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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 27, 2023 11:27pm
167 Views
Post# 35418454

GOLD - CLAIMS ( TILLY + FRAN )

GOLD - CLAIMS ( TILLY + FRAN ) SEDAR - TILLICUM -
MGX Minerals Inc.
Notes to the Condensed Interim Consolidated Financial Statements
For the Three and Nine Months Ended April 30, 2021 and 2020



On November 30, 2020 the Company issued 2,000,000 common shares fair valued at $110,000 pursuant to the Tillicum Agreement.
On January 7, 2021 the Company issued 500,000 common shares fair valued at $30,000 for the Tillicum data files

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

Here is MGX's interpretation of where - EAST RIDGE -  is located.

https://www.accesswire.com/users/newswire/images/588862/14e45f37-634a-489f-885a-602fae73df66.png

I think the east ridge zone is labelled - wrong location.
Based on historical maps - east ridge is oppsite side.

Proof ?
Here's a map from the orignal owners of claims.
Map is seen clearer in - pdf - link - below

Page - 1 -
 https://propertyfile.gov.bc.ca/reports/PF675494.pdf


https://live.staticflickr.com/65535/52852222426_1f98ea9af4_m.jpg


Now... .there are several names used on these claims.
I've come across -

- Heno Money Pit
- Heino Money zone
- Heino Mine


The money pit  - appears to be an etirely - new gold zone -
Not ever seen on - original maps - 

In my opinion there'e two proponents of gold at play.
Placer gold from watershed.
Proof is all the _ silts - such as Arie Flats or elsewhere
Lots of placer sands...

Secondly... original upheaval of indigenous landscape.
Upheaval broken rocks... seen inside of mine and outside.
Reconsolodated into - own formation.

Not factoring placer gold.
And if.... gold is present in veining which it is...
It could be an easy read -

There are a few patterns i see....
Each sediment sheet - tip thereof - has gold - image below.
Could be as simple as...
Sediment sheet - broke into several booking layers.
stacked aside of each other.
Gold is with in each - rib - or - booking
Gold gap Gold gap Gold gap

I've outlined the Tillicum with - yellow lines
portraying what could be a pattern of gold
up one side down the other - same sediment sheet
One to the next - same pattern.

All up Heino mine ridgeline
And... opposite side facing Burton

Same goes for...East Ridge
up one side down the other.

I figure Heino mIne  True East Rdige are...
TWINS.

kEEP IN MIND -
MGX's Eastridge is just above Heino
I have relocated Eastridge based on former explorers map.

As one can see...
The gold patterns on Heino + East Rdige
match the - sediment booking - 
Heavy zones of gold with gap and gold again...
= sediment booking gold.


https://live.staticflickr.com/65535/52852552873_beb3102f81_z.jpg


An opinion.
On Tillicum.

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

Ohhhhhhhhhhhhhhhhhh...... Fran Gold.
lol


I have never scoped out Fran.
Till this eve.
Sweet Jeezus.


It's in the ( g/d ) Milligan Mine area.
Don't ask...lol


Here's a map showing an approx location.

https://live.staticflickr.com/65535/52852666183_440df6ebe7_c.jpg


Now.... a stock this long on halt -
does affect the - holdings of a junior - which is not fair to investors.

Claims fee's need to be paid in order to - retain the properties.
I'd say... unfair - chess game.




Cheers....

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