CONDENSED VERSION - Silicon
The Company announces advancement of its solar silicon feedstock project in the area of Canal Flats, British Columbia. Its initial proposal to the Federal Government has received no response from the Natural Resource Canada - Zero Emission Vehicle Infrastructure Program. Therefore, the Company is now focussed on Provincial and Indigenous support for its silicon mining operations. Processing
The processing of silica to silicon requires significant power, the Company continues to work with the Provincial Power Monopoly BC Hydro in this regard. BC Hydro has advised MGX that while major transmission lines flow through the area, these are primarily for export to the United States and there is little to no power available north of Kimberly, BC. MGX has contacted Teck and the regional authorities for advise on available land and finds it regrettable that MGX cannot acquire low cost hydro electricity due to the the focus of BC Hydro export focus, MGX is asking the Province and other parties to reconsider their provincial power strategy in favor of First Nation and the best interest of the jobs creation of the Kootenay region and that the Province and BC Hydro correct their ways, depriving the people of BC of jobs over profits.
Notice of Gold Commissioner
MGX advises shareholders that the Gold Commissioner of British Columbia (“GC”) has advised MGX that he intends to revoke the FMC license of MGX for failure to remediate open portals at Heino Gold, These portals have been open for some 30 years and been ignored. Nevertheless it has come to MGX and after repeated requests to the GC he has refused to advise David Ebby Premier of the Province in grave disregard for the interest of the citizen. Never the less MGX is prepared to litigate for the loss of its FMC and controls $10B in situ assets in BC. The GC has refused to advise the Premier of a potential $10B impending litigation. Therefore MGX has retained counsel consulted with the opposition party and will protect shareholder rights.
The Company had requested a half dozen conformity holes for the purpose of sale and offtake to Kinross Buckhorn Milll. Although 400 previous holes had been drilled and some 7000 tonnes bulk sample at over 0.5 oz per tonne Gold had been achieved MGX was denied basic drill permits and as above. It is accepted this will go to Supreme Court of Canada.
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what was not included ?
- driftwood
- more samples from dristwood to test for - ree's + other minerals
- zinc tally on heino - more host rock than veining - zinc is in the host rock
Appears MGX is being snubbed... ( understatement )
Lot's of needed minerals some - critical.
Litigation can take years... which works against shareholders...
New acts, laws, in mining - as per - critical metals - throw in emergncy acts,
and stakeholders - govt's, first nations - what does it spell ?
I would think addressing the value of....
driftwood with ( mag metal ) / hydrogen storage / fuels / duel cells / salt reactor
Along with, any crtiical minerals with in depoist at - driftwood would help all the more.
Valuing the silica in terms of, solor + areogel
Tallying the zinc values at Heino reinforces the value along with gold.
Aren't the First Nations making new treaties with, undrip ?
Is it advisable to consult with them ?
Not unless our claims fall outside the new treaty zones, whereas, no new treaties were inked.
How many other juniors are experiencing....
lag in assaying, or, permitting, or environmental ?
Arre their valuations bottomed out too ?
Should juniors be consulting with other juniors ?
What's the forcast of juniors if... all those delays continue ?
Better yet... what happens to investors monies vestedin the juniors with big in situ value ?
Are cdn juniors experiencing this stateside.. .such as in Nevada ? ( hmmm )
Why are there more and more ASX juniors exploring in Canada and usa ?
Can Canadians invest in those juniors that are building out projects in Canada ?
lol
How is the critical minerals act between usa + canada working ?
How desperate is the states for canadian minerals and energies ?
What does it mean exacting that goverments want critical minerals and how could the new bills pertaining to emergency acts affect juniors with sizable critical mineral resources ?
Why has canada placed mor emphasis on, hydrogen and inking contracts overseas in Europe and lessor emphasis on our own canadian critical minerals besides....
lithium and graphite, nickel ?
Why are foreigners in Europe reaping big contracts in canada ?
Are we still buying - chinese minerals ?
where is the support for our own junior explorers and miners ?
Stakeholders can be - billionaires or those who run the world already in businerss...
Big corporations.
Why are stakeholders teaming with some miners ?
It's like the metals market has been placed on hold, delays everyewhere...
bottomed out juniors literally begging to advance -
while asked to consult with - new monies in critical metals funding that leads right to where ?
Stakeholders and large funding organizations ?
Reads as.... holdback everything.... even permits, drag it out...
porvide a pigeon hole portal to - stakeholder funding.
Juniors must go thorugh ( figure of speach ) portal to advance.
Yet.. .what happens when a junior doesn't recieve a responce from the programs ?
lol
MGX should educate itself on, what's going on with new treaties.
I remember calling another junior - asked what;'s going on...
He had no clue about the new treaties, or critical minerals act...lol
This was in B.C.
That same junior is just realizing what's going on...lol....
MGX should find out if their first nation district has inked any new contracts with undrip.
Ifthey have.. .then, why even go that route...lol
Announcing each claim and it's resource size - attatch a value to each - is a good place to begin.
Then.. .address the delays, avoidences, and gridlock.
Which ultiamtely affectsthe stock + shareholders.
Time constraint ?
lol
Longer it drags.. .more new laws... along with critical minerals and infastructure which does involve mining and minerals ... Country doesn't have enough electrical power or energy ?
Ya better readup on the emergncy acts...
Play the litigation game could be walking right into - what they want - dragging it out...
Lots of.... things - are changing in this country...
Magnesium - critical mineral - ( energy storage + so much more )
Silicon - critical mineral
Zinc - critical mineral
How many other juniors with critical minerals experiencingsame issues ?
lol
Best policy... .junior simply says...
Here's the price for a package deal - this is what we want for a bundled critical minerals package.
They cut a check... Junior and shareholders walk away happy.
Gov't + Stakeholders + First Nations.... let them, work it out.
Like i said... longer it drags.. .will work against the junior and shareholders.
Ask one simple question....
how many explorers have recieved a mining permit - in B.C. - since 2019 ?
Or... is it an environmental / permitting poker - card game ?