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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 16, 2022 7:28pm
142 Views
Post# 35028058

THOUGHTS ...

THOUGHTS ...

Ninety-five percent of British Columbia, including Vancouver, is on unceded traditional First Nations territory. Unceded means that First Nations people never ceded or legally signed away their lands to the Crown or to Canada.


ARTICLE - MAP - 
https://opentextbc.ca/indigenizationfoundations/chapter/acknowledging-traditional-territories/


SOUTH EASTERN B.C. ( KTUNAXA FIRST NATION )
https://www.ktunaxa.org/wp-content/uploads/Traditional_Territory_Av2_02.png


All i could find on the latest treaties is this....
The Ktunaxa Kinbasket Treaty Council had their treaty negotiations process suspended on Thursday, Oct. 21. The council was initially created by and for citizens of the Ktunaxa Nation to negotiate a treaty with both the provincial and federal government.

https://www.thestar.com/news/canada/2021/11/04/ktunaxa-nation-treaty-negotiations-at-standstill.html

I see nothing on this subject for 2022.


So, what was it like back in 2008 ?
 

bc first nations mining action plan

 
BC First Nations Mineral Exploration and Mining Action Plan ... Indigenous Peoples – as the original and continuing stewards of the land


EXCERPT -
Funding and Support Q Work with governments and industry to develop partnerships to fund mining-related employment and business development opportunities for First Nations.

Q Support First Nations to pool resources and work at regional and local levels on economic opportunities related to mining.

Q Legislate a requirement for IBAs between companies and First Nations before the environmental review commences.

Q Legislate revenue and tax sharing with the Crown on all mining revenues. Q Require companies to direct award contracts to First Nations or in lieu of direct award contracts, fi nancial compensation is provided.

Q Work with other organizations to determine the feasibility of an equity fund for First Nations that seek to participate in proposed projects.

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

Pretty straight forward.
Sounds pretty fair.

________________________________________________________________________


So what's changed since - 2008 ?
Specifically, CMMP ( canadian mineral mining plan )
which came about in 2018, and launched in, 2019.

Former ways ?
Junior's and miners would deal direct with First Nations,
from what i can gather ( incredible amounts of info since then )
CMMP, along with, an insurgence ofnew treaties are being implemented.

Which is why i've asked...
Were mining practices and negotiations better prior to 2018 ?
And since then,   with new treaties and CMMP, how are the valuations for many of the
mining stocks ?

Question....
Are there any new " entities " in which to be apart of the, new future of mining ?
Could a few names such as, partners, stakeholders...etc,
Fall under this title ?

Once again... let's ask why...
Why are so many stocks under valued ?

Could it be...
the former " pie " was divisioned amongst a few....
And now, there are more of others than the pie can be divisioned into ?

SOLUTION ?
Junior did mention conferring with, First Nations...
Based on my own research, limited to what has been posted online, 
It appears the Ktunaxa peoples, have not yet - resolved a new treaty.
In some pdf's they want thier own, Government, Constitution.

Which could be an " opportunity " for any junior situated with in the boundaries of the Ktunaxa lands to negotiate their own terms applied to mining -

Why... ?
Any solidified terms agreed upon between miner, junior, explorer, with Ktunaxa, would have to carry over into any new treaties - if signed.

Thus, creating a package of ( inclusion ) explorer, miner, junior along with Ktunaxa.
And by default... junior, miner, explorer, is under the umbrella of Ktunaxa.

Benefits ?
Could any then....
Refuse electrical power to, Ktunaxa ?
Refuse mining/enviro  permits to Ktunaxa ?

PRE AGREEMENTS - 
could work as a vantage for, Ktunaxa, juniors, explorers, miners.


Cheers....

 

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