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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 KWG: Ring of Fire miner hires First Nation chief

Published on: 11/24/2011 11:06:00 AMFont Sizes:

Ring of Fire miner hires First Nation chief

http://www.northernontariobusiness.com/Around-the-North/111121/Ring-of-Fire-miner-hires-First-Nation-chief.aspx
By: Northern Ontario Business staff

KWG Resources has appointed Theresa Okimaw-Hall to be executive director of its subsidiary company, Canada Chrome Corporation (CCC).

Hall has been a justice of the peace in Cochrane for 16 years and was a two-term chief of the Attawapiskat First Nation.

Canada Chrome has a 28 per cent stake in the Big Daddy chromite deposit in the Ring of Fire. The company has also staked a potential railway corridor from the James Bay lowlands to Exton in northwestern Ontario.

Hall negotiated many agreements that resulted in the establishment of the De Beers diamond mine on the Attawapiskat River.

The company has outlined a plan to eventually turn ownership of the railroad over to area First Nations in return for their consent to construction within their traditional lands. Canada Chrome and the Greenstone Economic Development Corporation hope to access a federal P3 Canada loan guarantee to partially cover the costs of building a railroad.

“We believe Theresa's stature as a former chief of one of the principal Mushkegowuk communities will enable her to broker their participation in the equity of CCC also," said Frank Smeenk, president of KWG in a Nov. 22 statement.

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