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INVITATION: The Must See PDAC Event Of 2016 – World Premiere Of “Fire Starter” Extended Trailer

Posted by AGORACOM at 8:51 AM on Saturday, March 5th, 2016

LOGO - FireStarter - Small

The PDAC is the Super Bowl of the global mining industry.  It is the event that brings together everyone from explorers to miners, bankers and – the most important of all – investors, for the purposes of trying to discover the next great resource project.

Let me save you some time and tell you what investors in The Ring Of Fire already know … The Next Great Resource Find Is Already Here.

The Ring Of Fire is is home to an estimated $60 billion worth of mineral deposits … and it’s sitting in Northern Ontario just 1.200 Kilometers from Toronto.  Everyone agrees that the economic benefits to the industry, Ontario, Canada and The First Nations would span the next 100 years.

… And Yet … neither the two highest levels of government (Provincial + Federal), nor Bay Street have been able to coordinate the necessary framework, funding and First Nations agreements necessary to move the Ring Of Fire forward.

Why?  Are the hurdles simply insurmountable?  Or are the powers that be just waiting for the only two active companies in the Ring Of Fire – KWG Resources and Noront Resources to choke out and take it all for themselves?

We went to find out … and what you are going to discover will astound you.

Executive Producer Jamie Bailey traveled all over Ontario and interviewed people at the highest levels of Government, Industry, First Nations and Environmental Protection to discover the truth and expose it for everyone to see.  For YOU to see.  This is Fire Starter.

With the impending release of the documentary expected towards the end of April, Jamie Bailey along with Producers Maureen O’Mahoney and George Tsiolis invite you to watch the world premiere of the 10 minute extended trailer at PDAC, the details of which you will find below.

If you are an investor, mining executive, member of the First Nations, or a service provider to the mining industry and attending PDAC 2016, then this is the MUST SEE PDAC EVENT OF 2016. We hope to see you there and we kindly ask that you share this invite with your networks via e-mail and social media.

EVENT DETAILS 

We are pleased to invite you to watch this preview at an Open House at KWG Resources offices during the PDAC as follows:

From 12 noon until 5 pm on Monday March 7th, Tuesday March 8th and Wednesday March 9th.

On Monday March 7th, Executive Producer Jamie Bailey will attend between 12 noon and 2 pm to introduce the initial showing and participate in a Q&A session with attendees.

Please join us at:
Suite 420
141 Adelaide Street West
(Southwest corner of York and Adelaide)

KWG Resources Goes Beyond The Press Release to discuss Canadian Securities Exchange Listing

Posted by AGORACOM-JC at 10:38 AM on Tuesday, March 17th, 2015

Frank C. Smeenk, President & Chief Executive Officer of KWG Resources Goes “Beyond The Press Release” to discuss the transfer of the company’s Canadian listing to the Canadian Securities Exchange.

 

Following Our Interview With Frank Smeenk, AGORACOM Reached Out To The CSE For Comment And Was Able To Interview Rob Cook, Senior Vice President at Canadian Securities Exchange: Watch George and Rob Discuss The Impact Of The KWG Resources Full Migration To The CSE:

Bold Ventures Inc.: Initial Drill Program Successfully Extends Blackbird and Black Horse Chromite Zones on the Koper Lake Project in Ring of Fire

Posted by AGORACOM-JC at 8:47 AM on Thursday, July 25th, 2013

TORONTO, ONTARIO–(Marketwired – July 23, 2013) – Bold Ventures Inc. (TSX VENTURE:BOL) (“Bold”) and KWG Resources Inc. (TSX VENTURE:KWG) (“KWG”) are pleased to announce jointly the following drilling results from the initial diamond drill program on their Koper Lake Joint Venture in the Ring of Fire (ROF) Northeastern Ontario, which is under option from Fancamp Exploration Ltd. (FNC) (see Bold’s press release dated January 7 2013). In turn KWG has optioned the property from Bold on terms that are described in a Bold press release dated March 4, 2013.

Drilling with three drills commenced early in March 2013. The drilling was briefly halted in early April 2013 pending the issuance of an Exploration Permit by the Ontario Ministry of Northern Development and Mines pursuant to the revised Ontario Mining Act.

In late May while drilling the last two holes of the program a forest fire, in close proximity, threatened the drill camp which housed the project personnel. All personnel were evacuated from the area until the fire was brought under control. As a result, the program budget was exhausted and the last two holes were stopped short of the target depth. Casing for holes FNCB-13-35 and FNCB-13-37 was left in place and capped for access at a later date.

