The press release, dated September 4, 2024, was issued by KWG Resources Inc. based in Toronto, Ontario. The company, also known as The Canadian Chrome Company, announced the publication of its Ring of Fire Infrastructure Compilation Map. This map includes the proposed "Utility Corridor" for building transportation and electrification systems through the James Bay Lowlands from Nakina, Ontario to the Black Horse chromite discovery site, spanning a distance of 330 kilometers.
In 2009 and 2010, the company’s subsidiary, Canada Chrome Corporation, staked 1,685 claims along what was deemed the most suitable terrain for constructing transportation and electrification systems in the area. Subsequently, a surveying and mineral testing program was conducted to explore minerals and assess the feasibility of building transportation facilities.
The company engaged Cormorant Utilities and Rail-Veyor Technologies in 2021 to prepare Engineering Proposals for the construction of transportation and utility systems along the proposed Utility Corridor route. These systems aim to connect the Ring of Fire area to the trans-Canada transportation system and the Ontario power grid.
KWG Resources Inc., through its subsidiary, is focused on identifying, acquiring, and developing large-scale mineral deposits including chromite, base metals, and strategic minerals. The company is also working on establishing transportation and electrification links to access remote areas where these deposits are located.
Please refer to the source link for the full press release: https://www.newsfilecorp.com/release/222132
