VANCOUVER, British Columbia, July 19, 2018 -- MGX Minerals Inc. is pleased to report it has completed the previously announced diamond drill program on its Koot silicon project in British Columbia. A total of 782 meters of drilling were completed across 10 drill holes. Drill core has been split and sent to ALS Minerals in North Vancouver, British Columbia for special carbide pulverizing disc preparation and ME-ICP06 whole [...]
VANCOUVER, British Columbia, July 18, 2018 -- MGX Minerals Inc. is pleased to announce the completion of a geotechnical drill program and associated assay results from its Driftwood Creek magnesium project in southeastern British Columbia. The objective of the drill program was to establish pit wall stability and assess static pressure of groundwater using piezometers. A summary of assay results is provided below: DDH [...]
VANCOUVER, British Columbia, July 13, 2018 -- MGX Minerals Inc. is pleased to announce it has entered into a Property Option Agreement with Belmont Resources to acquire an initial 25% interest in the Kibby Basin, Nevada lithium brine property , approximately 50km North of Clayton Valley, NV. MGX will fund up to C$300,000 in exploration expenditures, to be used for drilling in the Kibby Basin. The target area is a large [...]
VANCOUVER, British Columbia, July 12, 2018 -- MGX Minerals Inc. and Highbury Energy Inc. are pleased to report additional work has commenced on gasification of petroleum coke , an oilsands and refinery by-product, into a synthetic liquid equivalent to refinery crude oil feedstock. The expanded research and development is focused on the re-processing of petcoke waste product to a synthetic crude oil. The target [...]
MGX Minerals and engineering partner PurLucid Treatment Solutions Inc. are pleased to report that two sea containers containing a second wastewater treatment system have arrived from the pipe and metal fabricator. The system is scheduled for installation at an oil and gas operation in Alberta to treat evaporator blowdown brine. The system, capable of processing high salinity wastewater from SAGD operations, will remove [...]
VANCOUVER, British Columbia, July 09, 2018 -- MGX Minerals Inc. is pleased to provide a status update for its Driftwood Creek magnesium project as well as report regional exploration results for its portfolio of magnesium prospects located proximate to Driftwood Creek in southeastern British Columbia. MGX magnesite mining claims in British Columbia Engagement of Hatch Ltd. The Company has engaged engineering firm Hatch [...]
VANCOUVER, British Columbia, July 05, 2018 -- MGX Minerals Inc. is pleased report that the Company’s local Operating Partner has filed with the U.S. Bureau of Land Management an application to complete a a 65.4 square mile 3D seismic survey over the Blueberry Unit at the Company’s Utah Petrolithium Project located in the Paradox Basin of Utah. The survey will include 9,062 source points and comprise 6,354 [...]
VANCOUVER, British Columbia, July 04, 2018 -- MGX Minerals Inc. is pleased to announce that diamond drilling has commenced at its Koot silicon project north of Cranbrook, BC. and proximate to the Company’s Driftwood Creek magnesium project. Preparations are also underway to commence a drill program on the Wonah silicon project . Additionally, metallurgical test work has now commenced on mineralized material from the [...]
VANCOUVER, British Columbia, June 28, 2018 -- MGX Minerals Inc. is pleased to announce that its wholly owned subsidiary ZincNyx Energy Solutions, Inc. has completed the design for manufacturing of its core regenerator and fuel cell modules. Since both modules are constructed from a number of identical cells, they constitute ideal candidates for manufacture by volume production methods such as injection molding, die [...]
British Columbia, June 25, 2018 -- MGX Minerals Inc. is pleased to announce, further to its news release dated June 5, 2018, it has closed its previously announced non-brokered private placement financing for total gross proceeds of $15,492,334.45 . Pursuant to the Offering, the Company issued 5,443,205 flow through units at $1.15 per FT Unit, representing gross proceeds of $6,259,685.75, and 8,393,317 non flow through [...]
VANCOUVER, British Columbia, June 21, 2018 -- MGX Minerals Inc. is pleased to report that joint-venture partner Power Metals Corp. has commenced drilling in the Main Dyke area on the Henry Dome at the Case Lake lithium property . Power Metals expects to complete over 15,000 metres of drilling and will test several new targets that were recently identified through previous drilling and mapping. Drill setup on PWM-18-84 on [...]
VANCOUVER, British Columbia, June 14, 2018 -- MGX Minerals Inc. and engineering partner PurLucid Treatment Solutions Inc. are pleased to report a successful demonstration event of the NFLi-5 commercial-scale rapid lithium extraction system, which is now ready for deployment. The demonstration occurred at PurLucid’s laboratories in Calgary, Alberta and was attended by oil and gas companies, industrial customers [...]