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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

Bullboard Posts
Comment by thebrownderekon Feb 01, 2017 1:31am
150 Views
Post# 25781543

RE:More number crunching and ideas...

RE:More number crunching and ideas... Wango,

I believe you're selling us short with this, as the tested values of Lithium are mg/L. This is not in Lithium Carbonate form; this is the concentration of all lithium that exists in solution. Thus, when you do your calculations, you have to consider molar mass to get true values, and lithium has a low molar mass, meaning it makes up a small percent of the chemical compound's molecular weight. Thus, you have to consider that for each kg of lithium carbonate, only 18.78% of that kg is actual lithium, meaning that you produce 5x as much carbonate. They stated only 40% recovery of lithium, but did not say what the mass of lithium carbonate was! Hence the ~5x multiplier, and much larger figure$

Cheers!
Bullboard Posts