Tag: MGX Minerals

MGX Minerals’ Joint Venture Partner Power Metals Drills 26.0 Metres of 1.94% Li2O and 323.75 ppm Ta at Case Lake Property

MotherlodeTV
CSE:XMG, MGX Minerals, lithium,

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 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: read more

MGX Minerals Processes High Magnesium Content Lithium Brine of 76,000mg/L Mg; Nears Completion of First Commercial Rapid Lithium Extraction System

MotherlodeTV
CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) 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 (<1 mg/L) from lithium brine bulk samples shipped from a U.S. site currently under evaluation. read more

MGX Minerals Intersects Broad Intervals of Spodumene Pegmatite Mineralization

Case Lake, Ontario Lithium Project
JayCurrie
CSE:XMG, MGX Minerals, lithium,
MGX Minerals Case Lake Lithium Project 1

VANCOUVER, BRITISH COLUMBIA / September 21, 2017 / 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. read more

MGX Minerals Warrants Begin Trading on CSE Under Symbol “XMG.WT.A”

JayCurrie
CSE:XMG, MGX Minerals, lithium,

VANCOUVER, BRITISH COLUMBIA / TheNewswire / September 5, 2017 – MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to announce that the common shares and warrants qualified by the Company’s final short form prospectus dated August 21, 2017 (“Prospectus”) commenced trading on the Canadian Securities Exchange (the “CSE”) 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 consideration upon the deemed exercise of 6,253,842 special warrants of MGX (“Special Warrants”) on August 30, 2017. The Special Warrants were issued in connection with the previously announced private placement offerings (the “Offerings”) which closed on May 12, 2017 and May 31, 2017. The Special Warrants were sold at a price of $0.90 per Special Warrant (the “Issue Price”), for aggregate gross proceeds of approximately $5.6 million. read more

MGX Minerals Announces Lithium, Magnesium, Silicon, and REE Project Updates

JayCurrie
CSE:XMG, MGX Minerals, lithium,

VANCOUVER, BRITISH COLUMBIA / TheNewswire / August 29, 2017 / MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to provide shareholders with a progress report on multiple fronts inclusive of lithium, magnesium, silicon, and newly acquired rare earth (REE) superalloy projects. read more