British Columbia, Nov. 29, 2017 -- MGX Minerals Inc. is pleased to announce the Company intends to complete a non-brokered non-flow through private placement to raise gross proceeds of up to CA$5 million and a concurrent non-brokered flow through private placement to raise gross proceeds of CA$2.5 million . The NFT Financing will consist of an [...]
VANCOUVER, British Columbia, Nov. 29, 2017 -- MGX Minerals Inc. is pleased to report that engineering partner PurLucid Treatment Solutions Inc. has developed high temperature filtration for the purification of geothermal brines and associated extraction of metals and minerals including lithium. Similar to oilfield brines, it is well known that [...]
MGX Minerals is pleased to announce the completion of the Fall 2017 drill program at its Case Lake Lithium joint venture with Power Metals Corp. , located 80km East of Cochrane, Ontario. A total of 50 diamond drill holes comprising 5400 meters have now been completed. The majority of drill core is currently being assayed, assay highlights to date [...]
VANCOUVER, British Columbia, Nov. 16, 2017 -- MGX Minerals Inc. is pleased to report that joint venture partner Power Metals Corp. is nearing completion of the 5,000 metre drill program at Case Lake Lithium. Forty-four holes have been completed to date. The program has been extended and five more shallow holes are planned for a total of 49 drill [...]
VANCOUVER, British Columbia, Nov. 08, 2017 (GLOBE NEWSWIRE) -- MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to report the Company has engaged Dawson Geophysical Company (“Dawson”) of Houston, Texas to conduct a detailed seismic geophysical survey over the Blueberry Unit [...]
VANCOUVER, British Columbia, Nov. 06, 2017 (GLOBE NEWSWIRE) -- MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to report that engineering partner PurLucid Treatment Solutions (“PurLucid”) has been awarded a non-repayable contribution totaling up to C$8.2 million in [...]
MGX Minerals is pleased to report that joint venture partner Power Metals has received initial assay results from drilling at the Case Lake property near Cochrane, Ontario. As reported by Power Metals, drilling has intersected three wide high-grade lithium (Li) and tantalum (Ta) mineralized intervals including: - PWM-17-08: 1.94 % Li2O and 323.75 [...]
MGX Minerals and engineering partner PurLucid Treatment Solutions ("PurLucid") are pleased to announce advancement in magnesium extraction. The pretreatment removed all of the 76,000 mg/L of magnesium, reducing the post treatment concentration to non-detect levels (
VANCOUVER, British Columbia, Sept. 28, 2017 (GLOBE NEWSWIRE) -- MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to announce the appointment of Mr. Ian Graham as Vice President of Operations for the Company. Mr. Graham is an accomplished mining executive with over 20 years of [...]
VANCOUVER, British Columbia, Sept. 27, 2017 (GLOBE NEWSWIRE) -- MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to report it has been approved to uplist its common stock to the OTCQB® Marketplace effective September 27, 2017. The Company's “MGXMF” trading symbol in the [...]
VANCOUVER, British Columbia, Sept. 21, 2017 (GLOBE NEWSWIRE) -- MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) is pleased to announce that it has been provided with an update regarding ongoing drilling at its Case Lake Lithium Joint Venture with Power Metals Corp. A PDF accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/f4cbd1f5-2d08-4168-8fbc-db2b8700d2a2 Drilling has successfully intersected significant mineralization at the Company’s Case Lake Lithium Joint Venture. The Case Lake drill target area consists of a pegmatite d... [...]
MGX Minerals is pleased to announce that the common shares and warrants qualified by the Company's final short form prospectus dated August 21, 2017 commenced trading on the Canadian Securities Exchange on August 30, 2017 and September 1, 2017, respectively. A total of 6,879,226 common shares and 6,879,226 warrants issuable for no additional [...]
