MGX Minerals Inc. is pleased to announce, further to its news releases dated November 23, 2018 and November 27, 2018, it has closed the second and final tranche of its previously announced non-brokered private placement financing . The second tranche generated gross proceeds of $3,610,449.80 by issuance of 5,008,384 flow through units at $0.65 per [...]
MGX Minerals Inc. is pleased to report it is funding a research consortium with the University of British Columbia to develop a low-cost and scalable method for fabricating Silicon based anode to improve the energy density of Li-ion batteries. The two-year research program will focus on 1) fabricating nanostructured silicon using low-cost [...]
MGX Minerals Inc. is pleased to announce that the Company has received an interim order from the Supreme Court of British Columbia in respect of the Plan of Arrangement with its wholly-owned subsidiary MGX Renewables Inc. whereby MGX will complete a spin-out of 40% of the common shares of MGX Renewables pursuant to a plan of arrangement under the [...]
MGX Minerals Inc. is pleased to announce that joint venture partner Chilean Lithium Salars is drilling at the Francisco Basin Project located 30 kilometres south of the Salar de Maricunga. Francisco Basin Electrical Resistivity Results Francisco Basin Cross Section Drill Rig on site at Francisco Basin Project The 5-hole program was designed to [...]
MGX Minerals Inc. is pleased to report additional drill results from its Fall 2018 drill program at the Fran Gold Property in British Columbia, 30 kilometers southwest of the Mount Milligan Gold-Copper mine. Drill hole FR18-96 intersected the down-dip extensions of auriferous veins known as Zone 3, Zone 2, and Zone 1 in addition to mineralized [...]
MGX Minerals Inc. is pleased to announce receipt of the independent, 3rd party scale up and technology engineering review of the Company’s rapid lithium extraction technology for geothermal implementation in the Western United States. The report provides recommendations to implement large-scale application of the technology, including [...]
MGX Minerals Inc. is pleased to announce that drilling will recommence shortly at its 100% owned Fran Gold Property located 30km southwest of the Mount Milligan Gold-Copper Mine. Initial Winter 2018 drilling will drill a twin vertical hole to confirm and test below historic drill hole FR-027 from 2002. Hole FR-027 was drilled in the Hilltop Zone [...]
MGX Minerals Inc. is pleased to announce that its wholly owned subsidiary MGX Renewables, Inc. has entered the final phase of development for its next generation zinc-air mass storage systems. All components of the system have been designed, tooled and received with the exceptions of the fuel cell and regenerator plates which comprise the housings [...]
MGX Minerals Inc. is pleased to announce a discovery at the Fran Gold Property in British Columbia, 30 kilometers southwest of the Mount Milligan Gold-Copper mine. Drill hole FR18-95 has returned a broad intercept from 227.0 to 241.0 meters of gold mineralization at depth in the Bullion Alley Gold Zone. This has confirmed extension of gold [...]
MGX Minerals Inc. is pleased to provide an update regarding its previously announced arrangement agreement, dated October 31, 2018 with its wholly-owned subsidiary, MGX Renewables Inc. whereby MGX will complete the spin-out of 40% of the common shares of MGX Renewables pursuant to a plan of arrangement under the Business Corporations Act . The [...]
MGX Minerals Inc. is pleased to provide an update for its Gibraltar and Wonah silicon properties located in British Columbia. MGX is investigating the potential to source high-grade silica as a feedstock to be used in industrial silicon metal and solar silicon metal applications. Gibraltar Gibraltar Gibraltar Gibraltar Silica Gibraltar is located [...]
MGX Minerals Inc. today announced it has filed financial results and operating highlights for the fiscal year ended July 31, 2018. This press release should be read in conjunction with MGX’s Consolidated Financial Statements and Management’s Discussion and Analysis for the year ended July 31, 2018, which are available for download on [...]
