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
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.
安大略省多伦多-(Newsfile Corp.-2023年9月22日)-KWG Resources Inc.(CSE：CACR)(CSE：CACR.A)，它以以下身份开展业务加拿大铬公司(“CCC”、“KWG”或“公司”)(加拿大铬公司是注册的商业风格KWG Resources Inc.)很高兴地宣布，它已从矿业、勘探许可证PR-23-000242获得了在黑马项目进行进一步钻探的许可。许可证将于2023年9月15日发出，有效期为3年。
About The Canadian Chrome Company:
关于加拿大铬公司：
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以加拿大铬公司的身份经营业务，是黑马铬铁矿项目(以前属于Fancamp的“Koper Lake-McFaulds”物业的一部分)的100%所有者，Bold Ventures Inc.在该项目中对前Fancamp声称的铬铁矿项目10%的权益进行勘探。KWG还持有其他地区的权益，包括Hornby Claims的100%权益、McFaulds铜/锌项目15%的既有权益以及Big Pardy铬铁矿项目的30%的既有权益。KWG还拥有火环运输和公用事业公司(ROFTU)100%的股份，该公司在安大略省阿罗兰(纳基纳附近)和火环之间提出了采矿主张。ROFTU进行了一项测量和土壤测试计划，以评估在火环和安大略省阿罗兰之间的这条路线上修建一条铁路的工程和建设前景，涵盖ROFTU提出的索赔。ROFTU邀请Cormorant Utilities和Rail-Veyor Technologies为在该路线内建造一条运输和公用设施走廊提出工程建议，并已收到这些建议。KWG还获得了知识产权权益，包括一种使用天然气将铬铁矿直接还原为金属化铁和铬的方法。KWG的子公司穆凯蒂冶金有限公司已经在加拿大以及美国、南非和哈萨克斯坦分别获得了两项铬铁矿精炼专利，并正在起诉土耳其的一项申请。
For further information, please contact:
Bruce Hodgman, Vice-President: 416-642-3575 ~ info@canadachrome.com
如需更多信息，请联系：
副总裁布鲁斯·霍奇曼电话：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.
前瞻性陈述：根据适用的证券法，本新闻稿中的信息可能涉及前瞻性陈述。本文中包含的前瞻性陈述完全受本警告性声明的限制。本文中包含的前瞻性陈述是截至本文发表之日作出的，KWG没有任何意图或义务来更新或修改任何前瞻性陈述，除非适用的证券法规明确要求，无论是由于新信息、未来事件还是其他原因。尽管管理层认为这些前瞻性陈述中的预期是合理的，但不能保证这些预期将被证明是正确的。
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.
免责声明：加拿大证券交易所及其监管服务提供商(该术语在CSE的政策中定义)均不对本新闻稿的充分性或准确性承担责任。
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