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

Press Releases

GET EMAIL UPDATES

Press Releases

MGX Minerals Mobilizes for 100 Tonne Bulk Sample at Driftwood Creek Magnesium Project

VANCOUVER, BRITISH COLUMBIA / November 19, 2015 / MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG) is pleased to report that mobilization is underway for the mining of a 100 tonne bulk sample at its flagship Driftwood Creek magnesium project (“Driftwood Creek”). The previously announced bulk sample program (see press release dated November 4, 2015) is expected to commence shortly. Equipment and field crews are scheduled to arrive on site at Driftwood Creek over the next few days, with commencement of the bulk sample program scheduled to begin next week, weather dependent.

The bulk sample is scheduled for transportation to the Industrial Furnace Company (“IFCO”) in Rochester, New York for pilot plant testing. Results of pilot plant testing will determine final specifications to optimize the design and construction parameters of industrial-sized kilns to process magnesite from Driftwood Creek. MGX plans to make multi-tonne samples of caustic calcined magnesia (CCM) and dead-burned magnesia (DBM) available for sale to customers.