VANCOUVER, July 20, 2023 - MGX Minerals Inc. announces exploration has been completed at the Company's wholly owned GC Lithium Project. Exploration, led by MGX CEO, Andris Kikauka , including geochemical sampling and geological mapping in support of future diamond drilling. Fourteen rock chip samples were taken from 3 pegmatite showings in the main [...]
Vancouver, May 9, 2023 - MGX Minerals Inc. announces a Notice of Work has been filed with the British Columbia Ministry of Energy, Mines and Low Carbon Innovation for drilling at its 100% owned GC Lithium Project. Drilling will be targeted to detect depth extension of surface mineralization, and detail zonation of various rare metal bearing [...]
Vancouver, April 28, 2023 - MGX Minerals Inc. VANCOUVER, The GC occurrence , is characterized by subvertical pegmatite dykes 3 to 7 metres in width that follows a trend of 062° cutting the well-developed fabric of the host biotite gneiss. It is exposed discontinuously for at least 65 m along strike. The GC pegmatite dyke is approximately 3-7 [...]
VANCOUVER, November 14, 2022 - MGX Minerals Inc. , announces receipt of a formal proposal for the design of testing, testing, engineering design, procurement, construction, and commissioning of a 15tpd pilot processing plant to specification 3303# silicon metal from the Company's Gibraltar silica deposit; The current price of silicon metal FOB East [...]
MGX Minerals Inc. announces assays are imminent at its wholly owned GC Lithium Pegmatite Claims in BC. Visual 1 dentification of pegmatite has indicated a reasonable likelihood of a hardrock lithium deposit. MGX Minerals has carried out geological mapping and geochemical sampling of the GC and Grail) pegmatite. A total of 7 rock chip samples of [...]
VANCOUVER, September 7, 2022 - MGX Minerals Inc. is pleased to announce completion of geophysical exploration at the wholly owned GC Lithium Pegmatite Claims in British Columbia. MGX Minerals has carried out geological mapping and geochemical sampling of the GC pegmatite. A total of 7 rock chip samples of mineralized pegmatite have been sent to ALS [...]
MGX Minerals Inc. announces an initial proposal has been made to the Natural Resource Canada - Zero Emission Vehicle Infrastructure Program, for the purpose of directing Federal funds into a supply chain that provides for a domestic mine to market industrial solar product for Canadian energy infrastructure. The final plan is to be provided to [...]
MGX Minerals Inc. announces the Company has been in contact with Major Stakeholders and formal discussions will commence in the 2nd half of June regarding a silicon metal processing site in proximity to its Kootenay silicon properties. MGX is currently seeking a site with a minimum of 12MW of power, which would be sufficient to power a 15 tonne per [...]
MGX Minerals Inc. announces it has identified a number of sites in proximity to its Kootenay silicon properties and is evaluating the primary requirement of available power in support of its proposed silicon furnace operations. The Company is working closely with local First Nations to achieve goals of both shareholders and local stakeholders in [...]
MGX Minerals Inc. due to the significant increase in the price of nickel, the Company is pleased to announce the acquisition of the Letain Nickel Project, British Columbia. Payment terms are as follows: $50,000 within 30 days $100,000 within 180 days $250,000 within 18 months $350,000 within 3 years For a 90% interest in the project. The Vendors [...]
MGX Minerals Inc. / / is pleased to announce that the Company has completed a non-brokered private placement for 5,000,000 Units at a price of CA$0.05 per Unit for gross proceeds of $250,000. [Each Unit consists 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 callable by MGX in the event its Common Shares trade on the Canadian Securities Exchange at a 10 day volume weighted average price equal to or greater than $0.20.] The securities issued under the Private Placement are subject to a hold period of four- months and a day. There were a total of 3 placees, management did not [...]
MGX Minerals Inc. is pleased to announce that the Company intends to complete a non-brokered private placement for up to 5,000,000 Units at a price of CA$0.05 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 callable by MGX in the event its Common Shares trade on the Canadian Securities Exchange at a 10 day volume weighted average price equal to or greater than $0.20.] Closing of the Private Placement is expected to take place the prior to January 21, 2022. The securities issued under the Private Placement are expected to be subject to a hold [...]
