KWG Resources Inc
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COPPER-ZINC: Noront updates McFaulds No.8 VMS find
ONTARIO – Noront Resources of Toronto has updated the summer exploration program at its 85%-owned McFaulds Lake volcanogenic massive sulphide property in the Ring of Fire. (KWG Resources owns 15%.) The six-hole, 3,033-metre drilling program focused on copper-zinc targets. Drilling…
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CHROMITE: KWG, Marten Falls FN to be partners in Ring of Fire
ONTARIO – KWG Resources and the Marten Falls First Nation have agreed to work towards establishing the terms of an equal partnership for the mining of KWG’s properties in the Ring of Fire including the Black Horse chromite deposit. The…
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ABORIGINAL ISSUES: Martin Falls, Aroland First Nations insist on consent for Ring of Fire transportation route
ONTARIO – The Marten Falls and Aroland First Nations have reaffirmed their authority over the land that may become a transportation corridor for mineral development in the Ring of Fire. In a release this week they specifically said the government…
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COMMENT: Can sex sell junior mines?
I thought the days of trotting out scantily clad women to entice people to buy a product were long gone. Evidently not, if Toronto-based KWG Resources manages to separate investors from their money using such an archaic and humiliating practice.…
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CHROMITE: KWG, China Railway sign MOU for Ring of Fire transport study
ONTARIO – KWG Resources of Toronto and China Railway First Survey and Design Institute Group have signed a memorandum of understanding for a feasibility study for the design and financing of a railroad in the James Bay Region. The route…
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CHROME: KWG boosts Koper Lake resource to 85.9M tonnes
ONTARIO – KWG Resources of Toronto has filed an updated 43-101 report for its Koper Lake chromite project in the Ring of Fire. Inferred resources now stand at an estimated 85.9 million tonnes grading 34.5% Cr2O3 (20% cut-off). The tonnage…
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CHROMIUM: KWG Acquires 100% of Chromium Intellectual Property
TORONTO – KWG Resources Inc. has now acquired one hundred percent of the ownership rights in two United States provisional patent applications relating to the production of chromium iron alloys directly from chromite ore, and the…
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CHROMITE: Noront’s Ring of Fire purchase closes
ONTARIO – Noront Resources’ buyout of the Ontario assets of Cliffs Natural Resources has closed, but not without controversy and only after the intervention of the court. Toronto-based Noront offered US$20 million last month for Cliffs’…
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CHROMITE: Noront to acquire Cliffs’ Ring of Fire properties
ONTARIO – Spunky Toronto-based junior, Noront Resources, has offered US$20 million to acquire the subsidiaries of Cliffs Natural Resources that hold claims in the Ring of Fire, 500 km northeast of Thunder Bay. Cliffs abandoned its…
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CHROMIUM: Cliffs turns its back on remaining Canadian assets
ONTARIO – If readers were holding out hope that Cliffs Natural Resources would come to its senses and decide to move forward with its projects in Canada, they can get used to the idea that the US-based company will not be active in Canada…
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COMMENT: Cliffs to sell Ring of Fire
Word is getting around that Cliffs Natural Resources wants to shed its properties in the Ring of Fire. The Cleveland, OH-based company slammed the door on its chromium project last November, and sold the exploration camp this summer. Thus, the…
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ALLIANCE: International patents, marketing deal on horizon for KWG
TORONTO – KWG Resources has filed an international patent application that will secure its rights to its new method of using natural gas to refine chromite ore into ferrochrome. The company would then be able to file patent applications…
