China Railway First Survey & Design Institute Group Co., Ltd. to Negotiate Terms for KWG Feasibility Study - Seite 2

KWG was incorporated and is a reporting issuer in the province of Quebec, the primary regulator of its securities distributions. The Company is also a reporting issuer in Nova Scotia, Ontario, Manitoba and Alberta as well as British Columbia, and its shares were formerly listed for trading on the TSX Venture Exchange as well as the Canadian Securities Exchange where they now trade exclusively. The currently-dated report now addresses all issues raised in prior reviews amongst these regulators.

"It is perhaps a measure of the significance of the Ring of Fire discoveries to witness the attention that the characterization and calculation of our chromite resources are receiving from our many regulators," said KWG President Frank Smeenk. "It is not always fun, but it is certainly resulting in an important constituency of the earth sciences community becoming very well informed about this enormous discovery of new Canadian mineral wealth!"

About FSDI:

Established in 1953, China Railway First Survey & Design Institute Group Co., Ltd. ("FSDI") holds 26 national Grade-A complex qualification certificates for engineering survey, design, supervision and consultation.

Over the past 60 years since establishment, FSDI has led the design and construction of over 48,000 km of railways represented by western China's railway network, and undertaken over 5,000 km of high-speed railways which have been in operation or are under construction in China.

FSDI has undertaken rail transit projects in over 30 cities of China, fully covering the whole process or industrial chain of planning, design, consultation, supervision, EPC and general property development of means of transport such as subway, light rail and tramcar. It has also undertaken railway, highway and subway consultation and design projects measuring a total of over 2,000 kilometers in over 40 countries.

FSDI's complete survey & design technologies have been up to domestic or world advanced standards in fields such as mountain railways, plateau permafrost railways, desert railways, electrified railways, super long tunnels, large railway hubs or marshalling stations, wireless train control, command scheduling systems, and large interchange engineering.

About KWG:

KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn 80% of the Black Horse chromite where resources are being defined. KWG also owns 100% of CCC which has staked claims and conducted a surveying and soil testing program, originally for the engineering and construction of a railroad to the Ring of Fire from Aroland, Ontario. KWG subsequently acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. The Company is prosecuting patent applications for both the direct reduction method and for a method of producing high purity chromium metal by continuous smelting.

Shares issued and outstanding: 871,418,968

KWG Resources Inc.
Bruce Hodgman
Vice-President
416-642-3575
[e-mail]