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Press Releases


Press Releases

MGX Minerals Receives Bulk Sample Permit for Driftwood Creek Magnesium Project

VANCOUVER, BRITISH COLUMBIA / November 4, 2015 / MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG) is pleased to report the British Columbia Ministry of Energy and Mines has granted the Company a Bulk Sample Permit under Section 17(3) of the Mineral Tenure Act Regulation, which authorizes MGX to extract a 100 tonne sample of mineralized material from the Driftwood Creek magnesium project (“Driftwood Creek”).

The bulk sample will be mined, crushed and shipped to the laboratories of Industrial Furnace Company (“IFCO”) in Rochester, New York for pilot plant testing. MGX signed a Memorandum of Understanding (“MOU”) with IFCO in June (see press release dated June 4, 2015) to acquire calcining equipment specifically for Driftwood Creek.

Results of pilot plant testing will determine final specifications to optimize the design and construction parameters of industrial-sized kilns to process mineralized material from Driftwood Creek. MGX also plans to make representative samples of caustic calcined magnesia (CCM) and dead-burned magnesia (DBM) available to potential customers for further evaluation. MGX aims to provide a secure, long-term supply of magnesium oxide to the North American market.