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To: Goose94 who wrote (12273)3/23/2015 3:44:49 PM
From: Goose94Respond to of 202784
 
KWG Resources (KWG-V) March 23, '15 is pleased to have been invited to talks with Noront Resources (NOT-V) when informed this morning of the proposed purchase by Noront of the Ring of Fire assets of Cliffs Quebec Iron Mining ULC.

"This is positive news for us,"
said KWG CEO Frank Smeenk. "Noront CEO Al Coutts has invited us to discuss our future plans to develop our properties in partnership with the First Nations. We are delighted with this evolution of the Ring of Fire's opportunities and are hopeful that our relationship with our Big Daddy joint venture partner will become more constructive and collaborative. We think that the transportation and processing options we have developed can now be pursued in concert with our two governments and the First Nations constituencies to see the mineral assets of both Noront and KWG go into production."

About KWG: KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn 80% of the Black Horse chromite where resources are being defined. KWG also owns 100% of Canada Chrome Corporation which has staked claims and conducted a $15 million surveying and soil testing program, originally for the engineering and construction of a railroad to the Ring of Fire from Aroland, Ontario. KWG subsequently acquired patent interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. The company has determined that the reduction method can be employed to metalize finely ground chromite which may be recovered from slurry delivered to Aroland in an underground pipeline constructed within the Canada Chrome claims.

Shares issued and outstanding: 778,163,798

KWG Resources Inc.
Bruce Hodgman
Vice-President
416-642-3575
info@kwgresources.com



To: Goose94 who wrote (12273)3/24/2015 11:20:27 PM
From: Goose94Read Replies (1) | Respond to of 202784
 
Noront Resources (NOT-V) top pick from Michael Smedley on BNN.ca Market Call tonite Tuesday March 24 @ 1800

I’ve held Noront for a long time, is a relic of the old bull market in mining and might be the first penny stock recommended in this sector in modern times! Everyone should know the story since its deal announced on the Ring of Fire assets to be acquired from Cliff Resources. Take this seriously. I made good money on the other juniors that were taken out by Cliff many years ago and now it all falls to the last man standing. Nowhere else in the world is this available.

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I'm speculating what will happen to Noront Res. if they bring back INCO from Vale... Message 29834985