China Rail delegation to explore Ring of Fire rail link by mid-March

A Canadian mineral exploration company that has been attempting to tap Ontario's Ring of Fire says a Chinese engineering company will be in Ontario by mid-March to look at the possibility of building a rail link to the remote area of northern Ontario.
The province has committed to spending $1 billion to help develop the massive mineral deposit in northern Ontario. But there was no mention of Ring of Fire in the recent federal budget. (Noront Resources)

A Canadian mineral exploration company that has been attempting to tap Ontario's Ring of Fire says a Chinese engineering company will be in Ontario by mid-March to look at the possibility of building a rail link to the remote area of northern Ontario.

KWG Resources and its agent in China, Golden Share Mining Corp. have reportedly reached a preliminary agreement with China Railway First Survey & Design Institute Group Co. Ltd. A delegation from FSDI will visit Ontario by mid-March to assess a right-of-way staked by Canada Chrome Corp., a subsidiary of KWG.

The company has a 30 per cent interest in the Big Daddy chromite deposits and the right to earn up to 80 per cent of the Black Horse chromite deposit, which are part of a cluster of deposits in the region.

The chromite operations in the region will not be economical unless the materials are hauled out of there in the cheapest possible way "and that's by rail," Moe Lavigne, vice-president of KWG Resources, previously told CBC News.

The mineral claims traverse the traditional territory of the Aroland and Marten Falls First Nations.

with files from The Canadian Press

Comments

To encourage thoughtful and respectful conversations, first and last names will appear with each submission to CBC/Radio-Canada's online communities (except in children and youth-oriented communities). Pseudonyms will no longer be permitted.

By submitting a comment, you accept that CBC has the right to reproduce and publish that comment in whole or in part, in any manner CBC chooses. Please note that CBC does not endorse the opinions expressed in comments. Comments on this story are moderated according to our Submission Guidelines. Comments are welcome while open. We reserve the right to close comments at any time.