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 (Fancamp 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 (Big Daddy Claims) approximately 280km north of Nakina, Ontario, which contains the Big Daddy chromite deposit (the “Big Daddy Project”).
Both the Big Daddy and Black Horse chromite deposits contain 43-101 compliant resources. Please visit the Technical Reports page to access the 43-101 reports.
TOTAL CHROMITE RESOURCES – RING OF FIRE
VIEW TABLE
| Deposit | Owner | Tonnes (Millions) |
Category | Grade %Cr203 |
Cut-off %Cr203 |
| Black Horse | KWG-Bold | 85.9 | Inferred | 34.5 | 20% |
| Black Bird | Noront | 20.5 | M&I | 35.8 | 30% |
| 23.5 | Inferred | 33.1 | 30% | ||
| Big Daddy | Noront-KWG | 29.1 | M&I | 31.7 | 20% |
| 3.4 | Inferred | 28.1 | 20% | ||
| Black Creek | Probe | 8.6 | M&I | 37.4 | 20% |
| 1.6 | Inferred | 37.8 | 20% | ||
| Black Thor | Noront | 137.7 | M&I | 31.5 | 20% |
| 26.8 | Inferred | 31.5 | 20% | ||
| Black Label | 5.4 | Indicated | 22.8 | 20% | |
| 0.9 | Inferred | 28.1 | 20% | ||
| TOTAL | 343.4 |
The Corporation has the right to acquire: (i) up to an 80% interest in respect of chromite contained in the Koper Lake Project; and (ii) up to a 20% interest in respect of the non-chromite minerals contained in the Koper Lake Project. The Corporation also has a 30% interest in the Big Daddy Project.
Chromite Deposit Ownership Map (Ring of Fire, Ontario)
Through the Corporation’s subsidiary, Canada Chrome Corporation (“CCC”), KWG has also staked mining claims in Northern Ontario with a view to the development and construction of a proposed railway from Nakina, Ontario to the Koper Lake Project and the Big Daddy Project as well as exploring for, delineating and developing aggregate and other minerals.
China Railway First Survey & Design Institute Group Co., Ltd. (FSDI) has signed a Memorandum of Understanding with KWG Resources setting out the terms for mutually proceeding with a feasibility study for the design and financing of a railroad to the Ring of Fire. This information video is being used with the permission of FSDI.
中铁第一勘察设计院集团有限公司（中铁一院）和KWG资源公司(KWG) 签署了“关于共同对火之环地区鉄路设计及融资的可行性研究”的整体框架合作备忘录。此有关中铁一院的宣传短片由中铁一院提供并授权KWG使用。
