Toronto, Ontario--(Newsfile Corp. - December 23, 2021) - KWG Resources Inc. (CSE: KWG) (KWG.A) (FSE: KW61) ("KWG" or the "Company") and its subsidiary, Canada Chrome Corporation ("CCC"), are pleased to announce their receipt of an Engineering and Design Services Report from Rail-Veyor Technologies Inc. The report estimates that the capital cost of construction of a Rail-Veyor tramway system designed to transport 10 million tonnes of chromite yearly over 338 kilometres from the proposed underground workings of a potential mine at the Company's Black Horse Project in the Ring of Fire to a potential processing and/or transfer facility near Nakina, Ontario, will be US$656.7 million and that the operating cost will be US$2.88 per tonne. The report states that the estimates in the study are at +/- 25% confidence level.