Posted in | News | Iron Ore

KWG Starts Drilling at Big Daddy Chromite Deposit

KWG Resources Inc. has reported that a 12,000 metre core drilling program is underway on its Big Daddy Chromite deposit in the Ring of Fire, James Bay Lowlands.

KWG has earned 28% interest in these mineral claims and will increase this to 30% by funding 50% of this $5 million program. The goal of this program is to collect a chromitite sample of sufficient size for pyro-metallurgical testing and to complete resource definition drilling on that portion of the deposit that is amenable to open pit mining. Cliffs Natural Resources is the project operator, and it is anticipated that the metallurgical testing and drilling will be completed during the first quarter of 2012.

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 where the Trans Canada line of the Canadian National Railway can be connected. KWG's subsidiary Debut Diamonds Inc. has nine diamond exploration projects in Ontario, three of which are funded and currently active with planned expenditures of up to $3 million.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    KWG Resources Inc. c.o.b. The Canadian Chrome Company. (2019, February 18). KWG Starts Drilling at Big Daddy Chromite Deposit. AZoMining. Retrieved on November 21, 2024 from https://www.azomining.com/News.aspx?newsID=5271.

  • MLA

    KWG Resources Inc. c.o.b. The Canadian Chrome Company. "KWG Starts Drilling at Big Daddy Chromite Deposit". AZoMining. 21 November 2024. <https://www.azomining.com/News.aspx?newsID=5271>.

  • Chicago

    KWG Resources Inc. c.o.b. The Canadian Chrome Company. "KWG Starts Drilling at Big Daddy Chromite Deposit". AZoMining. https://www.azomining.com/News.aspx?newsID=5271. (accessed November 21, 2024).

  • Harvard

    KWG Resources Inc. c.o.b. The Canadian Chrome Company. 2019. KWG Starts Drilling at Big Daddy Chromite Deposit. AZoMining, viewed 21 November 2024, https://www.azomining.com/News.aspx?newsID=5271.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.