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Press Releases


Press Releases

MGX Minerals Commences Phase Two Drilling at Driftwood Creek Magnesium Project

VANCOUVER, BRITISH COLUMBIA / August 31, 2015 / MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG) announces that phase two diamond drilling at its flagship Driftwood Creek magnesium project (“Driftwood”) commenced on August 30, 2015. Initial progress reports 165 feet completed on day one in drillhole 15-01 while drilling continues.

An eight-hole program consisting of approximately 1,000 meters of drilling is planned to further prove up the continuity of grades and thicknesses of magnesite mineralization within the Western Zone at Driftwood Creek. Infill drilling will occur around seven drill holes completed in 2008 by Tusk Exploration (see Figure 1). Drill site locations were selected based on geologic mapping and geochemical sampling work completed by MGX as well as re-assay results of historic drill core.

MGX’s Qualified Person Mr. Andris Kikauka will perform all core logging and sampling, which will be followed by sample preparation and analysis at ALS laboratories. Mr. Kikauka will also conduct sample chain-of-custody from drill hole to assay lab.

Figure 1. Proposed Phase II 2015 Diamond Drilling:
driftwood 2015 phase2 drilling