ZincNyx has been renamed “MGX Renewables Inc.”
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to report it has completed the previously announced diamond drill program on its Koot silicon project (“Koot” or the “Project”) in British Columbia. A total of 782 meters (2,565 feet) of drilling were completed across 10 drill holes. Drill core has been split and sent to ALS Minerals in North Vancouver, British Columbia for special carbide pulverizing disc preparation and ME-ICP06 whole rock analysis. The Summer 2018 drill program was designed to define an initial N.I. 43-101 resource estimate. Additional drill work is planned at two of the Company’s nearby silicon properties with the goal of also defining a resource. Historic Exploration conducted by COMINCO during the 1980’s outlined a mineralized zone spanning approximately 400 meters consisting of high-purity silicon dioxide (SiO2).
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to announce it has retained the services of Capstone Headwaters LLC (“CSHW”) to provide investment banking and financial advisory services. Advancement of the Company’s lithium, magnesium and energy assets will remain in focus.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to announce it has commenced optimization of charging and oxygen fuel generation functions for its zinc air fuel cell battery as part of the mass production design phase.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to announce that 100% wholly-owned subsidiary ZincNyx Energy Solutions, Inc. (“ZincNyx”) has received notice of publication of its patent describing metal-air fuel cells under the Patent Cooperation Treaty (PCT/CA2016/051080). The patent application has entered the National Phase and numerous international jurisdictions are designated for filing. ZincNyx currently owns 20 United States patents covering metal air batteries and fuel cells. Key technical features of the referenced patent application include: