KWG Resources Inc.: Exploration Permit Issued for More Drilling at Black Horse Project
KWG Resources Inc.: Exploration Permit Issued for More Drilling at Black Horse Project
For further information, please contact:Toronto, Ontario--(Newsfile Corp. - September 22, 2023) - KWG Resources Inc. (CSE: CACR) (CSE: CACR.A), which carries on business as The Canadian Chrome Company ("CCC", "KWG" or the "Company") (The Canadian Chrome Company is a registered business style of KWG Resources Inc.) is pleased to announce it has received from the Ministry of Mining, Exploration Permit PR-23-000242 for the conduct of further drilling at the Black Horse Project. The permit will have a term of 3 years from its issue on September 15, 2023.
安大略省多倫多-(Newsfile Corp.-2023年9月22日)-KWG Resources Inc.(CSE：CACR)(CSE：CACR.A)，它以以下身分開展業務加拿大鉻公司(“CCC”、“KWG”或“公司”)(加拿大鉻公司是註冊的商業風格KWG Resources Inc.)很高興地宣佈，它已從礦業、勘探許可證PR-23-000242獲得了在黑馬專案進行進一步鑽探的許可。許可證將於2023年9月15日發出，有效期為3年。
About The Canadian Chrome Company:
關於加拿大鉻公司：
KWG, which carries on business as The Canadian Chrome Company, is the owner of 100% of the Black Horse chromite project (formerly part of Fancamp's "Koper Lake-McFaulds" properties) in which Bold Ventures Inc. is carried through exploration of the former Fancamp claims for 10% of the chromite project. KWG also holds other area interests including a 100% interest in the Hornby claims, a 15% vested interest in the McFaulds copper/zinc project and a vested 30% interest in the Big Daddy chromite project. KWG also owns 100% of Ring of Fire Transportation and Utilities Inc. ("ROFTU") which staked mining claims between Aroland, Ontario (near Nakina) and the Ring of Fire. ROFTU has conducted a surveying and soil testing program to assess the prospects for the engineering and construction of a railroad along that route between the Ring of Fire and Aroland, Ontario covering the claims staked by ROFTU. ROFTU engaged Cormorant Utilities and Rail-Veyor Technologies for Engineering Proposals for the construction of a transportation and utility corridor within the route and has received those proposals. KWG has also acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. KWG subsidiary Muketi Metallurgical LP has acquired two chromite-refining patents in Canada and one in each of the USA, South Africa and Kazakhstan, and is prosecuting an application in Turkey.
KWG以加拿大鉻公司的身分經營業務，是黑馬鉻鐵礦專案(以前屬於Fancamp的“Koper Lake-McFaulds”物業的一部分)的100%所有者，Bold Ventures Inc.在該專案中對前Fancamp聲稱的鉻鐵礦專案10%的權益進行勘探。KWG還持有其他地區的權益，包括Hornby Claims的100%權益、McFaulds銅/鋅專案15%的既有權益以及Big Pardy鉻鐵礦專案的30%的既有權益。KWG還擁有火環運輸和公用事業公司(ROFTU)100%的股份，該公司在安大略省阿羅蘭(納基納附近)和火環之間提出了採礦主張。ROFTU進行了一項測量和土壤測試計劃，以評估在火環和安大略省阿羅蘭之間的這條路線上修建一條鐵路的工程和建設前景，涵蓋ROFTU提出的索賠。ROFTU邀請Cormorant Utilities和Rail-Veyor Technologies為在該路線內建造一條運輸和公用設施走廊提出工程建議，並已收到這些建議。KWG還獲得了知識產權權益，包括一種使用天然氣將鉻鐵礦直接還原為金屬化鐵和鉻的方法。KWG的子公司穆凱蒂冶金有限公司已經在加拿大以及美國、南非和哈薩克分別獲得了兩項鉻鐵礦精煉專利，並正在起訴土耳其的一項申請。
For further information, please contact:
Bruce Hodgman, Vice-President: 416-642-3575 ~ info@canadachrome.com
如需更多資訊，請聯繫：
副總裁布魯斯·霍奇曼電話：416-642-3575
Forward-Looking Statements: Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and KWG disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct.
前瞻性陳述：根據適用的證券法，本新聞稿中的資訊可能涉及前瞻性陳述。本文中包含的前瞻性陳述完全受本警告性聲明的限制。本文中包含的前瞻性陳述是截至本文發表之日作出的，KWG沒有任何意圖或義務來更新或修改任何前瞻性陳述，除非適用的證券法規明確要求，無論是由於新資訊、未來事件還是其他原因。儘管管理層認為這些前瞻性陳述中的預期是合理的，但不能保證這些預期將被證明是正確的。
Disclaimer: Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.
免責聲明：加拿大證券交易所及其監管服務提供商(該術語在CSE的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。
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