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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 May 31, 2024 12:37pm
158 Views
Post# 36066510

DRIFTWOOD - Jan 11 2016

DRIFTWOOD - Jan 11 2016A mining lease is a longer term and more secure form of tenure than a mineral claim.
Mining leases permit
full exploitation of the resource

Link
https://www.lawsonlundell.com/media/news/496_The%20International%20Comparative%20Legal%20Guide%20to%2
0Mining%20Law%202016.pdf


MGX  January 11, 2016

Driftwood Creek magnesium project approved

MGX Minerals, Inc., a diversified Canadian mining company, announced today that the Mining Lease application for its Driftwood Creek magnesium project has been approved and granted by the Chief Gold Commissioner of the Province of British Columbia.


“This is a major milestone for the project,” said Jared Lazerson, President and CEO of MGX Minerals. “We would like to take this opportunity to express our appreciation for the support of everyone involved, at all levels of government, community and First Nations. I believe there is now reason for new optimism among the working men and women of the East Kootenay region.”

https://www.e-know.ca/news/driftwood-creek-magnesium-project-approved/



Driftwood specifically has outlined a, Magnesite deposit.
Outside of this high grade magnesite zone are - dolomites. quartz, etc...

There are such products as, dolomite countertops.
Dolomite is a cousin to, marble.
Dolomite is actually harder than, marble.
Granite, Marble, Dolomite countertops are prone to etching, staining.
Yet.... most home owners gravitate to these stones for asthetic looks.


Is there such a thing as.... Magnestite countertops ?
Yes.... Magnesite Quartz.

https://quartz-countertops.co.uk/product/magnesite/

Which brings to question....
Could one " engineer " a countertop using magnesite and quartz
using 1/8 mesh and compress using specific resins to manufacture Quartz Magnesite
countertops bypassing the quarry cut stone kind  ?

If doable... all quartz and all dolomite would come into play.
Less waste.  Quary mine, crush to 1/8 mesh, resin molds, matte, satin, gloss top finish.


An idea.

https://www.thenewswire.com/client_files/tnw7hdHfW_.png


BC Gold Commissioner did approve Driftwood in, 2016.
Interesting.



2018 ( simple MgO )

MGX Minerals' Driftwood Creek preliminary economic assessment puts pre-tax value at C$529.8mln

https://www.paidpromotionalmessages.co.uk/companies/news/195190/mgx-minerals-driftwood-creek-preliminary-economic-assessment-puts-pre-tax-value-at-c5298mln-195190.html


What would.... engineered quartz magnesite countertops command ?
I would think... far more $$$$ than cheap MgO.



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