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Twenty five years ago Argentina liberalized its business and mining rules. At the time the mineral rich nation had barely been explored using modern techniques. A fact which Joe Grosso was very much aware of. He set out to explore in Argentina and, over the years, made three major discoveries and was named Argentina’s ‘Mining Man of The Year’ in 2005. Joe Grosso is the founding force behind Argentina Lithium (V.LIT).
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to report that joint venture partner Power Metals Corp. (“Power Metals”) has announced assay results confirming the presence of high-grade spodumene in the Northeast dyke at Case Lake, Cochrane, Ontario.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is please to announce it has retained former California Senate Majority Leader Richard Polanco as an advisor and consultant to the Company. Mr. Polanco will lead direct negotiations with the State of California and local municipalities regarding targeted exploration locations and sites identified by MGX as potential partnerships and acquisition targets to secure feedstock and operating sites. These sites will utilize the Company’s patented rapid recovery process to concentrate lithium and other minerals and metals from brine. Mr. Polanco will also advise MGX on local environmental solutions and support ongoing community and stakeholder relations.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to announce the Company has opened a field office in Santiago, Chile to evaluate new strategic business opportunities and potential project acquisitions. The Company has retained the services of Kura Geoscience SPA (“Kura Minerals”) to lead in-country asset development. Kura Minerals is a leading consulting firm with existing relationships throughout South America led by a Chile based management team:
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) 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 (the “NFT Financing”) and a concurrent non-brokered flow through private placement to raise gross proceeds of CA$2.5 million (the “FT Financing”).
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to report that engineering partner PurLucid Treatment Solutions Inc. (“PurLucid”) has developed high temperature filtration for the purification of geothermal brines and associated extraction of metals and minerals including lithium.
“Argentina Lithium (V.LIT) is a member of the accomplished Grosso Group, a resource management group that has pioneered exploration in Argentina since 1993. The management group has a long history of success in the resource sector of Argentina, and has assembled a first rate team of experts to acquire and advance the best lithium properties in the world renowned “Lithium Triangle”. The group’s repeated successes and resulting deep connections to the mining industry of Argentina mean they are able to progress with far greater ease than any newcomers.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) is pleased to announce the completion of the Fall 2017 drill program at its Case Lake Lithium joint venture with Power Metals Corp. (TSX.V: PWM) (“Power Metals”), located 80km East of Cochrane, Ontario. A total of 50 diamond drill holes comprising 5400 meters have now been completed (Figure 3). The majority of drill core is currently being assayed, assay highlights to date at the Main Dyke include:
Argentina Lithium & Energy Corp. (TSX-V:LIT) (FSE:OAY1) (WKN:A0RK7E) (OTC:PNXLF) (“Argentina Lithium” or the “Company”) is pleased to announce a non-brokered private placement financing of up to 10,000,000 units at a price of $0.33 per unit for gross proceeds of $3,300,000.
Argentina Lithium & Energy Corp. (TSX-V:LIT) (FSE:OAY1) (WKN:A0RK7E) (OTC:PNXLF) “Argentina Lithium” or the “Company”) is pleased to provide an update on exploration programs on its two active lithium exploration projects at the Arizaro and Incahuasi salars located in the prolific Lithium Triangle in Argentina. Due to an increase in activities, a new Project Manager is being hired to manage exploration moving forward.