Montréal, Canada - KWG Resources Inc. (TSX-V: KWG) ("KWG" or the "Company") announces a proposed non-brokered private placement (the "Private Placement") of a maximum of $10 million of units of securities of the Company comprised of up to 80,000,000 "flow-through" units (each, an "FT Unit")...
Hole FW-09-50 encountered chromite mineralized envelope of 126.3 metres of which 63.3 metres averages 41.93% Cr2O3 with Cr:Fe ratio of 1.96 Seven of final eight holes encounter grades in excess of 35% Cr2O3 All assays are now complete, National Instrument 43-101 compliant resource estimate to commence on...
Montréal, Canada - February 23, 2010 - KWG Resources Inc. (TSX-V: KWG) ("KWG" or the "Company") announces the closing of a private placement of $35,000 of units of the Company at a price of $0.07 per unit, each comprised of one common share and one-half...
Hole FW-09-48 encountered two zones of massive chromite mineralization; 14.85 metres averaging 39.52% Cr2O3, as well as 32.4 metres averaging 42.51% Cr2O3 Drilling completed, 10 priority holes drilled totaling 2,204 metres; Negotiations underway with First Nation communities to resolve a list of issues related to exploration in...
Hole FW-09-43 encountered two zones of massive chromite mineralization; 24.0 metres averaging 35.75% Cr2O3, as well as 57.0 metres averaging 40.52% Cr2O3, separated by 11.0 metres of thin massive beds of chromite averaging 15.47% Cr2O3. All holes reported herein for Big Daddy encountered chromite mineralization in...
Montréal, Canada - KWG Resources Inc. (TSX-V: KWG) ("KWG" or the "Company") announces a private placement (the "Private Placement") of $35,000 of units of securities of the Company comprised of one common share and one-half common share purchase warrant at a price of $0.07 per...
Hole FW-09-36 encountered 86.2 metres of chromite mineralization between 9.8 metres to 96.0 metres downhole. The initial 11.2 metres of chromite mineralization averages 40.14% Cr2O3; the last 48.35 metres averages 41.35% Cr2O3. Hole 33, after passing through 11.0 metres that averages 40.29% Cr2O3, entered a narrow...
Montreal, Canada, January 4th, 2010 - KWG Resources Inc (TSXV: KWG; CNSX: KWG) advises that prior to the close of 2009 a total of 24.7 million treasury shares were issued upon the exercise of outstanding warrants for proceeds of $1.2 million. The Company is also pleased...
Hole FW-09-29 encounters 75.2 metres of chromite mineralization averaging 43.41% Cr2O3, followed by 1.8 metres averaging 2.18 g/t PGE (Pt+Pd) Hole 29 cut a total of 108.5m of massive chromite in 4 separate intervals. Six of the seven holes reported herein encounter chromite mineralization in excess of...
Montreal, Canada, December 7th, 2009 - KWG Resources Inc (TSXV: KWG) has completed the private placement of 47.5 million units for proceeds of $3.1 million. Each unit was comprised of one flow-through share and one-half common share purchase warrant. Each whole warrant may be exercised...