Well, what do we know so far:

We know that as I'm writing this, the JV partner, Spider Resources, has completed a few drill holes and are continuing to drill more on the Big Daddy Chromite Deposit.

We know that Kwg Resources is not wasting any time, they have stated that they intend to develope all THREE DEPOSITS.....Big Daddy....Black Thor...Black Label.

Is that a little confusing, Freewest owns the Black Thor and the Black Label by 100%.

Here's a few News Releases that might explain how we got this far:

1)

Mar 16, 2009: KWG Resources Inc. Completes Private Placement With Cliffs Natural Resources Inc.

Further to its press release dated January 21, 2009, KWG Resources Inc. (“KWG” or the “Company”) (TSXV: KWG; OTCBB: KWGBF) is pleased to announce that Cliffs Natural Resources Inc. (NYSE: CLF) an Ohio Corporation
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2)Jul 16, 2009: KWG To Acquire Ring Of Fire Royalties

KWG Resources Inc (TSXV: KWG) has agreed to acquire from the holder half of a 2% net smelter royalty (1%) underlying the mineral claims of Freewest Resources Canada Inc (TSXV: FWR) (“Freewest”) including those in which KWG and Spider Resources Inc (TSXV:
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3)Kwg Resources, creates a new company called, "CANADA CHROME CORPORATION".

4)Aug 11, 2009: KWG Appoints Lavigne VP Exploration And Development

KWG Resources Inc. (TSX-V: KWG) (“KWG” or the “Company”) is pleased to announce the appointment of Maurice J. Lavigne, P.Geo., as Vice-President of Exploration and Development of the Company and its operating subsidiary Canada Chrome Corporation.
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5)Sep 24, 2009: KWG Unit Engages Railroad Engineering Firm

KWG Resources Inc (TSXV: KWG) subsidiary Canada Chrome Corporation has engaged Krech Ojard & Associates, P.A. of Duluth, Minnesota to provide engineering services for the construction of a new 350km (210 mi) railroad link to the Ring of Fire.
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We know thru the news releases and media that Canada Chrome Corp and Cliffs, plan on mining, shipping by rail and processing the chromite in Thunder Bay.