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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 Jan 04, 2023 8:14pm
164 Views
Post# 35203966

FIRST NATIONS - CLEAN ENERGY FUNDING

FIRST NATIONS - CLEAN ENERGY FUNDINGAll sorts of funding for First Nations -
https://www.gov.bc.ca/arr/economic/fncebf.html

EXAMPLE - PAGE 15
The Trust’s Energy Sustainability Grants Program funds alternative energy generation and energy efficiency upgrades/retrofitsto community purpose buildings.

Funding Available Up to 75% of eligible cash expenses for: - Energy Generation, Conservation and Efficiency: up to a maximum of $100,000 - Electric Vehicle Charging Station (level 2): up to a maximum of $4,000


  I couldn't help but think of....
  Designing a dual energy ( generator ) that runs on - hydrogen. 
- hydrogen gas for heating
- hydrogen gas that also produces electricity

  Similar to a Generac generator.


If B.C. hydro is being extra lean on thier energy, then....
Why not create new forms of energy that decouples from the GRID.
It would be similar to - bitcoin but applied to energy.
Each First Nation homes runs independently.

Similar idea to my former posts - 
Using a Mag Salt Wate Fuel - preloaded cylenders.
Simply load cylender and rely on a small charge battery to split the hydrogen from water using a
magnesium salt catalyst.

75% funding upto $100,000
is pretty impressive.

Supposing a conversion expenditure of, $20,000/home.
75% = $15,000
25% = $5,000 home owner or,  could be additional funding to draw from in other programs.

If Juniors must consult with First Nations
and in some cases offer revenue sharing.... then, such could be a great business.

WHY ?
Intital profits  from the equiptment and install.
Residual income from salt fuel cylender purchases.
with potential recoup of mag salts. ( renewables )

An idea that compounds....
beyond vehicles and accommodates dual home energy solutions.

HEATING
Small unit using mag salt cylenders producing hydrogen and stored in - large holding tank.
ELECTRICITY
Same small unit that produces hydrogen that runs generator.
to reduce overuse of generator ( hydrogne conversion to electricty ) a battery bank could be installed to limit run time on generator.


Cheers....

Check out the First Nations funding link above...
Lots of info and  programs.


Yet... the vehicle application is pretty sweet.
Give ev's a run for thier money.
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