Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that its joint venture partner, Power Metals Corp., has unveiled additional drill results for the main dyke at Case Lake, Cochrane, Ontario. Among the highlights, drill hole PWM-17-33 includes lithium grades up to 3.02 percent Li2O over 2.0 meters and 2.84 percent Li2O over 4.0 meters. Tantalum grades at PWM-17-33 are up to 554.0 ppm Ta over 2.0 meters. The main dyke is consistently 30-35 meters exposed on surface and in shallow drill holes. Per the update, drilling at the property’s newly discovered northeast dyke is expected to commence within a week. Grab sample assays from the surface sampling on the northeast dyke range from 6.04 percent to 7.14 percent Li2O, as noted in a December news release.
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About MGX Minerals
MGX Minerals is a diversified Canadian resource and technology company with interests in lithium, magnesium and silicon assets throughout North America. MGX currently owns 34% of PurLucid and has the exclusive right to acquire a 100% interest as well as owning the global rights to recently developed lithium and mineral extraction technologies co-operatively developed by PurLucid and MGX. Learn more at www.mgxminerals.com
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