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    chromium investing

    KWG Resources Responds to Jugdment from Ontario Court

    Charlotte McLeod
    Feb. 25, 2016 04:00PM PST
    Industrial Metals

    KWG Resources Inc. (CSE:KWG) released a press release responding to the Court of Appeal for Ontario’s ruling that the company should not have exclusive access to a transportation corridor in Ontario’s Ring of Fire.

    KWG Resources Inc. (CSE:KWG) released a press release responding to the Court of Appeal for Ontario’s ruling that the company should not have exclusive access to a transportation corridor in Ontario’s Ring of Fire.
    As quoted in the press release:

    The judgment confirms that should 2274659 Ontario Inc. make application to the Minister of Natural Resources for the grant of an easement over the CCC claims, the Minister must accommodate the claimholder’s rights and its consent may then be dispensed with. The judgment cited, in part: “In coming to this conclusion, the Divisional Court was required to review the evidence (or lack thereof) on the factors relevant to dispensing with consent: whether there was interference with the respondent’s mining claims; the feasibility of the respondent’s plan to build a railway; the presence or absence of mineral deposits on the claims; and what inferences could be made as to the respondent’s motives in staking the claims along the transportation corridor.”
    Elsewhere the judgment cited: “This would leave it to the Minister of Natural Resources to determine the issue, after an environmental assessment and consultation with other affected interests – a process in which the appellant would be entitled to participate.”
    The application for an easement to build a road has never proceeded and KWG will now put before the Minister of Natural Resources the details of the railroad feasibility study to be undertaken to insure that surface tenure may be assured as an assumption in the study, that the consolidated aggregates may be mined from the claims to provide material for the railroad bed, and that the claimholder’s priority to consolidated aggregate is maintained.

    Click here to read the full KWG Resources Inc. (CSE:KWG) press release.

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