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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.

Drill core from the Black Horse chromite deposit.

The parties envision a large, underground mining operation and a railroad to transport raw chromite ore for further processing. Representatives of both KWG and Marten Falls are headed to China next month to discuss details of the feasibility study prepared last year for KWG by China Railway First Survey and Design Institute Group. The $4 billion railroad would cross the traditional territories of the Marten Falls, Webequie and Aroland First Nations.

KWG says the partnership is expected to include the Aroland and Webequie First Nations as well as the more remote members of the Matawa Council of First Nations. The company also says it will extend an offer of partnership to other mining companies with interests in the Ring of Fire.

More information about KWG’s work in northern Ontario is available at www.KWGResources.com.


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2 Comments » for CHROMITE: KWG, Marten Falls FN to be partners in Ring of Fire
  1. Juan says:

    The railroad concept is outdated.
    KWG is a penny stocks company.
    Loss of credibility with http://www.cbc.ca/news/canada/thunder-bay/kwg-video-sex-sells-mining-shares-1.3713779
    All of the above keeps serious investors away.

  2. Bravo says:

    Either you have done zero due diligence on KWG and therefore a very unintelligent investor, or you want others too stay away.
    You do realize KWG/First Nations are in China at this moment.

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