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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 | Market |

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
Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

KWG Resources Inc.

EXPLORATION STAGE
CODE : KWG.V
ISIN : CA48277D2059
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KWG Res. is an exploration gold company based in Canada.

KWG Res. holds various exploration projects in Canada.

Its main exploration properties are DIAGNOS, WAWA, FREEWEST, MC FAULD'S LAKE, MACFADYEN, WAWA CLAIMS, ATTAWAPISKAT RIVER and BIG DADDY in Canada.

KWG Res. is listed in Canada and in United States of America. Its market capitalisation is CA$ 16.3 millions as of today (US$ 13.3 millions, € 12.4 millions).

Its stock quote reached its highest recent level on December 31, 2004 at CA$ 0.57, and its lowest recent point on December 19, 2008 at CA$ 0.01.

KWG Res. has 813 160 000 shares outstanding.

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2007 Annual report
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4/22/2015KWG Encouraged By Federal Budget Delisting From TSX Venture ...
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3/23/2015and Noront to Talk After Proposed Acquisition of Cliffs Chro...
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1/27/2015KWG Resources Inc. Announces Acquisition of Additional Debut...
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1/27/2015KWG Subsidiary Canada Chrome Corporation Wins Leave to Appea...
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1/16/2015KWG Shareholder Loeb Capital Liquidating Holdings
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1/6/2015KWG Receives Promising Search Report From Patent Authority, ...
11/14/2014Kwg Files Amended And Restated Preliminary Short Form Prospe...
11/5/2014KWG Extends Time To Commit To Further Blackhorse Program
10/1/2014KWG Extends Option Notice
9/22/2014IIROC Trading Resumption - KWG
9/22/2014KWG Makes International Patent Claim; Steel and Chrome Giant...
9/22/2014IIROC Trading Halt - KWG
8/13/2014KWG's Canada Chrome Corporation to Seek Leave to Appeal Divi...
10/25/2013Patent Sought for New Gas Chromite Reduction Method
10/4/2013$2 Million Private Placement Approval Extended
9/16/2013Business Plan for ONR Development of Ring of Fire
9/11/2013No Easement for Cliffs on Canada Chrome Claims
8/14/2013Black Horse Smelting Test Produces 61.9% Cr in Ferrochrome
7/4/2013Completes First Tranche of Flow-Through Placement
6/26/2013Shareholders' Meeting Concludes
6/17/2013Comments on Ring of Fire Developments
6/4/2013Postpones Annual and General Meeting of Shareholders
5/22/2013Announces Annual and General Meeting of Shareholders
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...
9/10/2012Galipeau to Leave KWG Board
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