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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 > HERE STAN
View:
Post by Wangotango67 on Aug 07, 2023 2:45pm

HERE STAN

Download these pdf's.


Historical records of, Driftwood Magnesite / Dolomite deposit
Page 1 - 18

Page 12 - historical resource
Kaiser Resources inferred 221500,000 tonnes of magnesite using a specific
gravity of 2.5 while Canoxy inferred a resource of 29,400,OOO tonnes (SG of 3.0).

For the Eastern Magnesite alone,
Kaiser inferred 3.7 million tonnes while Canoxy inferred 4.8
million tonnes.

These tonnage figures rely heavily on the actual depth extent of the magnesite
and very little specific data is available to establish that dimension..


Page 17 assays ( should've seen 50 element )
and ores outside the ( magnesite which include irons and cals, calcium )
are more prone to - other valued minerals.

Keep in mind - Braveheart - whom have since changed their name
documented cobalt with in the mine as purple bloom, 
Driftwood also has the argilites and Purcell supergroup
in orher regions does contain, cobalt - which begs, what's in the
purple argilites ( shales ) even at surface at Driftwoof, again,
former explorers even mgx, were too ultra focused on achieving a
high percentage grade magnesite.

The Dolomites at Driftwood, also contains magnesium.
Not the 43% grade, rather 20-30%%.
Evenstil, such adds up and is of greater % grade than other
juniors who do account for their magnesium.

Link -
https://cmscontent.nrs.gov.bc.ca/geoscience/PropertyFile/PAP/2001/2001-28.pdf


In one of MGX's press releases,
they said they'd drill to combine the east and west...
BUT... somehow, only 8 million tonnes were amassed.
Hmmmm.

In addition, if Carbon and Oxygen are kept intact, no co2 gas is
emitted. Thus, creating all the more weight and tonnage as an
end product - magnesium carbonate ehich is still, a pricy commodity.

Lots of colors in the dolos and orher stratifraphy, which does
beg one's interest to know what are the causatives.

Most often,
colorations  in ore are attributed to, other minerals - coreacting.
Think of iron = dolomites turn brown.
What would chsnge dolos to - yellow, orsnge, purple, reds, greens.
I have a pretty good idea - wink.

Note - BayMag,
does burn their co2 off magnesite.

BayMag report with photos
https://www.mdbighorn.ca/AgendaCenter/ViewFile/ArchivedMinutes/_12012021-565

Other important info on our other magnestite deposits
located south of, Driftwood.
https://www.researchgate.net/publication/237726763_GEOLOGY_OF_DOLOMITE-HOSTED_MAGNESITE_DEPOSITS_0T_THE_BRISCO_AND_DRIFTWOOD_CREEK_AREAS
_BRITISH_COLUMBIA



In closing...
With the brines gone and REN, and all the silica claims out the door,
it would be nice to see mgx redeem themselves and find a buyer for
Driftwood.



Comment by PipinoCuevas on Aug 07, 2023 5:20pm
This post has been removed in accordance with Community Policy
Comment by sapporostan on Aug 08, 2023 9:19am
Wango, thank you for carving out time from your daytime job watvhing countries blow up to get me this detailed information. i will now buy 100,000 shares as this looks like a cheap price down here
Comment by PipinoCuevas on Aug 08, 2023 3:31pm
This post has been removed in accordance with Community Policy
Comment by sapporostan on Aug 09, 2023 12:24pm
Thank you PC, we are so close. Just a few more years
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