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An announcement from KWG Resources ( (TSE:CACR) ) is now available.
The Canadian Chrome Company Inc. has transferred 299 mineral claims within its utility corridor to The Gitchiziibii Company in Trust for Matawa Management as Trustee for the Matawa First Nations. This move prevents the forfeiture of claims that are crucial for maintaining access to the Black Horse and Black Thor chromite deposits, which are significant for the company’s competitive economic value.
More about KWG Resources
The Canadian Chrome Company Inc. is an exploration stage company focused on the identification, acquisition, consolidation, exploration, development, and evaluation of large-scale mineral deposits, including chromite in the Ring of Fire. The company also engages in the development of transportation and electrification links to access remote areas where these deposits may be located.
Average Trading Volume: 690,079
Technical Sentiment Signal: Sell
Current Market Cap: C$27.51M
For a thorough assessment of CACR stock, go to TipRanks’ Stock Analysis page.