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KWG Resources Inc.: an exploration stage company that is participating in the discovery, delineation and development of chromite deposits

KWG Resources Inc.

  • Black Horse High grade deposit, ideal for underground mining
  • New Direct Reduction Gas Process KWG has developed a new process to reduce chromite using natural gas in lieu of expensive electricity. The end result is an ability to produce ferrochrome considerably cheaper than the current lowest cost producer on the planet.
  • Control of key transportation corridorKWG staked the only suitable corridor for bulk transportation of chromite.
  • Fishtrap Lake In addition to the value of those INV claims that contain the transportation corridor, several of such claims contain exposed bedrock that could be used as consolidated aggregate needed for a planned railroad embankment. This source of bedrock is of strategic value as it is the only easily accessible source of high quality consolidated aggregate in the northern two thirds of a 320 kilometer transportation corridor.

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”).

Summary:
KWG owns a novel reduction process plus the access route that are both crucial to developing new chromite discoveries in Northern Ontario’s Ring of Fire.
See Campaign: http://www.theocmx.com/project/kwg-resources-inc/
Contact Information:
Frank Smeenk
Ted Masters

Tags:
The OCMX, Equity, Canada, English, Mining & Metals, North America, Quebec, Manufacturing & Production, Industry verticals, Regions, Types of Crowdfunding deal, Language

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Source: ICNW

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