Canadian Chrome Company Inc. · CSE:CACR

Canadian Chrome — KWG Resources — International Chromium Development Association (ICDA) Annual Meeting 2018

36 slides from Canadian Chrome's conference presentation, May 2018

  1. Slide 1: Canada's Ring of Fire & Direct Reduction: Understanding the Opportunity

    Canada’s Ring of Fire & Direct Reduction Understanding the Opportunity

  2. Slide 2: Cautionary Note Regarding Forward-Looking Information

    CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION This presentation includes certain “forward-looking information” within the meaning of applicable Canadian securities legislation. Examples of such forward-looking information includes information regarding the timing, extent and success of explo

  3. Slide 3: About KWG Resources Inc

    About ; KWG Resources Inc KWG Resources Inc is an exploration stage company that is positioned to be the world’s lowest cost producer of ferrochrome. This premise is based on three essential components; 1- high grade chromite deposit (Black Horse) 2- low cost bulk transport (Canada Chrome Corp) 3- r

  4. Slide 4: Ring of Fire Location

    Ring of Fire ; Location Ring of Fire Boreal Forest 4

  5. Slide 5: The Lowland is a vegetation rich lake

    From a practical point of view the Lowland is a vegetation rich lake From a practical point of view the Lowland is a vegetation rich lake 5

  6. Slide 6: Which makes boating very difficult

    Which makes boating very difficult 6

  7. Slide 7: Lowland activities require helicopter support when not frozen

    When the Lowland is not frozen, all activities require helicopter support 7

  8. Slide 8: Mining claims on a unique sand ridge

    Canada Chrome Corp has staked mining claims on a unique sand ridge that stands proud of the wet Lowlands that will support heavy transport infrastructure and egress from its minesite. 8

  9. Slide 9: Proposed 328 km railroad connecting Ring of Fire

    The proposed 328 km railroad will connect the Ring of Fire with existing railroads, paved roads and natural gas pipelines 2

  10. Slide 10: Brief history

    In 2001 Debeers drilled on a Brief history KWG claim at McFaulds Lake and discovered copper and zinc. McFaulds Lake 10

  11. Slide 11: Brief history

    The discovery led to a mining Brief history claim staking rush that defined the “Ring of Fire” 11

  12. Slide 12: Brief history

    In 2007, Noront discovered Brief history the Eagle copper-nickel- platinum deposit. Eagle Cu-Ni 12

  13. Slide 13: Brief history

    In 2008, 3 chromite deposits were discovered Brief history -Black Bird - Noront -Big Daddy - Freewest-Spider-KWG -Black Thor - Freewest 13

  14. Slide 14: Brief history

    In 2008-2009 Brief history KWG partners with Cliffs Natural Resources to support the development of the Big Daddy 14

  15. Slide 15: Brief history

    2010 - Cliffs buys Freewest and Spider and control over Big Daddy and Black Thor Brief history Cliffs proceeds with plans to develop Black Thor 15

  16. Slide 16: Brief history

    2011 - Cliffs raises $5 billion to purchase control of the Bloom Lake iron mine. Brief history 2014 – Cliffs Canadian subsidiary declares bankruptcy 2015 – Sale of Canadian assets, Ring of Fire to Noront Cliffs Natural Resources (production cost) Wabush Bloom USA Mines 16

  17. Slide 17: RESET

    Brief history RR RESET 17

  18. Slide 18: Brief history – Moving forward

    Brief history – Moving forward 1-Grow chromite resource 2-Develop chromite gas reduction 3-Orchestrate railroad development 4-Explore First Nation partnerships 18

  19. Slide 19: Brief history

    In 2013-14 KWG earned a 50% interest in Brief history the chromite on the Fancamp claims, the gap in the chromite horizon 19

  20. Slide 20: Brief history

    In 2013-14 KWG earned a 50% Brief history interest in the chromite on the Fancamp claims 20

  21. Slide 21: FN-10-25 - Fancamp discovery hole

    FN-10-25 - Fancamp discovery hole -838.17m to 1048.31m- massive chromitite -210.14m at 43.49% Cr2O3 (43.30%) -650 - 850 vertical depth

