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.

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MGX Minerals Inc

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Post by maxwell.stakeon Oct 24, 2015 12:50pm

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Post# 24223676

MGX Plans to Enter Magnesium Market by 2016

North-America’s 3rd Magnesite Mine in 2016

A junior mining company on its way to enter the magnesium market in 2016 is MGX Minerals Inc., which plans to bring into production its Driftwood Creek Magnesite Deposit in south-eastern British Columbia (BC), Canada. The well-diversified company is engaged in the acquisition, exploration and development of industrial mineral deposits (primarily known magnesite deposits) in Western Canada that offer near-term production potential, minimal barriers to entry and low initial capital expenditures (CAPEX) to start generating regular cash-flows.

MGX Plans to Enter Magnesium Market by 2016

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