Massive Black Horse Chromite Discovery

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

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Message: First Canadian ferrochrome produced from ROF

Hi "Rocklicker"

RE: ...the only thing missing from the report is the % of recovery and the ferrochrome alloy grades. I'm sure when they do the bulk sample test work of the "Big Daddy" we will get that infomation from KWG Resources.

Yes, it will be nice to get that info. It may shed a better light on Cliffs intentions as to which deposit they will move forward on first.

And that bulk sample test just might already be underway.

From the Jan. 24 news release;

Metallurgical Drilling - The metallurgical drilling program was to consist of 1,900m of HQ drilling. The program commenced on October 6, 2011 with one drill rig, with a second rig added on October 11, 2011. The total completed meterage was 1,909m in nine (9) boreholes and was concluded on October 22. A bulk sample consisting of massive chomitite with a mass of 4,600kg was removed from core boxes and packaged for transport to Xstrata Process Support (XPS) in Falconbridge, Ontario. The furnace runs are scheduled for February.

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