  22. Slide 22: 763.5 to 820.63 (57.13m)

    763.5 to 820.63 (57.13m) FN-10-26 550 to 630 vertical 45.04% Cr2O3 (44.55%) 710.72 - 719.72 ; 40.58% 728.74 - 739.79 ; 33.3 % 744.82 - 749.41 ; 41.46 % 756.86 - 762.35 ; 44.08 %

  23. Slide 23: Brief history

    In 2013-14 KWG delineated the Black Horse Brief history chromite deposit 2013Fault Frank’s – KWG optioned Black Horse Chromite 85.9 MT @ 34.5% Cr2O3 43-101 compliant Inferred Resource 23

  24. Slide 24: Brief history

    The full extent of the Black Horse Brief history chromite deposit remains to be determined by drilling. 2013 – KWG optioned 24

  25. Slide 25: Brief history

    From 2011 to 2015 XPS developed Brief history NaOH assisted direct reduction of chromite with natural gas 25

  26. Slide 26: Brief history

    The ferrochrome carbide is easily Brief history liberated from the friable matrix Ferrochrome carbide crystal 26

  27. Slide 27: Ongoing

    No. 232 KWG Symbol on CSE: KWG Shares issued and outstanding: 871,418,968 KWG MOVES FORWARD ON GLOBAL PATENT PROTECTION BY UNDERTAKING NATIONAL PHASE OF GAS REDUCTION PATENT CLAIM WITH FILINGS IN KEY FERROCHROME-PRODUCING COUNTRIES: CANADA, CHINA, INDIA, INDONESIA, JAPAN, KAZAKHSTAN, SOUTH AFRICA, S

  28. Slide 28: Ongoing: Patent applications successful

    Ongoing Patent applications successful 28

  29. Slide 29: Ongoing

    2015 – 2020 - Though CanMET, the Canadian government Ongoing committed $8 million to study all aspects of chromite processing, with a focus on developing a deep understanding of direct reduction by natural gas. 29

  30. Slide 30: Next step: Pilot scale testing

    Pilot scale testing Next step ESS furnace, at Mintec, Randburg, South Africa 30

  31. Slide 31: Railroad

    Railroad KWG AND CHINA RAILWAY FSDI INK STRATEGIC COOPERATION AGREEMENT – FSDI TO COMPLETE CONDITIONAL BANKABLE FEASIBILITY STUDY 22 Aug 2016 TORONTO, ONTARIO–(Aug. 22, 2016) – KWG Resources Inc. (CSE:KWG) (FRANKFURT:KW6) (“KWG”) announces that it has entered a Framework Strategic Cooperation Agreem

  32. Slide 32: First Nations

    First Nations KWG wishes to honour the spirit of the treaties and share the land 32

  33. Slide 33: First Nation needs and mine infrastructure

    First Nation Building mine infrastructure cannot happen in isolation of First Nation needs and desires. 33

  34. Slide 34: First Nations

    FIRST NATIONS Green Forrest Management Inc Terrain analysis. The province of Ontario has Funded several First Nations to prepare road alternatives studies For submission to the EA process 3

  35. Slide 35: First Nations

    FIRST NATIONS KWG PROPOSES PARTNERSHIP WITH WEBEQUIE & MARTEN FALLS 02 Jun 2016 TORONTO, ONTARIO–(June 2, 2016) – In meetings this week KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) (“KWG”) has discussed with the Chiefs of the Webequie and Marten Falls First Nations an outline of principal terms for t

  36. Slide 36: Key Hurdles

    KEY HURDLES 1- Drill Black Horse deposit to support feasibility study and EA 2- Commercialize gas reduction of chromite to ferrochrome 3- Securing offtake agreements 4- Finding a senior partner to build and finance railroad 5- Structuring ownership; First Nation–Government–KWG 6- Seek financing to d

KWG Resources — International Chromium Development Association (ICDA) Annual Meeting 2018 on 6ix