VANCOUVER, BRITISH COLUMBIA / June 1, 2017 / MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to report the maiden shipment of lithium chloride 30% concentrate to the Company's lithium compound upgrader. The samples will be analyzed for upgrading to 99% lithium carbonate and suitability for direct to lithium hydroxide upgrading. MGX is currently in discussions regarding global tolling and upgrading of lithium chloride feedstock.
MGX is currently manufacturing small commercial plants of 750 BWPD for the rapid lithium extraction of lithium and other valuable minerals from brine. This cleantech process separates minerals, heavy metals and hydrocarbons from wastewater brine pumped to the surface during traditional oil and gas operations. In April, the Company received third party verification of its rapid lithium extraction process from the Saskatchewan Resources Council (see press release dated April 20, 2017).
The technical portions of this press release were prepared and reviewed by Andris Kikauka (P. Geo.), Vice President of Exploration for MGX Minerals. Mr. Kikauka is a non-independent Qualified Person within the meaning of National Instrument (N.I.) 43-101 Standards.