The mineral chromite is the only source of the metal chromium
Without chromium, stainless
steel would not exist
Without stainless steel, our bridges
and buildings quickly crumble
Without chromite to make stainless
steel, we cannot create lasting dreams!
The Kelpies, in Scotland, sculptured
by Andy Scott is clad in stainless steel
Our need for stainless steel has been
growing by 5 to 7% for 70 years
Stainless steel improves the sustainability
of our increasing use of metal because
it makes everything more durable
KWG Resources Inc has staked
mineral claims over a 330 kilometer route
of unique high ground through
the wetlands
Low cost rail transport ensures the
economic viability of mining chromite
Rail transport will reduce the footprint
and negative impact on the
ecologically sensitive wetlands
We value our natural environment
Canada has a significant global advantage in
reducing chromite to ferrochrome alloy; natural gas
An oversupply of natural gas in North
America for many decades will keep
its price low
Chromite is currently reduced to
ferrochrome at 1700 degrees in
electric arc furnaces
KWG has invested in the development
of natural gas reduction of chromite
KWG's gas chromite reduction is
"new art" and is the subject of global
patent applications
KWG's gas chromite reduction occurs
at 1300 degrees, leading to much lower
energy consumption
The energy savings of KWG's chromite
gas reduction replacing the existing
method is equivalent to the power
needs of a country the size of Italy
KWG's gas chromite reduction releases
fewer greenhouse gases
KWG's gas chromite reduction will
revolutionize ferrochrome production
In honour of the treaty between the First Nations of this land and Crown, it is KWG's desire that the First Nations be partners in the Ring of Fire developments
As partners and owners, First Nations could shape their future!

 

Magnetotelluric Survey

View the rest of the series here.

KWG Resources Inc, carrying on business as The Canadian Chrome Corporation – CCC 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, named the “Black Horse 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, named the “Big Daddy Project”. The Corporation has a 30% interest in the Big Daddy Project.

CCC is now the Operator of the Black Horse Joint Venture after it had acquired a vested 50% interest through Bold Ventures Inc. which is carried for 10% (20% of CCC’s equity in the JV) by CCC funding all exploration expenditures. The Corporation had 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% working interest in respect of the non-chromite minerals contained in the Koper Lake Project.

On September 1, 2022, CCC closed a transaction with Fancamp Exploration Ltd. whereby CCC purchased all of Fancamp’s interest in the Koper Lake claims which consist of 4 “legacy” mining claims. Fancamp retains a 2% Net Smelter Return Royalty. Under the pre-existing KWG-Bold Ventures Inc. Joint Venture agreement, and the Bold-Fancamp Option Agreement, Bold retains a 10% carried interest in chromite and a 40% working interest in all other metals found within the claims. Bold also possesses a Right of First Refusal on a 1% NSR covering all metals found within the claim group.



CCCS’ CHROMITE MINERAL RESOURCES IN THE RING OF FIRE






  Deposit  
Owner
% Owned By CCC(2)
Tonnes (Millions)
Category
Grade %Cr203
Cut-off %Cr203
43-101 Report




Black Horse
CCC
100%
85.9
Inferred
34.5
20%
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Big Daddy
CCC-Wyloo Metals
30%
23.3
Measured
32.1
20%
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Big Daddy
CCC-Wyloo Metals
30%
5.8
Indicated
30.1
20%
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Notes (1) Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.


Transport of raw ore from a small footprint underground mine in the “wetlands” to an integrated chromite reduction facility located on a brownfield site not only optimizes the economic sustainability, but also the development’s environmental and social sustainability.


CCC is seeking its social licence for these developments by inviting the most affected First Nations to be both partners in and owners of the development.


(2) 10% carried interest is held for Bold Ventures


Interview with Megan McElwain, President and COO, CCC















KWG Resources Inc c.o.b. The Canadian Chrome Company