TORONTO, March 2 (Reuters) - Mining explorer KWG Resources KWG.V President Frank Smeenk said on Wednesday the London Stock Exchange's LSE.L proposed takeover of TMX Group X.TO would precipitate an "entirely new era of exploration" if it goes through.

Smeenk was speaking at an Ontario provincial review of the transaction. TMX Group owns and operates the Toronto Stock Exchange. KWG is a Canadian-based chrome and base metals explorer. (Reporting by Solarina Ho and Pav Jordan, writing by Cameron French)

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