HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Re: Funny how - see bold paragraph KWG release

Re: Funny how - see bold paragraph KWG release

posted on Aug 11, 2009 11:39AM
KWG appoints Lavigne VP Exploration and Development

09:49 EDT Tuesday, August 11, 2009
    <<
    Symbol on TSX-Venture Exchange: KWG
    Shares issued and outstanding:  374,718,877
    >>

MONTRÉAL, Aug. 11 /CNW/ - KWG Resources Inc. (TSX-V: KWG) ("KWG" or the "Company") is pleased to announce the appointment of Maurice J. Lavigne, P.Geo., as Vice-President of Exploration and Development of the Company and its operating subsidiary Canada Chrome Corporation. The well-known and widely-published former Ontario Resident Geologist at Red Lake and Thunder Bay had key roles in expanding North American Palladium's reserves at their Lac des Iles mine and in the subsequent feasibility study, financing and plant construction. More recently, he was Vice President of Galantas Gold Corporation, where as Mine Manager, was involved in financing and construction of a gold mine in Northern Ireland.

"With the commitment of Cliffs Natural Resources to pursue the prospect of producing and marketing ferro-chrome to its steel-making customers, the discoveries of the Big Daddy and adjacent chromite deposits in the Ring of Fire represent a development opportunity unlike anything seen in Canada since the opening of the Labrador iron mines sixty years ago," said KWG President Frank Smeenk. "We feel very fortunate to have been able to recruit Moe to this opportunity, as both his recent and past experience suit him perfectly for the job at hand".

The Company has also appointed Robert S. Middleton, P. Eng., as Director, Aboriginal & Regulatory Affairs for Canada Chrome Corporation. "Bob is another icon in our industry and there is perhaps no one better fitted to manage the issues affecting the lands, communities and agencies that this potential development will affect," said Smeenk.

The Company also announced the appointment of R. Russell Martel as Director, Research and Planning for Canada Chrome Corporation. "Russell's years of finance and mining industry experience match ideally the task of compiling the research required to inform the unique challenges we anticipate in the documentation and funding of a project of this magnitude, with initial cost estimates of the order of $1.5 Billion," explained Smeenk.

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