While Bold was the operator of the program, its technical crews were ably assisted with on-site support from KWG’s geologists. First Nations people were employed on site, with Haveman Bros. from Kakabeka Falls near Thunder Bay providing procurement and camp services and Cyr Drilling of Winnipeg, Manitoba and Orbit Garant Drilling Inc. of Val-d’Or, Québec providing the contract drills.

During the program a total of ten holes (FNCA-13-29 and 29W1, and FNCB-13-30 to 37) totaling 6040.8 metres were drilled. (see Table below for drill hole statistics).

DEPTH
HOLE NUMBER EASTING NORTHING ELEVATION AZIMUTH DIP (METRES)
FNCA-13-29 547456.0 5843253.0 172.2 135 -87.63 1041.8
FNCA-13-29W1 547456.0 5843253.0 172.2 135 -87.63 36.0*
FNCB-13-30 547758.6 5843278.1 177.1 180 -70.44 774.0
FNCB-13-31 547449.0 5843171.0 172.2 177.97 -69.78 640.0
FNCB-13-32 547762.1 5843272.8 179.0 151.9 -73.08 861.0
FNCB-13-33 547449.7 5843172.3 172.2 160.15 -63.95 861.0
FNCB-13-34 547741.0 5842831.0 172.0 151.31 -67.82 363.0
FNCB-13-35 547925.0 5843275.0 172.0 154.2 -76.14 738.0**
FNCB-13-36 547741.0 5842831.0 172.0 151.31 -46.0 201.0
FNCB-13-37 548075.0 5843275.0 172.0 164.8 -69.67 525.0**
6040.8
TOTAL METRES
* hole was wedged at 1015 metres and was drilled to 1051 metres
** not completed

Drill Results Nickel/Copper Massive Sulphide Potential

Hole FNCA1329 was collared in the northwest corner of the Fancamp property to provide a platform for down hole geophysical surveying in a northerly oriented ultramafic conduit feeding the northeast-southwest striking Ring of Fire (ROF) ultramafic complex. A similar north-south striking conduit further west hosts the Eagle’s Nest copper-nickel base metal deposit previously discovered by Noront Resources Ltd. in 2007. The hole encountered poor ground conditions and had to be halted before reaching its target depth and was wedged off at 1015 metres. This wedge hole, FNCA-13-29W1, was advanced as far as 1051 metres when the hole was stopped and surveyed with a down-hole electro-magnetic system. Results did not warrant any further drilling from this platform.

Drill Results Chromite

Holes FNCB-13-30 to 37 were drilled to further explore the Black Horse chromite mineralization previously discovered by FNC (see Fancamp’s press release dated May 24th, 2011) as well as to test for the eastern extension of the Blackbird chromite mineralization located on the adjoining Noront Resources Ltd. claims (see Noront’s press release dated March 20th, 2012). The holes were drilled to test an approximate 800 metre strike length of the Blackbird – Black Horse horizon on the western most claim of the four-claim Koper Lake Property. The program was successful in confirming that chromite mineralization does exist within the Koper Lake property directly to the east of the adjoining Blackbird deposit owned by Noront Resources and also in extending the Black Horse mineralization outwards from previously drilled (2010) holes FN1025 and FN1026. Further drilling is required in order to understand the spatial relationship of the Blackbird and Black Horse horizons and the continuity and orientation of those mineralized zones.

Highlights

Holes FNCB1330, 32 and 33 were drilled to test the downplunge continuity of chromite mineralization delineated on the adjacent Noront Resources property.

Hole FNCB1330 intersected 45.76 metres of chromite mineralization from 655.5 to 701.26 metres consisting of disseminated, heavily disseminated, semi-massive and massive chromite. This intercept contains two intervals dominated by massive chromite: from 664.67 to 677.65 metres (12.98 metres) and from 685.67 to 696.32 metres (10.65 metres). The weighted average percentage of Cr2O3 of these two intervals is 26.44% and 31.89% respectively.

Hole FNCB1332 encountered a thin band of massive chromite between 656.13 and 659.0 metres. The intercept assayed 34.48% Cr2O3 over 2.87 metres.

Hole FNCB1333 intercepted two intervals dominated by massive chromite, from 695.48 to 721.07 metres (25.59 metres) and from 753.0 to 813.26 metres (60.26 metres). The weighted average percentage of Cr2O3 of these two intervals was 27.98% and 28.31% respectively. These zones were encountered within a broader low-grade horizon of chromite mineralization.

Diamond drill holes FNCB1334 and 36 from the same collar location were drilled to test a shallow gravity anomaly which was interpreted to possibly represent the updip extension of the Black Horse mineralization.

