Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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Message: If you've got nothing to do...

If you've got nothing to do...

posted on Dec 09, 2009 03:28PM

here's a little detective work for you.

In the 3rd quarter financials 2009, under Section 7 - there is listed this notation under the table of their listed Exploration Properties.

http://www.kwgresources.com/_resources/financials/k09Q3fs.pdf


(b) During the third quarter of 2009, the Company staked additional claims in Pele Mountain area for total cost including inherent acquisition expenses of approximately $22,500.

Pele is in the diamond exploration buisiness, if I'm not mistaken, and we have some properties of theirs (JV interset or otherwise, I can't remember) that have been transfered to Debuts Diamonds. Can anyone remember a news release mentioning the staking of these new claims? Find these new properties.

SRV


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