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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 Feb 14, 2023 3:50pm
228 Views
Post# 35285979

CDN FED'S - $15 BILLION GROWTH FUND

CDN FED'S - $15 BILLION GROWTH FUND The federal government’s new $15-billion Canada Growth Fund is prepared to accept a lower return or increase its potential loss exposure in order to stimulate institutional investment in innovation and green projects with risky economic foundations, Ottawa announced Thursday as part of the fall economic update.

LINK -  
https://financialpost.com/news/economy/ottawa-canada-growth-fund


Pebble Beach project in Alaska, is USA.... needs roads and lots of eco resistnece.
Fortune Minerals, needs more roads and well, weak grades with arsensides.
Nickel Creek,  up in the Yukon, doesn't have the copper grades - has carbon, issues.
Lithium, there's far too many working the lithium card -  over staturated markets,,, and if the
hydrogen market ever entered into - ev markets - it would only reinforce the hydrogen markets with a double feature - two economies.... heat + ev. 


Driftwood,  much of the project is at surface - not like othe rdeposits that need ot remove mega waste ores...
.
Driftwood, might have - potential titanium secondary mineral.
Roads right to the project.  Bonus lumber from trees.

Close to B.C. and if the project was ever designed  to produce Hydrogen, using a steam reformation, it could provide a second life for the current oil industry - using same equipt - repurposing the equipt - it  would marry well with the current FED  Gov't - preference of, Hydrogen.

Might even fit into a renewable... providing proof of -  Mg oxide residues can be reused - simply add more water to make more hydrogen...   far better than, hydrocarbon nat gas reformation which involves methane with carbon.

If this new idea of.... steam Mg / Hydrogen reformation - splitting water using magnesium... crreating hydrogen... were scaled, 

it would be far better than splitting nat gas, which currently stresses the nat gas markets trying to produce hydrogen gas and nat gas... from original product thus... placing strain on the nat gas markets.trying to appease two markets of gas.

While on the flip - Introducing a new method of hydrogen production, with no carbon, simply using magnesium + water = steam - could be the right path for - green reneweables.


Oil industry has lots of - Steam Reformation Equipt in Alberta...
What a concept...  repurpose thier equip and introduce a - green hydrogen production using Mg.



Cheers....


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