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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 Apr 16, 2023 3:36pm
128 Views
Post# 35397500

HEINO + EASTRIDGE ( GOLD ZONES )

HEINO + EASTRIDGE ( GOLD ZONES )What i'mseeing is... 
Heino ( red zones ) runright into Eastridge zones.

Using the ( 200m ) distance on map
and supposing red zones are - high grade - zones
Yeah... it would appear at first glance - there's sizable
tonnages.

EXAMPLE TONNAGE -
200 m x 50m x 50m x 3.8 ore weight
= 1,400,000 tonnes

I was only looking for - 180,000 tones in last post

Those red zonations.,. appear to be
500 m from Heino to Eastridge
500m upper part of Eastridge
and well over 500m extension off the  - Y  - branch.

Basing all on...
the assumption - red zones = high grade.

The art here is...
having all the intel and delving into it....
carving out - 180,000 tonnes of hte best zones.
what if... upper Heino had this... near surface ?
Far easier ot pull the ores.

What if... 5 grams turned into 10/g per tonne ?
Only seeking 180,000 tonnes -
Building out a small project into a rich grade payday...
Is where it's at...

With the wild card of higher gold grades.
With - further testing of - molybdenum -
What if... the moly ( wulfenite ) was hiding in the lead ores ?

HYPOTHETICAL -
After a year of mining the gold... if successful....
One might expand the mining into - gold + moly ?

Start   small... grow big.
Again... there's so much used mining equipt on the market.
Crushers, Ball Mills,...etc,,,,,
500 tonnes per day = 178 cubic

If one digs into those 10m thick meta volcanics
where the high grade zones are...
doesn't take long to stack the tonnage

Figure out your gold zones 
Figure out hrte power
that's 70% of hte hurdle.
Prove these two - perhaps another would throw the financing
to spark the project up. Without the big claws...
please and thank you. ( tease )

Maybe - it would need a 3-5 yr gold mine model...
.Inorder to draw in a finacier...  they'd want a piece of the pie.




https://www.accesswire.com/users/newswire/images/590019/MGXimg1.jpg
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