Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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... see more

GREY:MGXMF - Post Discussion

MGX Minerals Inc > GUESS WHAT I FOUND -
View:
Post by Wangotango67 on Apr 17, 2023 5:16am

GUESS WHAT I FOUND -

Here is MGX's last press on - Tillicum.
They did'nt have the -  Silver Queen intel - to report on,
They didn't know how much drilling or the intel -

MGX PRESS -
https://stockhouse.com/news/press-releases/2021/02/10/mgx-minerals-announces-exploration-results-up-to-75-ounces-per-tonne-silver-at


I FOUND THE 1984 - MISSING REPORT -
Extremely important...!  ( so happy i found it )

But first.... i want to express,
Molybdenum is also known to run in Quartz monzonite.
I forgot to mention...in previous post - 
Tillicum does have quartz monzanite.

i know i have strsssed,  pyrite + lead association to, Moly.
But... quartz monzanite is just as important...
It's mentioned in the - missing files -


Heino Gold - is actually seen on the map in this file...
It's actually lower, closer to Grizzly and Silver Queen.

Heino has the Diorites and Quartz Monzanite.
Molbdenum = Quartz Monzanite.

Something to notate and reference with - petrographic study.
Mystery Mineral - A - runs along side - QUARTZ.
Boom.

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

1984  DRILLING WORK PROGRAM - FILE
IT'S A KEEPER.

E x p e n d i t u r e s  f o r  t h e  1 9 8 4 
e x p l o r a t i o n  p r o g r a m  t h r o u g h 
S e p t e m b e r  3 0 , 1 9 8 4  o n  t h e  T i l l i c u m  G o l d


W o r k  u n d e r t a k e n  i n  1 9 8 4  i n c l u d e d :
( 1 ) t o t a l  o f  5 , 2 2 2  f e e t  o f  d i a m o n d  d r i l l i n g
i n  18 h o l e s ,

o f  w h i c h
12  h o l e s ,  t o t a l l i n g  3 , 7 5 2  f e e t  w e r e  i n  t h e 
S i l v e r  Q u e e n  Z o n e , 

w i t h 1 0 6 0 f e e t  i n  4 h o l es  o n  t h e  E a s t  R i d g e  Z o n e
a n d  2  h o l e s  t o t a l l i n g   4 1 0 f e e t    o n  t h e  J e n n y  Z o n e .


( 2 ) A  2 6 0  f o o t  u n d e r g r o u n d  d r i f t  a l o n g  t h e
       H e i n o - M o n e y Z o n e


( 3 ) C o n s t r u c t i o n of  - 3 - 6 km  o f  a c c e s s  r o a d s  t o  t h e
       
S i l v e r  Q u e e n  a n d A r n i e  F l a t s  Z o n e s .


( 4 ) B a c k h o e  t r e n c h i n g  o n  t h e  A r n i e  F l a t s ,
       S i l v e r  Q u e e n  a n d  S o u t h  T i 1 1 i c u m   Z o n e s .



HEINO ZONE -  ( i'm not separating the fonts this time ) lol
H e i n o - M o n e y Z o n e
G o l d  m i n e r a l i z a t i o n  i n  t h e  H e i n o - M o n e y z o n e
i s  s t r a t a b o u n d  t o  w e d g e - s h a p e d  p a c k a g e
o f  m e t a  s e d i m e n t a r y  r o c k s  l y i n g  b e t w e e n 
d i o r i t e  p o r p h y r y   a n d  m e t a - a n d e s i t e 
( P l a t e 2 , 3 a n d 4 ) .

E x t e n s i v e  d r i 1 1 i n g  a n d  t r e n c h i n g  t o  t h e  e n d  o f
1 9 8 3  h a d  o u t l i n e d  a  n o r t h  w e s t e r l y - t r e n d i n g ,
t a b u l a r - s h a p e d  g o l d  d e p o s i t ,  m e a s u r i n g 
6 5 0 f e e t ( 2 0 0 m) i n l e n g t h ,   1 5 0 f e e t  ( 4 6 m)  i n  w i d t h 
w i t h  d r i I 1 - i n d i c a t e d  r e s e r v e s   o f  4 0 , 0 0 0   t o n s g r a d i n g
0 . 6 o z / t o n g o l d ,  o f   w h i c h   a p p r o x i m a t e l y   7 , 0 0 0   t o n s
c o n t a i n i n g   1 0 , 0 0 0   o u n c e s  o f  g o l d  l i e   w i t h  i n 
3 0   f e e t  o f  s u r f a c e   a n d  c o u l d  b e  m i n e d  b y 
s u r f a c e  o p e n  c u t s



EAST RIDGE -appears it has some - inferred gold -

T h e  t o t a l p o s s i b l e  s t r i k e  l e n g t h  o f  t h e 
a u r i f e r o u s  z o n e  i s  a p p r o x i m a t e l y  3 0 0 0 f e e t
( 9 2 0 m ) .

T o  d a t e  t h e  z o n e  h a s  b e e n  t e s t e d  d o w n d i p 
f o r 2 0 0 f e e t (61 m)  a n d  r e m a i n s  o p e n .

I n  t h e z o n e , g o l d o c c u r s i n  r a n d o m l y  d i s t r i b u t e d 
h i g h e r - g r a d e ' p o c k e t s ' u p t o 2 . 8 5 o z / t o n  g o l d
o v e r 6 f e e t , s e p a r a t e d b y a r e a s o f l o w e r - g r a d e m a t e r i a l .

T h e  a v e r a g e  g o l d  g r a d e  o f  a l l  d r i l l  h o l e  i n t e r s e c t i o n s
i s  0 . 0 5 o z / t o n  o v e r  a  4 0 f t  a v e r a g e  w i d t h .

I n f e r r e d  p o t e n t i a l  f o r  t h e  z o n e
i s  i n e x c e s s  o f  5 m i l l i o n   t o n s   g r a d i n g   b e t w e e n
. 0 5 a n d . 0 7 o z / t o n g o l d .

I n  c o m p l e t e  a n a l y s e s  i n d i c a t e  t h e 
s i l v e r  c o n t e n t  o f  t h e  z o n e  t o  b e  i n  t h e
. 3 t o . 5 o z /  t o n  r a n g e .


--------------------------------------------------------------------------------------
.07 oz = 2 grams - 
5,000,000 TONS @ 2 GRAMS = 321,543 -  oz  ( historical )
---------------------------------------------------------------------------------------

The missing - 1984 - file.
An important one.

It's a great find.
Superb read.

Why would Patrick move away from this project ?
He was the Prez at the time... makes no sense.


Even the MGX  press - first link in post -
reveals -massive lead + zinc values -

Silver Queen trend, consisted of massive sphalerite-galena, and
returned assay values of

2,590 grams/tonne Ag (75.54 ounces/ton Ag),
11.05% Pb,
18.0% Zn.


Cheers....
Be the first to comment on this post
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities