The Canadian Chrome Company Inc. Announces Additional Agreement Providing Consent for Geotechnical Program for Northern Road Link
The Canadian Chrome Company (CSE: CACR) has announced that its subsidiary, Canada Chrome Corporation (CCC), has signed a supplementary memorandum of agreement with AtkinsR茅alis Canada Inc. for the Northern Road Link project. The agreement grants temporary access rights for geotechnical investigation and aggregate testing along CCC's proposed 330-kilometer Utility Corridor in northwestern Ontario.
The agreement allows for thirteen borehole locations to be tested for up to one year, with work expected to commence around September 15, 2025. This initiative supports the environmental assessment for a multi-use all-season road connecting the Marten Falls Community Access Road and Webequie Supply Road, benefiting both the Ring of Fire mining development and First Nations communities in the James Bay Lowlands.
The Canadian Chrome Company (CSE: CACR) ha annunciato che la sua controllata, Canada Chrome Corporation (CCC), ha firmato un memorandum d'intesa supplementare con AtkinsR茅alis Canada Inc. per il progetto Northern Road Link. L'accordo concede diritti di accesso temporaneo per indagini geotecniche e prove di materiale lungo il corridoio di servizi proposto di 330 chilometri nel nord-ovest dell'Ontario.
L'intesa permette di eseguire prove in tredici posizioni di carotaggio per un periodo fino a un anno, con inizio dei lavori previsto intorno al 15 settembre 2025. L'iniziativa supporta la valutazione ambientale per una strada multiuso accessibile tutto l'anno che collegher脿 la Marten Falls Community Access Road alla Webequie Supply Road, a beneficio sia dello sviluppo minerario del Ring of Fire sia delle comunit脿 delle Prime Nazioni nelle pianure costiere della Baia di James.
The Canadian Chrome Company (CSE: CACR) ha anunciado que su subsidiaria, Canada Chrome Corporation (CCC), firm贸 un memorando de acuerdo suplementario con AtkinsR茅alis Canada Inc. para el proyecto Northern Road Link. El acuerdo otorga derechos de acceso temporales para investigaciones geot茅cnicas y ensayos de agregados a lo largo del corredor de servicios propuesto de 330 kil贸metros en el noroeste de Ontario.
El acuerdo permite probar trece ubicaciones de sondeo durante un plazo de hasta un a帽o, con el inicio de los trabajos previsto alrededor del 15 de septiembre de 2025. Esta iniciativa respalda la evaluaci贸n ambiental de una carretera multiuso y transitables todo el a帽o que conectar谩 la Marten Falls Community Access Road con la Webequie Supply Road, beneficiando tanto al desarrollo minero del Ring of Fire como a las comunidades de las Primeras Naciones en las llanuras de la bah铆a de James.
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The Canadian Chrome Company (CSE: CACR) a annonc茅 que sa filiale, Canada Chrome Corporation (CCC), a sign茅 un protocole d'accord suppl茅mentaire avec AtkinsR茅alis Canada Inc. pour le projet Northern Road Link. L'accord accorde des droits d'acc猫s temporaires pour des investigations g茅otechniques et des essais d'agr茅gats le long du couloir utilitaire propos茅 de 330 kilom猫tres dans le nord-ouest de l'Ontario.
L'accord permet de tester treize emplacements de forage pendant une dur茅e maximale d'un an, les travaux devant commencer aux alentours du 15 septembre 2025. Cette initiative soutient l'茅valuation environnementale d'une route polyvalente praticable toute l'ann茅e reliant la Marten Falls Community Access Road 脿 la Webequie Supply Road, au b茅n茅fice du d茅veloppement minier du Ring of Fire et des communaut茅s des Premi猫res Nations dans les basses terres de la baie James.
The Canadian Chrome Company (CSE: CACR) hat bekannt gegeben, dass ihre Tochtergesellschaft Canada Chrome Corporation (CCC) eine erg盲nzende Vereinbarung mit AtkinsR茅alis Canada Inc. f眉r das Northern Road Link-Projekt unterzeichnet hat. Die Vereinbarung gew盲hrt vor眉bergehende Zugangsrechte f眉r geotechnische Untersuchungen und Zuschlagstofftests entlang des vorgeschlagenen 330 Kilometer langen Versorgungskorridors im Nordwesten Ontarios.
