Massive Black Horse Chromite Discovery

Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%

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AGORACOM NEWS FLASH

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Message: Bulk sample from BD
KWG Provides Update on Big Daddy Drill Program

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.

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