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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 > GC CLAIMS
View:
Post by Wangotango67 on May 09, 2023 5:34pm

GC CLAIMS

Maybe the Geo knows something ( bigger ) than meets the
eye - when speaking of, GC Claims.


I myself, have not researched too much about - RUBIDIUM.
Kind of new to my, mineral searches.

Which prompted -
searching out the price.
I expected - high prices but.... in tonnage value.

Too my surprize - its graded in - grams and ounces....
I raised my brow...lol

More pricier than, gold.

Recent spot prices for rubidium metal have ranged from
$36.00 per gram up to US$130.00 per gram
(US$1080 to US$3640 per ounce)
depending on purity


So, i researched photos online.


https://www.shutterstock.com/image-photo/volcanic-tuff-tenerife-isolated-on-260nw-188101706.jpg



https://www.shutterstock.com/image-photo/volcanic-tuff-tenerife-isolated-on-260nw-188101706.jpg


   I then pulled forward, GC Claim photos.
- noticed the pegmatite swarms.
- and surprizingly - 2 intrusion contact geology zones outside swarms.
- one grey
- one iron hosted with brown oxide and red oxide

I surmized,
if the iron is oxidizing brown, then.....
Could the apparent reds be - Rubidium ?

GC Claims have suddenly -  piqued my interest...
not because of of the lithium ( ugh ) but the REE potentials.


Now..... drill hole placements are important.
Especially with 2 contact zones.

If peg's are drilled - could host ( only a bleed ) of Rb.
My hunch says.... the higher grade Rb could be hosted in the
Irons.

TOP PHOTO - LEFT SIDE
Mega reds are jumping out the brown iron oxides.
Could it be hematite ?
Sure... but, given the presence of, REE's....
It could also be where the Rubidium is emminating from.
Source.


https://thenewswire.com/data/tnw/clients/img/0c75cf97e8f0da60b90627bdc15b6731_.png



Cheers.....
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