KWG Resources Inc.
TSX VENTURE : KWG

KWG Resources Inc.

October 09, 2013 08:30 ET

Cliffs Appeals Mining and Lands Commissioner Dismissal of Easement Application to Build Road on KWG Claims

TORONTO, ONTARIO--(Marketwired - Oct. 9, 2013) - Counsel for KWG Resources Inc. (TSX VENTURE:KWG) ("KWG") has been served with a Notice of Appeal on behalf of the Cliffs Natural Resources Inc. subsidiary ("Cliffs") that recently lost its application to the Mining and Lands Commission.

Cliffs had sought an Order to dispense with the consent of KWG for the granting of an easement to Cliffs over mining claims previously staked and assessed by KWG. In a decision released on September 10, 2013 the Mining and Lands Commission dismissed the application.

About KWG: KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn 80% of the Black Horse chromite deposit. KWG also owns 100% of Canada Chrome Corporation which has staked claims and conducted a $15 million surveying and soil testing program for the engineering and construction of a railroad to the Ring of Fire from Exton, Ontario.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Shares issued and outstanding: 697,577,273

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