MGX Minerals

MGX Minerals Completes TDEM Geophysical Survey at Salinitas Lithium Project – Salinas Grande Salar, Argentina

August 13, 2018 MotherlodeTV

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) is pleased to report completion of the previously announced Time Domain Electromagnetic (TDEM) survey at the Salinitas lithium brine project (the “Project”) located in the Salinas Grande Salar of northwest Argentina. The TDEM geophysical survey was conducted across 52 stations at 500 meter totaling approximately 26 kilometers. Data compilation is underway and interpretation is expected to begin shortly. Based on interpretation of the TDEM data, the Company is now preparing to carry out trenching as well as an auger drilling program to test for shallow, near surface brines that contain anomalous concentrations of lithium and other elements correlated with geophysics in preparation for definition of drill targets. read more

MGX Minerals Drills Up to 105 Meters of 98.7% Silica at Koot Silicon Project

August 10, 2018 MotherlodeTV

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to report results of diamond drilling from its Koot silicon project (“Koot”) north of Cranbrook, British Columbia. Nine drill holes were completed across 50 meter spacings to further expand known mineralization within the North and South zones. Five drill holes were located in the North Zone and were collared in quartzite and ended in quartzite. Four holes collared in the South Zone started in quartzite and two out of four holes ended in quartzite. The Company began evaluation of commercial applications for silica with silicon processing experts DORFNER ANZAPLAN this Spring; including testing of material for upgrading of metallurgical grade and solar-grade silicon with results expected shortly. read more

MGX Acquires Lithium Brine Projects in Chile – Rapid Lithium Extraction to be Tested – Drilling to Commence Shortly

August 8, 2018 MotherlodeTV

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to announce it has entered into an Memorandum of Understanding (the “MOU”) to acquire 50% of the issued shares of Chilean Lithium Salars SpA (“CLS”). CLS is a wholly owned subsidiary of Chilean Lithium Salars Holdings Ltd. (“CLSH”) and holds a 100% interest in three prospective lithium exploration Projects (the “Projects”) located in Chile, including Francisco Basin, Laguna Brava and Laguna Escondida Lithium Projects. read more

MGX Minerals Increases Ownership in Lithium and Cleantech Partner PurLucid Treatment Solutions; Provides First Plant Deployment Update

August 7, 2018 MotherlodeTV

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) is pleased to report the Company has increased its ownership in engineering partner PurLucid Treatment Solutions (“PurLucid”) to 55% with the investment of $2.6M. read more

MGX Announces Drilling at Kibby Basin, Nevada Lithium Brine Project

August 2, 2018 MotherlodeTV

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to announce that drilling has commenced at the Kibby Basin, Nevada lithium brine property (“Kibby Basin” or the “Property”). The drill program is being conducted by Harris Exploration Drilling & Associates Inc. (“Harris”). Harris has extensive experience drilling Clayton Valley lithium brines. Clayton Valley is the home of Abermarle’s Silver Peak Mine, the only US lithium producer and is located 50km to the South of the Kibby Basin. Eight drill targets were generated based on results from a Quantec MT geophysical survey completed in January. The proposed drill holes are designed to test a large MT conductor which may represent aquifers containing lithium brines. The drill holes have been designed to intercept the MT anomaly starting at depths of 325 m (1065 ft.) and continue to as deep as 760 m (2500 ft.). The objective is to determine the nature of the conductor, collect sediment samples for lithium analyses, identify aquifers and sample water and any brines encountered. read more

MGX Announces Engagement of Hatch Engineering for Scale Up of Rapid Lithium Extraction Plants

August 1, 2018 MotherlodeTV

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to announce the engagement of Hatch Ltd. to advise MGX on the scaling of the Company’s rapid lithium extraction technology in the Western United States. Hatch will provide strategic review and recommendations to implement large-scale application of the technology, including: read more

MGX Minerals Commences Laboratory Bench-Scale Testing of Thermochemical Process to Extract Lithium from Spodumene; Case Lake Lithium Project Bulk Sample Testing Underway

July 31, 2018 MotherlodeTV

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to announce that Orion Laboratories, LLC (“Orion”) and Light Metals International Inc. (“LMI”) have commenced laboratory bench-scale testing of a 10 kilogram bulk sample of spodumene-rich rock originating from the Case Lake lithium project in Ontario. The mineralized material is currently undergoing chemical and mineralogical homogeneity testing, with the objective of extracting lithium compounds and achieving a 95% pure spodumene concentrate. Results of testing performed to date by Orion and LMI indicate that this level of spodumene purity is achievable. Once bench-scale testing has been completed to a satisfactory level, additional mineral separation testing will be conducted to further develop the hydrothermal leaching processes in order to purify high-grade spodumene concentrate. read more

MGX Minerals Announces TDEM Geophysical Survey at Salinitas Lithium Project, Salinas Grande Salar Argentina

July 30, 2018 MotherlodeTV

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to announce the engagement of Quantec Geoscience (“Quantec”) to complete a Time Domain Electromagnetic (TDEM) survey on the Salinitas lithium brine project (the “Project”) in the Salinas Grande Salar of northwest Argentina. MGX has partnered with A.I.S. Resources (TSX.V: AIS) on the Project and is currently earning an 80% interest. The TDEM geophysical survey will be conducted along 52 stations spaced in 500 meter intervals across the edge of the salar to test for shallow, near surface brines to determine locations with anomalous concentrations of lithium. read more

MGX Minerals Announces Assay Samples Up to 4.43% Li2O at Paterson Lake Lithium Project, Ontario

July 30, 2018 MotherlodeTV

MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased announce that geological mapping at Paterson Lake (“Paterson Lake” or the “Property”), 60 km north of Kenora, northwestern Ontario has successfully identified high-grade Lithium (Li) mineralization. The geological mapping program also identified three target areas for follow up exploration: read more

MGX Minerals Announces Mobilization for Drilling at Kibby Basin, Nevada Lithium Brine Project

July 26, 2018 MotherlodeTV

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to announce the engagement of Harris Exploration Drilling and Associates Inc. (“Harris Drilling”) for drilling on the Kibby Basin, Nevada lithium brine property (“Kibby Basin” or the “Property”). MGX is partnered with Belmont Resources (TSX-V: BEA) on the Property and is currently earning a 50% interest for the purpose of forming a 50/50 Joint Venture (the “Joint Venture”) utilizing MGX’s rapid lithium extraction technology. Drill hole targets were generated based on results from the Quantec MT geophysical survey completed in January. The proposed drill holes are designed to test a large MT conductor, which may represent aquifers containing lithium brines. The drill holes have been designed to intercept the MT anomaly starting at depths of 325 m (1065 ft.) and continue to as deep as 760 m (2500 ft.). The objective is to determine the nature of the conductor, collect sediment samples for lithium analyses, identify aquifers and sample water and any brines encountered. read more

Tag: MGX Minerals