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Bullboard - Stock Discussion Forum 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... see more

GREY:MGXMF - Post Discussion

MGX Minerals Inc > THOUGHTS - ( good ones )
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Post by Wangotango67 on Sep 28, 2022 12:38am

THOUGHTS - ( good ones )

My own thoughts - Driftwood Creek - 

DRIFTWOOD - PEA -
https://www.mgxminerals.com/_files/ugd/b0543a_3effc1909dcb44a78a001901ce9cd4cb.pdf


Page - 34 -
Zoom in, you'll be able to see that the eastern deposit dome did not fracture.
It remained intact, formed a - U - shaped dome.
As one moves north westerly, ocean sediment floor broke and stacked like books.
This is perhaps why Dr Popes stratigraphy lenses are outlined the way he proposed.

Now analyze the stacked sediments that make up the mountain.
One will see that each sediment layer is pretty wel lthe same.
Same ocean floor, same sequence, perhaps same geology but in a sandwich effect.
Hence - patchy magnesite ( moving north westerly ) deposits due to the sediment booking.
More consistent geology - spanning longer - on the eastern portion of range.


Page - 43 - Stratigraphy Lenses
Outlines where the Driftwood deposit is.
Red arrow,

Makes sense now... as to why the purple dolos and shale sequence is seen at surface.
It would be the - stacked booking - revelaing the purple colorations.
Which means - there would be several sections due to the sediment floor breaking and revealing it's inner lenses.

Suppose there were ree's in the oranges and purples, reds, blues, greens ?
it would mean they'd be at surface due to this uprighting of the sediment ocean floors.
Showings or deposits at each sediment  book - interval.


Notice where the Driftwood deposit is located on the strata columb.
Above the orange dolomites.

If the white markers that overlye the deposit are 70m thick....
Then... this would place the purple shales and purple dolomites well over - 200m thick.
And... one would have to mow through the purples to get at Driftwood.
Ahhhhhh.....good to note.

From my own researches other deposits and dolo colors -
Blacks, oranges,reds host - niobium, uranium.
Blues + purples host - flurospar, cobalts, zinc, niobium, yitrium, cesium,  and several other ree's.
Stromatolites host - niobium, flurospar, and many other ree's.

in some of MGX's dolos there upto - 10% iron in the dolos.
That would be the good stuff... if ree's were present.

And of course -
Mr Klechucks own assay report from - 2001 - revealed - ree's on Droftwood.
Quite important assay.


Back a few pages in the PEA  it mentions the stromatolites are locaed at the footwall of Driftwood deposit . This would place them under the deposit.
If under the magnesite - it would be in the - orange dolomites ( massive sequence )
But... other reports - state - they also appear in - dolos.
Suggesting, more than one appearence.


Why did i originally think - Mt Nelson ?
Page - 49 - lol
All the magnesite deposits in the Brisco and Driftwood Creek area are located within the upper half of the Mount Nelson Formation

All deposits are stratigraphically associated with red to purple dolomites, cherty dolomites, stromatolitic dolomites, dissolution breccias, and other rocks containing dolomite pseudomorphs after halite and lenticular gypsum crystals. Locally, stromatolitic textures are preserved, even within magnesite-bearing rocks. According to Simandl and Hancock (1992), most of the above features are indicative of the evaporitic depositional environment.

Yellow highlighted - quite important.
Stromatolites are even present in the - magnesite.
Such could point to - overlooked ree's.
But then again.... Mr Klechucks assay report - proves positive for - ree's.

This same yellow highlight would concur with Mr Klechucks 2001 assay report and his 2001 assay report concures with Kaisers bulk ore tests. Each link together.

What's so odd is....
D 9 that runs 1500+ meters has the stromatolites 50m wide no telling the depth.
As i pointed out in previous posts.
Od it is... it would mean the 50m width running 1500 meters long runs with the magnesite length of depoist.  Perhaps just a more perdominate revela at surface ?
Because above in PEA page 49 the stromatolites are even in the magnesites.

If in the dolomites, and magnesites... .i would say stromatolites are throughout.

Why point all this out ?
Ree's of course.

But also - the factthe the sediment bookings could be easier depoists targeting the potential ree's due to their upright booking. ASgain, refer to page - 34 -
Now envision mining these bookings - carving out the ree's ( if present ) at surface - going one to the next booking -capitalizing on easy - valued - ree's -

Could change hte dynamics of the - PEA - considerbly.


Now Allen.... you voicedyour opinion....
Saying that Drfitwood has already been evaluated.

My reply ?
Evaluated based on - DBM.
The lowest form and grade of magnesium.
lol

I've pointedout that - magnesium carbonate - keeping hte carbonate in -
Commnads - 2x - 3x - more.
Approx $1100 - $1500 cdn.

Knowing conversions and the chemistry of how to take out impurities and carbon and reintroducing the carbon back into the - Mg.... would be a wise path.

Throw in potential Ree's ?
Hello.


Cheers.....
Comment by sapporostan on Sep 28, 2022 8:59am
67- thank you for all your efforts- once management gets settled and we have a full disclosure officers who communicate with stockholders, you will be our point man to sift thru all these questions so that we all can determine what assets this Company really has-thanks again and keep it up
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