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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 Apr 18, 2023 1:18pm
128 Views
Post# 35401005

JUNIOR MINERS / EXPLORERS

JUNIOR MINERS / EXPLORERSI've scanned numerous juniors overthe past few weeks...
It's a tough market this year.

Several juniors have not even begun their work programs.
Money is hard to come by ( financing ) pp's, etc...

Some juniors are letting go of projects...
Just ot put cash in the kitty.

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What do i think ?
I would say.... juniors would be smart to team together.
Otherwise, it could be a bleak year for many of them.

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I have touched topic on the Greenwood Mill, located
in Greenwood B.C. ( permitted mill )

Whose got claws into this ?
XIMEN

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I have noticed one of the members of Greenwood Mil,
is on the Ximen team.
Interesting.

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Greenwood is seeking - Senior financing -
Stock has tanked

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Ximen, is going through the final throws of - reclamation bond.
Final phase, to begin mining thier - surface gold.
Haven't develed into their financial status, but...
I have reviewed a few of their claims - broad strokes

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At first site...
Ximen appears to have collected a few - high grade -
placer depoists...

Their one claim, is on the same Cordillera as, Tillicum.
This claim ( ximens ) has the same ore geology as, Tillicum.
That's a good mix...

Why so ?
Blending ores at a mill... could be advantageous.

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Thing with ximen is...
they're depoists are strewn all over B.C.

High grade advatage... but
Limited tonnage.

There one depoist, has a measured 23,000 oz of gold.
With an iferred, that has not seen shoring up of, resource.
There's no real... long term outook.
I chalk thier plan as... get a permit, find a mill, and pull the
easy high grade gold... and hope for the best thereafter...

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Between,
Christopher Anderson ( Ximen )
Dr Ball ( Golden Dawn Minerals ( Greenwood Mill )

It could be summed as, two man band.
Aside of, typical directors or board members or, 3rd party
accountants...

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As for MGX... same situation.
Two man band.
Ceo, and Geo.

silica claims ( idifferent )
magnesium ( indifferent )

Tillicum ( perfect marriage if teamed with Ximen )
Sililar geology ( high grade gold, electrums, etc....)
Tillicum could provide some strength for added gold ounces
Especially when spekaing -  East Ridge - with a good 350k oz ) 
Inferred of course -

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Ech of these juniors have the high grade.
Each would compliment one another.
Teaming would only - strengthen each other -
Forming a solid - sp - in which to - assist sp -
Juniors need this more thn ever... so many are tanking.
I see it ias... if many juniors don't make this move...
It could result in... many juniors folding - in hte next year.

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Tillicum.... has really good signs of silver at - Silver Queen.
And... would marry lovely with, Ximens, silver claims.

Two juniors with, small teams.
Beefing up to a larger team - Consolodate assests.

Tillicum.... could offer up several contributions -
Grizzley
Heino
East Ridge
Silver Queen 
Zones above East Ridge
Arnold claims ( possibly )

I figure... past explorers didn't read Tillicum.
It's placer atop - with... sediment uplift mountains
which also - jiust happes ot have gold.

Even wolf claims aside of - silver queen on Tillicum...
Like.. .why were they named - wolf ?
Did they know about the - Molybdenum ?
Wulfentite ?
lol

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Here's Ximens claims map - 
Take a visual of where they're claims are...
Tillicum Mine is located -  north -  of, Kenville Mine.


https://www.accesswire.com/users/newswire/images/740433/image-1-2-3-4-5-6.png


If ever the idea transpired ?
There would be several positive outcomes.

- combined high grade gold depoists
- obviously more gold ounces
- more strength by - numbers
- permitted mill
- but - would each be compatible ?
- they would be if... they go in with the idea of,
-  keeping the junior space ongoing


Few ideas...
Something to chew on...
Maybe inspirational for the juniors.
Who knows.

Another though was... 
could the greenwood mill be relocated to Nelson ?
and still keep the permit license ? 
You know.. .centralize the Mill...
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