Massive Black Horse Chromite Discovery

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

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Message: Re: KWG APPLAUDS IMPORTANT CANADIAN GOVERNMeNT BUDGET SUPPORT

"The study concluded that the potential for this process to completely revolutionise the global ferrochrome industry should not be underestimated. Its impact reaches far beyond exploitation of a regional natural resource."

I really like that bit.

Consider, even if development in the ROF is slow, we have a huge potential income stream.

Although another company seems locked into a holding pattern, waiting for everybody to "Get It Right", Kwg is moving ahead, and will continue on several fronts.

1) Black Horse will be explored more thoroughly, and the option will become ownership

2) Money in this budget for "key regulatory agencies, such as the Canadian
Environmental Assessment Agency (CEAA) and Fisheries and Oceans Canada,
that will help ensure sufficient capacity exists to carry out efficient
regulatory reviews of major mining projects.
-- Funding to support CEAA's capacity to undertake meaningful consultations
with Indigenous groups." This will all help speed up the whole process of turning mineral deposits into mines.

3)The rail project is moving forwards

4) The chromite reduction patent will be granted, and will be valid in major chrome/ferrochrome production locales worldwide.

5) Our government is actively helping prove the viability & worth of the new process.

All in my opinion.

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