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KWG Resources Inc.

 

Location: Montreal, Quebec

Sector: Energy and Mining

 

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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.
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”).

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MG cp Summary
  • 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”).

Frank Smeenk, President & CEO – Frank Smeenk earned his B.A. and LL.B. degrees at the University of Western Ontario and was admitted to The Law Society of Upper Canada in 1976.  He left the practice of law to join the resource industry in 1987 and has served as Executive Director of Deak Resources Corporation and as Chairman and CEO of both MacDonald Mines Exploration Limited and MacDonald Oil Exploration Limited, when they were both active in exploring their various concessions in the Republic of Cuba.

Ted Masters, CFO – Ted graduated from the University of Toronto with an Honours B.A. in 1983.  He became a Chartered Accountant in 1987 and is currently the managing partner of the accounting firm of Palmer Reed where he has been employed for the past 25 years.  He has extensive experience with the auditing of public companies and is well versed in establishing and maintaining operational and financial policies and procedures.  Ted was appointed as Chief Financial Officer of KWG Resources Inc. in September of 2009.

M.J. (Moe) Lavigne, VP Exploration – He obtained a H.BSc. in Geology from Brock University in 1979 and a M.Sc. in Geology at McMaster University in 1983. In 1983, he joined the Ontario Geological Survey conducting research on gold deposits. In 1984 he became the Resident Geologist for the Red Lake District and transferred to Thunder Bay in 1988. Subsequent to becoming a mineral exploration consultant in 1997, he was engaged by North American Palladium Ltd. As their exploration manager, he was responsible for planning and executing the company’s property acquisition, surface exploration, and resource expansion program in the Lac des Iles area. This program has delineated over 10 million ounces of palladium at the Lac des Iles mine site.