• LAST TRADES: XMG:C$1.09
  • MGXMF:US$0.85
  • 1MG:0.74
German Translator      
 
News

Press Releases

GET EMAIL UPDATES

Press Releases

MGX Receives Drill Permit for Driftwood Creek

VANCOUVER, BRITISH COLUMBIA - August 12, 2014 - MGX Minerals Inc., ("MGX") is pleased to announce that it has received a permit to drill from the Ministry of Energy and Mines of the Province of British Columbia for its Driftwood Creek Magnesite Property. The property is located in SW British Columbia, 38km NW of Brisco, BC and is known to host magnesite mineralization. MGX has begun mobilization for the purpose of drilling approximately 1200m total in 10 holes as recommended and described in the NI 43-101 compliant property report, dated July 22, 2014. The purpose of the drill program is to provide sufficient data for a NI 43-101 compliant resource estimate on the East Zone at Driftwood.