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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 > ENGLAND - DRAXX - SALT FUESED PELLETS -
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Post by Wangotango67 on Jan 13, 2023 12:34pm

ENGLAND - DRAXX - SALT FUESED PELLETS -

No matter the commodity,
There will always be lots of hands in the cookie jar.
Each phase, each pass off, each party has to profit.


Aside of cost and efforts of actually finding an economical deposit, 
the 4 main hurdles a junior resource owner has involves, 

1 - keep stock float low
2 - find appropriate sector to assing the resource
3 - low cost extraction (full purification or partial concentrate )
4 - funding or, alternative measures that maintain profit

Last eve i watched a video on, burning magnesium salt.
Specifically, epson salt.
Which is made from - magnesium sulphate.


Our issue with the Driftwood is, 
Lab assaying is realtively weak when it comes to depicting what exact mineral constituents are
with in the ore.

One of the searches i performed last eve was,
" what is magnesite comprised of " ?
to my suprize, and supporting my hunch, the magnesite is a salt, and yes, sulphur is one of hte main cvomponents.

So.... how could one be lead astray, 
have only a few possible sectors in which to assign the end product ?

All because the  original work performed went directly to,
fire assaying to achieve a MgO grade.

So, instead of firing the ores to achieve a MgO purity and LOI, 
One could backtrack and begin anew.
And just maybe, the outcome would provide the right path and sector for end products while maintaining high economic values for many parties.

MAGNESITE
If a salt
If with sulphur content
If with iron content
if with calcium content
If with silica
If with aluminum content  ( etc )

Then... how could one arrive at the quickest path to profits for many parties ? 

Grind ores ( fine milled )
Pull silica

Leave all other mineral constiuents in.
The grade of the magnesite will have exponentially increased from 43% grade to a much higher grade minus the silica which might achieve 80% or beyond.

Far better economics when it comes to - transporting concentrates.
with in the same province.

Simple flotation - remove the silica.
Left with small percentage factions of -  aluminum, titanium, calcium, iron.

Where would one ship it too ?

Here is where ingenuity arrives on scene.

DRAXX the British company
that uses British Columian trees for it's( pellet fuel )  thermal electricla energy,
would combine the ( improved grade magnesite ) and infuse into the wood pellets.

A higher BTU would be achieved due to the burining of - salt based metals .

Here's a video -  showing how an epson salt burns.
one can fast forward the video to see how the - salt itself -  continues to burn far longer than 
what most would imagine - thus... provong magnesium salts would increase burn time and BTU.
Disregard the styrofoam plate and focus moreso on the SALTS.
far more heat prodiuced which equates to - more energy produced.
A win / win when it comes to converting thermal heat to electricity.

salt infused wood pellet.
would be ideal for - DRAXX.

https://www.youtube.com/watch?v=pp64Bsg3vAg


it would provide an easy path for the junior to quickly bring to market the resource.
No costly extraction equipt.
No carbon issues.
Simply dig, scoop, crush, mill, remove silica, and ship to pellet maker in B.C.

B.C.  wood pellet maker would have no issues with carbon either.
simple infuse the salt metal matrixinto the pellet formula.

WHERE ARE THE PROFITS ?
If the mag salts go up in flames ?

HERE'S WHERE IT GETS INTERESTING.
The junior bypassed the costly extractiion and refining equipt.
No expensive furnaces.
Very limited share dilution if only using a simple flotation to concentrate.

DRAXX
Has the furnace
Once the salt fused pellets are used for thermal prodcution of electricity
The magnesium oxide is still present with in the - ash waste.

Once in England,
they now have experienced a valued gain in - producing electricity
but also have the remnants of an magnesium oxide with in the ashes.

Key benefit ?
They have an magnesium oxide product that can see a further purified for all the more profits.
- pharma magnesium
- metal magnesium
- pyro magnesium
- fuel magnesium ( hydrogen production )

4 PHASE PROFITS 
-  Junior
- Pellet maker 
- Draxx electricity
- final magnesium oxide end product pulled from ashes .

This idea,
literally skips all the hurdles in B.C. leaping over the environmental and bypassing many of the
gridlocks encountered with breaking new ground on mineral projects.

Driftwood resources -
much of the resource is above grade, and evenstil, 40-50 down on a side of a mountain,
would hardly affect the environment.  In and out mining. Little disturbence.

Thing is... since the Kaiser days, the growth of trees have blossomed. 
Which could act as, a huge benefit for prelim profits with the indigenous as most papers
do suggest the involvement of the indigenous must be included in the lumber profits.
In this case... the trees or, limbs and barks could be used for the salt pellet making. 


An idea.
Could be a very good idea.
Lots of beneifts.
Bypasses lots of hoops and hurdles.
Allows many hands to profit.
.
Most importantly, provides an alternative path for junior to bypass costly equipt
England or Draxx profits 2 times over.
Electricity - better BTU = more energy
Magnesium salt turned to oxide ( Draxx already has the furnaces )
Tertiary end product - magnesium oxide = more profit. 


Cheers....

Was just researching magneium
how it helps with anticoagulants or antiplatelets - thrombosis
many are experiencing this adverse events - now adays.
magnesium is indeed a valued commodity.

Even prices out of China, are reporting magnesium carbonate upto $1800.

Draxx would have plently of carbon from wood buring.
Wouldn't be hard for them to convert the mag oxide into carbonate.


Cheers....
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