Die Vereinbarung erlaubt die Pr眉fung von dreizehn Bohrstellen 眉ber einen Zeitraum von bis zu einem Jahr, wobei die Arbeiten voraussichtlich um den 15. September 2025 beginnen. Diese Initiative unterst眉tzt die Umweltvertr盲glichkeitspr眉fung f眉r eine ganzj盲hrig nutzbare Mehrzweckstra脽e, die die Marten Falls Community Access Road mit der Webequie Supply Road verbinden soll und sowohl der Bergbauentwicklung im Ring of Fire als auch den First Nations-Gemeinschaften in den James-Bay-Tiefl盲ndern zugutekommt.
- Agreement supports development of transportation and electrification systems in James Bay Lowlands
- Collaboration with First Nations communities shows commitment to equitable benefit sharing
- Company will receive valuable geotechnical data to support future mining development
- None.
Toronto, Ontario--(Newsfile Corp. - September 11, 2025) - The Canadian Chrome Company Inc. (CSE: CACR) (CSE: CACR.A), formerly KWG Resources Inc. (the "Company"), is pleased to announce that, in furtherance of its ongoing support for equitable sharing with affected First Nations the many benefits of the development of transportation and electrification systems into the James Bay Lowlands and of mining enterprises in the Ring of Fire, the Company's wholly owned subsidiary, Canada Chrome Corporation ("CCC"), has signed a supplementary memorandum of agreement with AtkinsRéalis Canada Inc. (the "2025 Memorandum of Agreement") in support of the latter's application for work permits needed by it as the contractor representing Marten Falls First Nation ("MFFN") and Webequie First Nation ("WFN"). MFFN and WFN are the proponents of the environmental assessment for the design, construction and operation and maintenance of a multi-use all-season road called the Northern Road Link between the proposed Marten Falls Community Access Road and the proposed Webequie Supply Road in northwestern Ontario between Nakina and the Ring of Fire in the James Bay Lowlands. The 2025 Memorandum of Agreement is additional to the memorandum of agreement signed with AtkinsRéalis Canada Inc. in November 2024 and is for additional geotechnical investigation and aggregate source testing activities for the Northern Road Link (see the Company's news release dated November 6, 2024).
Pursuant to the 2025 Memorandum of Agreement, CCC has provided its consent for AtkinsRéalis Canada Inc. to be granted temporary access rights pursuant to the Public Lands Act (Ontario) to certain parts of the surface over some of the mineral exploration claims held by CCC along the northern half of the route of its proposed "Utility Corridor" for constructing transportation and electrification systems through the James Bay Lowlands from Nakina, Ontario to the Company's Black Horse chromite discovery in the Ring of Fire, a distance of approximately 330 kilometers, with electrification system connections from the Utility Corridor to several First Nations communities in the James Bay Lowlands. CCC provided its consent for temporary access rights for land-use permits for thirteen borehole locations for periods up to one year for certain geotechnical investigation and aggregate source testing activities. Work is expected to begin on or after September 15, 2025 and to continue until approximately late November depending on weather conditions. The 2025 Memorandum of Agreement provides that, at the end of the period, the access rights obtained by AtkinsRéalis Canada Inc. will be surrendered and the rights to all surface access rights will be restored to CCC.
The Memorandum of Agreement also provides for AtkinsRéalis Canada Inc. to provide the Company and CCC with copies of the results and other material regarding the work from time to time as various aspects of the work are completed. The Company believes that the results of those studies will assist it and its subsidiary in their activities and ongoing efforts for the efficient development of mines, minerals and mining rights as contemplated by the Mining Act (Ontario).
About The Canadian Chrome Company Inc.
The Canadian Chrome Company Inc. is an exploration stage company that is focused on identification, acquisition, consolidation, exploration, development and evaluation of large-scale deposits of minerals including chromite in the Ring of Fire, as well as other base metals and strategic minerals and, where applicable, in the development of transportation and electrification links to access remote areas where these deposits may be located.
For further information, please contact:
Bruce Hodgman, Vice-President: 416-642-3575 ~ [email protected]
Forward-Looking Statements: Information set forth in this news release may involve forward-looking statements under applicable securities laws. The forward-looking statements contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements included in this document are made as of the date of this document and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation. Although management believes that the expectations represented in such forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct.
Disclaimer: Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.
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FAQ
What is the purpose of Canadian Chrome Company's 2025 Memorandum of Agreement with AtkinsR茅alis?
How long will the geotechnical investigation work last under the CACR agreement?
What is the length of the proposed Utility Corridor by Canadian Chrome Company?
How many borehole locations are included in the Canadian Chrome Company's 2025 agreement?
Which First Nations are involved in the Northern Road Link project with CACR?
