KWG Resources has engaged Canarail Consultants Inc. to provide “the specialized professional services and data” that will be required for a study assessing the feasibility of a rail line to the Ring of Fire chromite deposits in northwestern Ontario.
In January, the junior miner signed a memorandum of understanding with China Railway First Survey & Design Institute Group Ltd. (FSDI) to proceed with a feasibility study for the design and financing of the proposed railroad.
KWG Resources owns a 30 per cent interest in the Big Daddy chromite deposit and the right to earn an 80 per cent interest in the nearby Black Horse deposit. It s subsidiary, Canada Chrome Corporation, has staked claims and conducted surveying and soil testing along the proposed route from existing transportation infrastructure through the swampy terrain of Ontario’s Far North to the massive chromite deposits.
"CANARAIL's knowledge of current materials and services pricing in Canada plus what it takes to design and build a mining railway while complying with local environmental, social and other applicable standards will prove to be of great assistance in facilitating and expediting completion of the feasibility study proposed by FSDI," remarked KWG president Frank Smeenk.
