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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 Oct 14, 2022 11:28pm
993 Views
Post# 35026309

CORRECTION -

CORRECTION - I decided to check out Cleland Lkae area, since there was a press release at one time, stating MGX  had picked up afew more magnesite deposits near, Driftwood.

I open up Mindat, locate the Cleland Lake area, and i the map also showed Driftwood Magnesite deposit.  But at same time - i notice the Giant mine is few km away.

I said.. what the... ?
They're in different locations... grr....!

Here's the - MinDat - link.  ( so embarrassed )  ugh...
https://www.mindat.org/feature-6186103.html

What threw me off was...
the road leading to Giant mine top end, looks similar to Driftwoods road with a pointed  peak.
So... yes, i'm 100% wrong.
Ugh.


THIS IS DRIFTWOOD -
Satellite image matches Driftwoods terrain, with the arch curvature facing towards Brisco.
The one i mentioned sometime ago that appears - lifted up.

https://apis.mail.yahoo.com/ws/v3/mailboxes/@.id==VjN-5QiH52KGhJJafvgCjwmzVF72v8JvbmsrnIdTvAMeA9MSO1o-idfBnsll3s9AMp2LsVOAykft_OCWIB6Ledswcw/messages/@.id==AIcbqvpADdOhY0oiuwsneI6ZLNs/content/parts/@.id==2/thumbnail?appid=YMailNorrin

PHOTO -1
Distinguishing between Jubilee + Driftwood

PHOTO - 2
Helluva lot more purple / mauve in tills at Driftwood, than, Jubille.
I'm happy with this... !

PHOTO - 3
Open pit with machinery.
Has it been sitting there or, fresh - hard to say.
Can't zoom close enough.

SATELLITE MAP - for others to use as reference - you'll have to figure it out - find, Brisco in B..C.
and ....navigate using my images referrencing Jubilee then, shift south west to find Driftwood.

https://api.mapbox.com/styles/v1/mapbox/satellite-streets-v11.html?title=true&access_token=pk.eyJ1IjoibWFwYm94IiwiYSI6ImNpejY4NDg1bDA1cjYzM280NHJ5NzlvNDMifQ
.d6e-nNyBDtmQCVwVNivz7A#16.11/50.898152/-116.55178/12.6

Now...
Driftwood apparently has a mining lease permit. ( press release years ago )
I wonder if MGX  was calling upon Tembec years ago -  because of the trees ?
Remove before mining ?  Would make sense.

I don't recall the 2001 assay report by former owner ( geo ) testing for, Zinc.
But in the PEA  report and other geo report, it does mention rocks broken and finding pink purple colorations.

If i now tie in, Jubilee, and Silver Giant mine, and the shales and purple sequence.
Zinc is present in the purple shales and slate.

So.... if zinc is in a specific litho lense, and comes into contact with - calcium limes -
logic dictates - a sulphide would react to an alkai - turning a sulphide zincinto a zinc carbonate - creating a blush pink or purple ore.

KIND OF LIKE THIS -
https://c8.alamy.com/comp/CE8H2M/pink-smithsonite-from-sinaloa-mexico-zinc-carbonate-CE8H2M.jpg


  CONCERNS ?
- junior not mentioning Driftwood in last pres.
- junior working other cliams instead of Driftwood
- Cleland Lake area and Jab's show - PARK -  green zones.... not good.
- Lagging crerates oppportunity for others to turn mining zones into parks.

- Heino - has sphalerite - zinc-
- not ever mentioned or calculated using historical + current drilling.

i feel, there is no real voice for shareholders.
it's like one big - bide time - with no answers.

Governments have declared - magnesium + zinc = critical minerals.
and stock placed on halt - and Gov't not responding to junior as outlined in press.
Lots of new treaties with First Nations and Stakeholders is the new buzz word.
Many critical mineral stocks are not performing cept lithium, andeven then, some have not
responded at all to the spot price of lithium.
Nothnig to worry about eh ?

Understanding stakeholders and new treaties i feel is imperitive.

I'd hate to think... .certain stocks are placed on hold... or bottomed out, 
while shareholders sit wondering what's going on... and, someone higher up is organizing
all the criticlal mineral deposits - and i ask... have shareholders been included ?

Anyways....
My humble apologies - misinterpreting the location of Driftwood.
That's strike 2 for me. Got it wrong twice.
And.. i must admit and  correct it .
Which is what this post is all about.

Hey MGX..,  how about testing Driftwood's -purple showings for - zinc.
I see lots of tills that are purple - mega tills....


And while at it - test for  ree's,
since other juniors in B.C.  are finding ree's inthe dolomites.



Cheers....


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