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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 03, 2024 12:04am
145 Views
Post# 35966759

EXTRACTING MAGNESIUM ( OCEAN vs LAND )

EXTRACTING MAGNESIUM ( OCEAN vs LAND )   How much does mankind rely on the Ocean ?
- Food - seafoods. variety of fish, kelp etc... )
- Water -  ( desalination )
- Energy, - absorbtion of sun rays, solar, ions extraction

What happens to Oceans if Magnesium levels are low ?
- Calcium levels are affected ( Mg + Ca work together in balance )
- Overgrowth of algae increases ( red tide )
- Too much algea = horads oxygen, less for aquatic life
- Increase in microbes that thrive on algae / competition to fis, reefs, mamals

Affects on Animals / Mamals low Magnesium
magnesium deficiency
tremors, convulsions, muscle spasms, poor coordination, restlessness, being over-excitable or aggressive or, in some cases, you can also see bloating


TEXAS DOW and  OAKLAND CALIFORNIA
https://prospect.org/environment/2023-10-06-metal-from-seawater/


UTAH,
only state in USA that produces Magnesium from Salt Lake.
Utah, has seen it's share of issues, magnesium extraction from a
lake that's running low on, water.

Most likely why, USA wants to ramp up extracting Mg from oceans.


IS MINING THE OCEAN THE CORRECT PATH ?
Disturb aquatic reefs and animals, mamals or....
Versus inland hard rock deposits ?

I would think mining - inland Mg deposit would have less affect on, ecosystem.

ARE USA OCEAN'S ALREADY STRAINED ?

Why Have Thousands of Dead Fish Blanketed Texas’ Beaches?
https://www.fodors.com/world/north-america/usa/texas/experiences/news/thousands-of-dead-fish-washed-up-on-texas-gulf-shore-beaches

https://www.cbsnews.com/news/thousands-dead-fish-texas-gulf-coast-quintana-beach-oxygen/


FLORIDA
11 hours agoFish and wildlife officials in the Florida Keys have recorded hundreds of incidents of fish literally spinning themselves to death

Fish are spinning, thrashing themselves to death in Florida
— and nobody knows why

https://thehill.com/changing-america/sustainability/environment/4569681-fish-are-spinning-thrashing-themselves-to-death-in-florida-and-nobody-knows-why/

Florida Red Tide ( inbalance of Mg + Ca ? )
https://coastalscience.noaa.gov/project/seasonal-forecasting-of-karenia-brevis-red-tide-blooms-in-the-eastern-gulf-of-mexico/

https://cdn.coastalscience.noaa.gov/csmedia/2018/04/Weisberg-Fig.-1.png



In the Texas article
They outline how the steel industry is far larger yet, they need Magnesium
metals due to their ( light durable attributes - ideal for EV's being a lighter metal
less load weight on EV's = longer battery life, more miles per charge.

And of course there's the fastest growing industry of,
VTOL's ( vertical take off and landing vehicles.
Magnesium and Aluminum are the preferred.


https://www.youtube.com/watch?v=giZeEEdzQwM



Mine the Ocean's - already under duress ?
Mine inland - hole in ground becomes lake which aides ecosystems ?


Driftwood is ideal...
High grade, 43% with calcium and Rubidium.
Who knows what else Driftwood hosts - all those other colors in
straigrahy lenses = minerals.  Junior back in the day was too focused
on finding high grade Mg zones wile dismissing other minerals thhat sould've
seen the full spectrum of, assaying.

Shareholders sit. wait,
Monines trapped in market with stock on an extended halt.
Make sense ?
Not at all.




Cheers....





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