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MGX Minerals Inc MGXMF

MGX Minerals Inc. is a Canada-based diversified resource and technology company with interests in advanced materials, metals, and energy technologies. The Company’s portfolios include Magnesium, Silicon, Lithium, Gold, and Silver. Its Magnesium projects include Driftwood Creek, Marysville, Red Mountain Group and Botts Lake. Its Silicon projects include Gibraltar, Koot and Wonah. Its Lithium projects include GC and Petrolithium. Its Gold projects include Heino, Tillicum and Fran. The Driftwood Creek project is located approximately 164 kilometers (km) north of Cranbrook, British Columbia (B.C.). The Marysville magnesite project is located approximately 12 km (7.7 miles) south of Kimberly, BC. The Red Mountain-Topaz-Cleland magnesite property is located approximately 50 km south of Golden. The Botts Lake magnesite property consists of claims approximately 50 km south of Golden, BC. The Gibraltar project is located approximately 95 kilometers northeast of Cranbrook, BC.


GREY:MGXMF - Post by User

Post by Wangotango67on Sep 16, 2022 12:15am
199 Views
Post# 34966090

THOUGHTS -

THOUGHTS -
Mt Nelson soil sample reconnaissance ... ( top secret ) lol
https://apps.nrs.gov.bc.ca/aris-redirect.htmlArisReports/06109.PDF

Isn't that fun ?
I've come across several - dud links - on Mt Nelson
This would've been an interesting report to read.


On the Rocky Mountain side ( windemere + brisco + radium )
There's dolo deposits with - zinc.

Westerly of Nelson,  towards next corridor - on rim - it's reknown for, zinc, xopper, lead, silve.r
They label this the - arc - few hundred km long.

Southerly of Nelson, you have the infamous - Sullivan mine - largest ever for zinc.
On direct strike with - Driftwood.

Essentially, Driftwood is surrounded by, zinc, lead, copper, silver, gold, zinc, moly., magnesite.

Aside of Driftwood, Paradise mine - zinc, lead, gold, silver, copper,
Few km's away, southerly, Mineral King - zinc, xopper, gold, silver,

CHIEF GEOLOGY IN WHICH ZINC IS PRESENT - ON A WHOLE  ?
Sulphides.
Dolomites.

MGX - avoidedthe dolomites.
Aimed for a high grade magnesite.
And why not.

BUT... the dolos could very well harbor the zincs.

ZINC- has nuerous colors - ( based on other zinc findings )
Black
Grey
Blue
Purple
Pink
Red
Brown
Orange
Yellow

Some ores were not assayed.
Some assayed not revealed.
Only high grade Magnesite selectively chosen - discarded other ( cores )
Dolomites were avoided
Calcium and impurities extracted before assaying ( one report ) the other, says opposite.
Calcium is akin to the dolomites and most where a zinc would reside.
Pilot plant purchase was formerly used for, lead zinc flotation. ( maybe nothing )
Bulk sample - calcium and impurities taken out.
Several lithologies at Mt Nelson. ( only magnesite was focused on )
Driftwood has ores have - pink, purple, brown, yellow, orange.  
Junior was into zinc air battery - where would they get the zinc ?
Further research - Fran Gold - has some zinc.... but not enough to accommodate - batteries.
Oh.... by the way.... check Inzanna lake - that's where the gold is. ( my own guess ) gold trap.


There is nothing else i can find -
Severa lreports scrubbed from internet.
Kaiser report - is one of them.
Same goes for, Torch resources.

I came across one pdf that spoke on, Kaiser bulk sampling.
By, Peter Klewchuch - i beleive he was one of the original owners of Driftwood creek.
Nothing really in this report that stood out.
Lot's of, repeat words carried over from one report to another.

PAGES 1 - 18 -
Page - 17 is the assay chart - no zinc assayed -
Take note of -  geoscience - seems they're growing - teamed or partnered with ministry of mines.
Could be a shift happening in - exploration -
spidey sense says... geoscience could be a Gov't company...?
i see their name popping up lots -  and they're on the hunt for - zinc, silver, lead, gold,
on west side of Nelson... few hundred km stretch.

Page 17 - assay - Driftwood -
https://cmscontent.nrs.gov.bc.ca/geoscience/PropertyFile/PAP/2001/2001-28.pdf

What stood out ?
Nb

10 ppm = 10g per.tonne.
8,000,000 tonne deposit
= 80,000,000 grams
~ 454g = 1 kg 
=176,211 kg  ( if consistent through entire ore body of drifteood )
x $45 / kg ( Nb )
= $7,929,475 usd


What's the problem with this - Nb - mineral showing in Driftwood ?
They only selectively chose magnesite -
Not hte dolomites.
Dolomites had more of hte irons, impurities, and... the massive quartzite lense.

Yet.. another ( can i say it )  ffffff up.

Makes one want ot know.... what the dolo's or quartzite would show with - Nb.
Remember.... select cores were axed, and bulk samples had calcium and impurities removed
prior to assaying.

A 100 ppm Nb - would place the value @ $700 million usd.


This is why i say....
All new assays on Driftwood are needed.
The dolos have more impurities...
But these irons are where the - Nb- would reside.
Not quite potnetially - scrap ores now is it....

The assay charts did show other higher Nb values...
27 ppm, 29 ppm, 13 ppm, 14 ppm.

These rock ore samples recieve -
lithium boron fusion - fire assayed.
Wonder if this is the correct assaying for - REE's ?

MGX - Frenchman Cap -
is recieving quite a different type of - assaying for REE's.
.
Yttrium - is also present.
10 ppm

I checked the spot price for this mineral...
$3,982 per kg / usd

I'm not polished on REE's - that's well beyond the richness of, Nb.
WOW....


So...we know there's ..... magnesite and calcium on driftwood.
What we don't know is... if there's zinc ?

And we now know.... there's REE'S.
Interesting.


I did come across an old MGX  report - 2017 - 2018 - stating they recieve a 20 mine license
for Driftwood- but the link is broken.
In th B.C. minera ldata base for yearly exploration - 2018 - it mentions they still have this.
Now... the way certain branches are acting ?
And especially with critical metals.
And how permit offices are....
Hello.

Hence... if INVESTORS HAD ANY SENSE....
We'd be pushing for these projects ot come online...
Instead of allowing the gridlocks to control the projects and stock prices.
Takes just a few yerars.. .and things could change.
Designate it park lands or.... we need the crtiticla minerals - essential for country.

What we need is....
A geologist or junior that will do proper tests.
And... a recalculation of all mineral.s
And... a very smart salesman to sell it.
Otherwise... with juniors bottomed out at these price points.
They're one PP away from another owning major share and vote control.


Cheers.....

Done all i can on this subject.
We shareholders need far more answers.


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