MGX Minerals Inc. announce exploration is planned at its 100% owned GC Lithium, Caesium, Tantalum , and Rubidium Property, located in southern British Columbia. The purpose of the planned exploration is to identify nuclear and space metals potential. In 2013, two rock samples of the pegmatite dike assayed up to 0.111% caesium and greater than 0.2% lithium and rubidium, respectively . In 2015, rock sampling yielded values [...]
MGX Minerals Inc. announces a strategic review is underway of its REN niobium-tantalum-titanium-rubidium project for nuclear and space metals. These metals are generally known for their high melting point and ability to withstand extreme heat. The previously explored REN property, located in British Columbia, was drilled by MGX in 2018. Results of the 14 hole 1249 meter drill program, included a drill intersection of 44 [...]
MGX Minerals Inc. provides an update from an internal and external design study of a standardized nuclear fuel for Small Modular Nuclear Reactors for use in land energy and long range space flight. The Company has determined that a TRIstructural-ISOtropic particle fuel pellet provides the best candidate for a standardized fuel for the SMR market. The preferred feedstock for this fuel type pellet is a high assay, low [...]
MGX Minerals Inc. is pleased to announce, the Company, has completed an initial review of Small Modular Nuclear Reactor Technology . The Company has identified an opportunity in the design of a standardized fuel, to give confidence to the many developers of SMR technology, that a reliable fuel supply will be available as their new reactor designs become available to the energy infrastructure and long range space flight [...]
MGX Minerals Inc. is pleased to announce a joint internal and external review is underway of existing Advanced Small Modular Nuclear Reactor Technologies and related opportunities. MGX, a leader in clean energy technology and metals, is currently reviewing existing SMR designs, fuel and related commodities. In particular, TRI - structural ISOtropic particle fuel reactors, and related mining and fuel processing. For more [...]
MGX Minerals Inc. is pleased to announce that the Company intends to complete a non-brokered private placement for up to 20,000,000 Units at a price of CA$0.06 per Unit. Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant. Each Warrant is exercisable into one Common Share at a price of CA$0.10 for a period of two years from the date of issue. Each Warrant is [...]
MGX Minerals Inc. is pleased to announce project geochemical analysis results of rock chip samples taken from the Grizzly, Silver Queen , Arnie Flats, East Ridge, Jennie and Road Zones. Zone Name Sample no Au g/t Au oz/t Ag g/t Ag oz/t Cu ppm Pb ppm Zn ppm Grizzly 20GRIZ1 10.55 0.308 16 0.47 1665 345 456 Grizzly 20GRIZ2 3.52 0.103 10.55 0.31 274 355 416 Grizzly 20GRIZ5 14.25 0.416 6.21 0.18 208 23.4 86 Arnie Flats 20AF1 [...]
MGX Minerals Inc. is pleased to report that, in its collaborative research partnership with the University of BC, has developed a new dendrite free Zinc-Ion battery under US Provisional Patent #62/993,177. As published in the Royal Journal of Chemistry: Journal of Material Chemistry A: "Rechargeable aqueous zinc-ion batteries have attracted increasing attention as an energy storage technology for large-scale applications [...]
MGX Minerals Inc. is pleased to report that its collaborative research partnership with the University of British Columbia has developed a new multifunctional surface coating, aluminum oxynitride, by an advanced atomic layer deposition technique. With this thin surface coating, the Si anode exhibited dramatically improved specific capacity of 1,200 mAh g-1 for 100 cycles at 0.1C, in comparison to 500 mAh g-1 for bare Si [...]
MGX Minerals Inc. announces that it is working to complete the audit of the consolidated financial statements and anticipates filings to be completed by months end. MGX Minerals is a diversified Canadian resource and technology company with interests in gold, global advanced materials, energy storage technology and water assets. Contact Information: Neil Foran Chief Financial Officer neil@mgxminerals.com Web [...]
MGX Minerals Inc. announces that it has received a temporary Management Cease Trade Order from the BC Securities Commission in connection with the Company's filing of its audited annual financial statements and MD&A for the financial year ended July 31, 2020. The Company requested the MCTO in order to secure additional time to consolidate financial information from its operations, which have been unforeseeably disrupted [...]
MGX Minerals Inc. has completed 75% of LiDAR mapping, accurate to 55-88mm, and magnetometer survey over a total target area of 9 square kilometers at the Heino Gold deposit, as well as East Ridge and Silver Queen occurrences. A weather window has opened for completion of the remaining portion of the heli-survey, which is expected to be completed today. The data will provide identification of surface mineralization [...]