamp claims for a 10% interest. The Corporation also has a 30% interest in the Big Daddy Project. Through the Corporation’s subsidiary, Canada Chrome Corporation (“CCC”), KWG has also staked mining claims in Northern Ontario between Aroland, Ontario (near Nakina) and the Ring of Fire. CCC has conducted a surveying and soil testing program to assess the prospects for the engineering and construction of a railroad along that route between the Ring of Fire and Aroland, Ontario. CCC engaged Cormorant Utilities and Rail-Veyor Technologies for Engineering Proposals for the construction of a transportation and utility corridor within the route and has received those proposals. KWG has also acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. KWG subsidiary Muketi Metallurgical LP has acquired two chromite-refining patents in Canada and one in each of the USA, South Africa and Kazakhstan, and is prosecuting an application in Turkey. 

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KWG Resources Inc. (KWG)

SEDAR Information

Company Info

Address
141 Adelaide Street West, Suite 420
Toronto, ON M5H 3L5
Canada
Phone
1-888-644-1374
Fax
416-644-0592
Email
info@kwgresources.com
Website
http://www.kwgresources.com
Listing date
Thursday, December 31, 2009
Investor Relations
Bruce Hodgman
Auditor
McGovern, Hurley, Cunningham, LLP

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Capitalization

Issued & Outstanding: 
966,320,281
Reserved for Issuance: 
187,872,000

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