And the latest update...

MONTREAL, QUEBEC--(Marketwire - Jan. 24, 2012) - KWG Resources Inc. (TSX VENTURE:KWG) is pleased to provide an update with regards to the current field program on the Big Daddy Chromite deposit.

Metallurgical Drilling - The metallurgical drilling program was to consist of 1,900m of HQ drilling. The program commenced on October 6, 2011 with one drill rig, with a second rig added on October 11, 2011. The total completed meterage was 1,909m in nine (9) boreholes and was concluded on October 22. A bulk sample consisting of massive chomitite with a mass of 4,600kg was removed from core boxes and packaged for transport to Xstrata Process Support (XPS) in Falconbridge, Ontario. The furnace runs are scheduled for February.

Resource Delineation Drilling - The resource delineation program was to consist of 12,000m of NQ drilling in 38 boreholes. Drilling started immediately following the completion of the metallurgical sampling holes as the rigs became available and was carried out continuously with two rigs until winter shut down on December 15. In that time 23 of the 38 holes were completed for an aggregate total of 7,754m. Completion of the drilling is anticipated in the third week of February.