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KWG Resources Inc.: Mining Commissioner Reserves Decision on Application for Easement Over Canada Chrome Mining Claims
Published : February 19, 2013
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Keywords :   Canada | Chrome |

TORONTO, ONTARIO--(Marketwire - Feb. 19, 2013) - KWG Resources Inc. (News - Market indicators).

The hearing of an application to The Mining and Lands Commissioner of Ontario that commenced on Monday February 4th, was concluded last Thursday afternoon with the tribunal reserving its decision in order to review and consider the evidence and arguments put before it during the two-week hearing. 

The application seeks an Order that the Minister of Natural Resources may grant an easement under the Public Lands Act for the construction of a road by a subsidiary of Cliffs Natural Resources Inc. over mining claims recorded in the name of Canada Chrome Corporation ("CCC"), a subsidiary of KWG Resources Inc. CCC has refused to consent to the grant pursuant to section 51 of the Mining Act.

About KWG: KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn 80% of the Black Horse chromite where resources are being defined in a drilling program this winter. KWG also owns 100% of Canada Chrome Corporation which has staked claims and conducted a $15 million surveying and soil testing program for the engineering and construction of a railroad to the Ring of Fire from Exton, Ontario.

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Shares issued and outstanding: 691,577,273

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

KWG Resources Inc.
Bruce Hodgman
Vice-President
416-642-3575
info@kwgresources.com
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KWG Resources Inc.

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CODE : KWG.V
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Annual reports of KWG Resources Inc.
2008 Annual report
2007 Annual report
Financings of KWG Resources Inc.
12/31/2012Completes Non-Brokered Private Placement
12/31/2012Completes Non-Brokered Private Placement
12/16/2010SHAREHOLDER RIGHTS PLAN TERMINATED - FLOW-THROUGH PLACEMENT ...
11/19/2010PRIVATE PLACEMENT ARRANGED
3/16/2009Completes Private Placement With Cliffs Natural Resources In...
Project news of KWG Resources Inc.
2/19/2013Mining Commissioner Reserves Decision on Application for Eas...
8/9/2010(Big Daddy)drilling and bulk sample programs for Big Daddy approved
Corporate news of KWG Resources Inc.
5/22/2013Announces Annual and General Meeting of Shareholders
5/2/2013JOINT PRESS RELEASE
4/23/2013Breaking News...Koper Lake Project-Exploration Permit Issued
4/5/2013Provides Update on Koper Lake
3/4/2013Black Horse Deal Closes, Drilling to Start
2/4/2013, Bold Ventures Join Forces to Drill Black Horse Chromite Di...
10/19/2012Trading in KWG Resources Shares Halted For Third-Party Annou...
9/10/2012Galipeau to Leave KWG Board
7/9/2010To retain its Spider shares
7/2/2010Termination of combination agreement
6/30/2010Retraction of independent valuations
6/30/2010Two independent valuation opinions
6/29/2010Special Committee determines that Cliffs' Amended Offer is n...
6/28/2010Considering whether Cliffs' amended offer respecting propose...
6/25/2010& Spider announce match and agree to proceed with amalgamati...
6/22/2010Receives conditional approval of TSXV for proposed business ...
6/18/2010Addresses notice of Superior Proposal respecting proposed co...
6/3/2010Engages Cormark Securities Inc. for formal valuation
5/28/2010Responds to comments by Cliffs Natural Resources Inc.
2/11/2009Analysis ‘Ring of Fire’ World Class Chromium Discovery
1/7/2006(James Bay Lowlands)to revive old gem play
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TSX-V (KWG.V)Other OTC (KWGBF.PK)
0.050+25.00%0.040+0.00%
TSX-V
CA$ 0.050
05/22 16:18 0.010
25%
Prev close Open
0.040 0.050
Low High
0.050 0.050
Year l/h YTD var.
0.040 -  0.070 -%
52 week l/h 52 week var.
0.040 -  0.080 -16.67%
Volume 1 month var.
31,000 25.00%
24hGold TrendPower© : -18
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DateVariationHighLow
2013-16.67%
2012-33.33%0.090.05
2011-10.00%0.150.06
201042.86%0.150.05
2009250.00%0.080.02
 
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