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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 Sep 03, 2022 8:55pm
173 Views
Post# 34940467

DRIFTWOOD - PEA ***

DRIFTWOOD - PEA ***


PAGE - 38 -
Western Deposit is far larger than, Eastern.

PAGE - 39 - 40 -
Who has the - bagged ores - from Western zone of deposit ? *****
Western side is where most of the - purple ore color - was seen.
Processing plant - took the impurities out - calcium carbonate out - bye, bye, cobalt.
                                                                                                                       - if... cobalt was present. 


Tusk Exploration Ltd. (Tusk)
In late October and early November 2008, seven NQ diamond drill holes were completed from an area near the thickest part of the Western Magnesite, for a total of 692 m of diamond drilling. Core from this drilling was bagged and prepared for shipment to a lab, but was never submitted. This core was subsequently analyzed in 2012 by Torch River Resources (Torch River), who were considering an option on the property. Torch River decided not to proceed with the option. By 2013, the property was under agreement with Manto Gold Corp. (Manto), which filed a Notice of Work for 2014 diamond drilling.

In late 2013, MGX signed an arrangement with Manto and on July 7, 2014, the agreement was completed, making Manto a subsidiary. MGX conducted the diamond drill program, and followed up with a re-assay of the 2008 drill core. In 2015, MGX conducted another diamond drill campaign, and received permission to build a short access road.

The primary purpose of the road was to provide a secondary access route and shorten the haul distance for a proposed bulk sample. In 2016,

MGX drilled and blasted a bulk sample site at the East Zone and hauled approximately 100 tonnes of material to a laydown area for stockpiling, sorting, then hauled via highway truck
to a crusher in Invermere, BC.

Sixteen 25-L pails of sample materials (taken on a grid over the stockpile) were shipped to ALS Minerals (ALS) in North Vancouver for assaying and specific gravity (SG) analysis. A pilot plant was acquired, which is currently being shipped on six tractor-trailers from the Yukon to Invermere, BC. The pilot plant is a 50 t/d flotation plant previously used for concentrating lead-zinc-bearing material.

Once the plant is set up, the crushed bulk material will be processed to remove silica and calcium impurities and then re-assayed. Approximately 10 tonnes of the concentrate material will then be shipped to Industrial Furnace Co. of Rochester, NY, for calcining and kiln testing to produce CCM and DBM samples. Information gained from the testing will be used for kiln design.


WHAT'S THAT SAYING ?
If there is an error in proceedure from - get go - the error will continue all along.
Taking out the impurities along with calcium carbonates... may have also resulted in loss of a potential - cobalt credit.

Who has the bagged ores ?
Bagged ( core - ores )  in which Tusk Exploration assembled ?
WESTENR DEPOSIT ORES.


Why do i ask ?
Western Deposit - is the larger core body - and... is where all the purples were seen.
Not to dismiss/disregard - other lenses below grade that might harbor - puprle / pink colorations.


PEA REPORT - 
https://www.miningdataonline.com/reports/Driftwood_Creek_PEA_04162018.pdf

 

----------------------------------------------------------------------------------------------------------------------------
 

2015 - tech report

PAGE - 7 -
Surface rock chip sampling identified a 110 degree trending contact (dipping 72 degrees S), with a brown argillaceous dolomite (Hmn 2) to the north, and white to purple colour siliceous magnesite (Hmn lb) to the south.

The West Zone -  purple coloured siliceous magnesite bed forms a topographic high
(ridge crest) on the north portion of the West Zone, that includes DDH 15-7, 7 A and DDH 15-11, 11A (Fig 9).

The  purple  magnesite bed covers an area of 30 X 350 meters and appears to be a separate magnesite zone that is 20-100 meters north of the main

West Zone magnesite that covers an area of approximately 100-200 X 400 meters.

--------------------------------------------------------------------------------------------------------------------------------

Separate magnesite zone with - purple colorations.
Located 20 - 100 meters- north of  west  zone.
PURPLE Magnesite covers an area of - 30m x 350m


My wonderment is.... was this an outcrop ?
Did foliation cover more of this - purple ore body ?

350m is nothing to sneeze at -
can i hypothetically add a few more meters for it's shoulders ?
most deposits are wider than what is seen at surface.


350 m strike ( confirmed )
x 100m wide ( i added more )  
x 25m lense ( thickness below grade 0 assuming it's sedimentry style.
x 2.5 ore weight ( factoring for metric )
= 2,187,500 ore tonnes ( 2200 lbs )

Can i use a modest cobalt value of ( 0.005 % ) 1/2 percent ?

2,187,500 / t
x 0.005 % Co
= 10,937.5 tonnes
x 2200 ( pound conversion )
24,062,500 lbs
$24/ lb ( current spot prices )
= $577,500,000.00 usd
x 1.30 conversion
= $750,750,000.00 cdn ( again - hypothetical - to provoke a reason to test for cobalt )


What does the eastern hold in - purple and pink ?
When MGX acquired it - they worked over the eastern side.
Tech report said- when the magnesite ores was broke - it turned pink.


And of course - this intelligent report on the - cobalt's inability to leach out.
Which suggests - it gets left behind.


. Cobalt carbonates pose a serious metallurgical problem. Most carbonate ores are processed by solvent extraction using acid. Solubility calculations indicate that the Co in carbonates is less soluble than Mg, Fe, and Ca by 3 to 4 orders of magnitude. Thus, acid leaching will liberate all other ions from carbonate ores before releasing appreciable Co. Furthermore, many of the Mg-rich spherocobaltites in this study were initially misidentified as Co-rich dolomite, which is far more soluble than spherocobaltite. This may cause Co recoveries to be lower than predicted at many Central African Copperbelt mines.

Here's the link to the report - 

https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&cad=rja&uact=8&ved=2ahUKEwic66SGhfn5AhXEFzQIHRxcAfgQFnoECAIQAQ&url=https%3A%2F%2Fwww.geo.arizona.edu%2F~mdbarton%2FMDB_papers_pdf%2FBarton%255B14_CobaltCarbonates_CM.pdf&usg=AOvVaw3sNZ98oxXcs4pYSgi0NsHe
 

Was closing out windows-  came across the - pea report - took another glance at it -
Gald i did - catching the removal of the - carbonates before - assaying.
Boom chuka lucka - please do test the Tusk core ores  - western zone - in bags.
Re assay the eastern zone ores - with calcium in .

Thanks.


Cheers....

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