Massive Black Horse Chromite Discovery

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

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Message: PDAC- KWG Booth

Was at PDAC yesterday and was able to speak to a few people, here is the summary (active booth to say the least) from KWG from yesterday:

- last release is good, the lower the temp to 'breakdown' the ferro, the better and lower electrical cost, more profit
-1600-ish temp is good, some go to 2600 to melt
- meeting with Cliffs this afternoon(Tuesday) to talk about April 1st switch, KWG will be asking for an extension
- do not know how the meeting went
- 2 'contractors' looking to sell their services to kwg/rof production/construction
- both meraw & hodgeman (I think that is his name) are there selling
the mine will be coming
- kwg has already sat with FN's
- the results from all companies thus far are only the tip of the iceberg

Unfortunately, it was very busy and could not ask about RR or Cdn Chrome

I walked away very happy about my investment in KWG

Very positive
Trace

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