Diversified mining company MGX Minerals, Inc. (OTC: MGXMF) this morning announced that it has received independent laboratory-testing results from the Saskatchewan Research Council (“SRC”) regarding its patent-pending “Method for Extraction of Lithium from Salt Brine” (U.S. Provisional Patent #62/419,011). The results from the SRC noted that MGX’s proprietary extraction process was successful in recovering up to 83.7% lithium and concentrating 461 ppm lithium from a 71 ppm representative sample of formation brine originating from the Sturgeon Lake oilfield. “The results of laboratory testing by SRC provide third-party validation of our proprietary design process and its ability to rapidly separate lithium and other valuable minerals from wastewater brine,” Jared Lazerson, president and CEO of MGX, stated in the news release. ““We have made many advancements since this original process design, but this validation is important and we will continue to rely on SRC for independent testing and improvements of both active and newly developed passive filtration technologies.”
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About MGX Minerals
MGX Minerals (OTC: MGXMF) is a diversified Canadian mining company engaged in the development of large-scale industrial mineral portfolios in western Canada and the United States. The Company operates lithium, magnesium and silicon projects throughout British Columbia and Alberta as well as petrolithium exploration in Utah. Learn more at www.mgxminerals.com.
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