KWG Declared Winner in 2011 Staking Race With Noront

10:17 EDT Friday, June 27, 2014

MONTRÉAL, QUÉBEC--(Marketwired - June 27, 2014) - In an Order dated June 24, 2014 the Provincial Mining Recorder for Ontario has confirmed that KWG Resources Inc. (TSX VENTURE:KWG) was the first to stake two 16-unit claim blocks after they came open on the morning of June 17, 2011. The two claim blocks are contiguous to the southern two claim blocks of the Fancamp Exploration Ltd. Koper Lake claims where KWG is assessing the economic potential of the Black Horse chromite deposit under an option agreement with Bold Ventures Inc. and Fancamp. The Mining Recorder's Order provides that KWG will have until June 24, 2016 to perform and file the first unit of assessment work and that the Disputant Eric Mosley on behalf of Noront Resources Ltd. will have 30 days from the date of the Order to appeal. The Order followed a two-day hearing before the Mining Recorder on April 24 and 25, 2014.

http://www.theglobeandmail.com/globe-investor/news-sources/?date=+20140627&archive=ccnm&slug=201406270954604001