"KWG and Spider have an equal interest in the option, under which they may together earn up to a 65% interest in the property. Both companies also have equivalent interests in various other joint ventures between them, including the extensive McFaulds Lake properties optioned to UC Resources Inc (TSX VENTURE: UC). "It is important that the investing public understands how KWG and Spider are completely equal in their interests that are adjacent to the recent Noront discovery in the so-called Ring of Fire", said KWG president Frank Smeenk."

This is for the four-claim FWR option property which has drilling currently underway.

Cheers,