Hole FNCB1334 drilled at -68 degrees encountered disseminated to layered chromite between 127.44 and 144.14. Assay results included 5.66 metres grading 18.51% Cr2O3 (from 137.58 metres to 143.24 metres).

Hole FNCB1336 drilled at -45 degrees intersected massive to heavily disseminated chromite between 126.44 and 132.84 metres. Assay results included 4.01 metres grading 18.56% Cr2O3 (from 126.44 metres to 1304.5 metres)

Holes FNC1335 and 37 were stopped short of target depth. Future plans will include continuing those holes to their completion.

See Table below for summary of assay highlights. Also see attached sketch map of drill hole locations.

ASSAY HIGHLIGHTS
HOLE NUMBER FROM TO INTERVAL Cr2O3
FNCA-13-29 nickel target
FNCA-13-29W1 nickel target
FNCB-13-30 658.40 659.92 1.52 24.42
and 664.67 677.65 12.98 26.44
and 685.67 696.32 10.65 31.89
FNCB-13-31 hole deviated off claim group before targeted depth
FNCB-13-32 656.13 659.00 2.87 34.48
FNCB-13-33 695.48 721.07 25.59 27.98
incl 704.28 720.07 15.79 31.23
and 753.00 813.26 60.26 28.31
incl 761.07 780.03 18.96 35.37
FNCB-13-34 137.58 143.24 5.66 18.51
FNCB-13-35 hole in progress when program was suspended
FNCB-13-36 126.44 130.45 4.01 18.56
FNCB-13-37 hole in progress when program was suspended

Widths reported are drilled widths, true widths of intersections are not discernible to present time

A map is available at the following address: http://media3.marketwire.com/docs/n72kwg2.pdf.

Geophysical Results

The detailed ground magnetometer and gravity surveys have better defined a number of untested targets on the property. The additional geophysical data enhance the possibility of better defining known chromite mineralization as well as testing additional targets.

Future Work

Upon further review and the compilation of relevant data, a follow up program will be developed to further define the chromite horizon as a definable resource as qualified by National Instrument 43101.

Additional drilling and down hole geophysics is recommended to test the C6 anomaly area for additional NickelCopper massive sulphide and chromite deposits.

Additional maps and project details are available on the websites for Bold and KWG at www.boldventuresinc.com and www.kwgresources.com respectively.

Bruce Mackie P. Geo., a Qualified Person (QP) under National Instrument 43-101, is the QP with respect to the nickel-copper massive sulphide and geophysical exploration component of this project and has reviewed and approved the related information within this press release. M.J.(Moe) Lavigne, P.Geo, is the QP with respect to the chromite exploration component of this project and has reviewed and approved the related information within this press release.

Sample Preparation, Analyses and Security

The assay and sample information as well as geological descriptions are taken from drill logs as prepared by the project geologists for the drill program. All drill core was NQ in size and assays are completed on split or sawed half-cores, with the second half of the core kept for future reference. The samples are put into rice bags which are sealed with security locks for shipping directly to Activation Labs (“Actlabs”), an accredited assay laboratory, in Thunder Bay, Ontario.

Stringent QAQC procedures are followed. Samples are shipped to the laboratory in batches of 35 samples. Each sample batch includes 2 standards, 1 blank, and 1 duplicate that are inserted on site, plus a duplicate coarse reject and 1 duplicate pulp that are prepared at the laboratory and inserted. In addition, Actlabs also employs a rigorous in-house QAQC regime which includes standards, blanks and duplicates.

Once the final assays are received from Actlabs and prior to any data being released to the public, a review of all QAQC data is conducted by an independent qualified person to ensure that the data released are within predetermined norms.

All samples are analysed by Actlabs at either their main laboratory in Ancaster, Ontario or at their Thunder Bay, Ontario facility. Both laboratories are ISO accredited. All samples are:

  • Assayed for Au, Pd & Pt by fire assay with an ICP/OES finish (Actlabs code 1C-OES)
  • Assayed for 13 major element oxides, including Cr2O3 by fusion-XRF (Actlabs code 4C).

For additional information on assay methodology visit the Actlabs website at http://www.actlabsint.com.

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.

Cautionary Note Regarding ForwardLooking Statements: This Press Release contains forwardlooking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forwardlooking statements. Such statements reflect our current views with respect to future events and are subject to such risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forwardlooking statements, except as required by law.

Shareholders are cautioned not to put undue reliance on such forward-looking statements.

FOR FURTHER INFORMATION PLEASE CONTACT:

OR

Contact Information:
Bold Ventures
416-864-1456
www.boldventuresinc.com


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KWG Resources Inc.
Bruce Hodgman
Vice President
416-642-3575
[email protected]