Massive Black Horse Chromite Discovery
Black Horse deposit has an Inferred Resource Now 85.9 Million Tonnes @ 34.5%
Message: KWG Tweet
Recently, in a letter to the Right Honourable Justin Trudeau, PM of Canada, KWG advised:
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Recently, in a letter to the Right Honourable Justin Trudeau, Prime Minister of Canada, KWG advised: “The true in-situ value of this discovery is a big multiple of the $60 billion habitually reported in the media. We believe it to be in excess of $1 trillion: 343 million tonnes presently defined, extrapolated on geological and geophysical probabilities to approximate three times that amount, at an average grade of 33% Cr2O3, thus yielding 750 billion pounds of in-situ chrome, at a US$1 per pound valuation”.
image: http://kwgresources.com/wp-content/uploads/2017/06/750M-LB-Opp-300x169.jpg
Recently, in a letter to the Right Honourable Justin Trudeau, Prime Minister of Canada, KWG advised: “The true in-situ value of this discovery is a big multiple of the $60 billion habitually reported in the media. We believe it to be in excess of $1 trillion: 343 million tonnes presently defined, extrapolated on geological and geophysical probabilities to approximate three times that amount, at an average grade of 33% Cr2O3, thus yielding 750 billion pounds of in-situ chrome, at a US$1 per pound valuation”.
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