KWG Gas Patent - International
posted on
May 04, 2015 09:12AM
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)
KWG international patent for gas reduction processing method! Since Noront owns KWG shares, this is good for Noront too.
This will also protect the process that can be used in the ROF to make the economics that much better for Chromite.
https://patentscope.wipo.int/search/en/detail.jsf?docId=WO2015060951&recNum=1&office=&queryString=FP%3A%28kwg%29&prevFilter=&sortOption=Pub+Date+Desc&maxRec=26
You can bet the $$$ allocated in the budget will be going towards this technology as the government would not have to subsidize hydro costs. This is win win for everyone, mostly for KWG though as this is what will make the company extremely valuable on a global scale.