Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning released the results of a maiden Preliminary Economic Assessment (“PEA”) on its wholly-owned Driftwood Creek Magnesium Project in British Columbia, Canada. Among other highlights, the results include a pre-tax net present value (“NPV”) of C$529.8 million and a 24.5% … Continue reading “NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Releases Positive PEA Results for Driftwood Creek Magnesium Project”
Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that the company has decided to proceed with its partnership with Highbury Energy, Inc. The two companies intend to develop a detailed thermochemical gasification process to extract metals such as nickel, vanadium, cobalt, and hydrogen from petroleum coke … Continue reading “NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Proceeds with Highbury Energy Partnership; Posts Initial Vanadium Nickel Cobalt Assay Results”
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 completed a 3,000-meter diamond drill program on the Northeast Dyke at its Case Lake property near Cochrane, Ontario. Per the update, the drilling successfully intersected multiple coarse-grain pale green … Continue reading “NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Unveils Plans for Spring Drill Program at Case Lake”
Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that it has commenced joint brine testing with four Chilean mining companies at multiple salars in various stages of development located throughout Chile. Per the update, the purpose of this joint testing is to provide a basis for … Continue reading “NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Commences Joint Brine Testing in Chile”
Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that the adsorption rate of its lithium extraction nanofiltration process has been increased from 20mg/g (milligram of lithium per gram of adsorption reagent) to an optimized rate of 40mg/g. Per the update, this reflects a significant cost-cutting breakthrough, … Continue reading “NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Announces Refinement of Lithium Extraction Process”
Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that its wholly-owned subsidiary, ZincNyx Energy Solutions, Inc., has received notice of publication for its patent describing metal-air fuel cells under the Patent Cooperation Treaty. Per the update, the patent application has now entered the national phase, and … Continue reading “NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Subsidiary Receives Notice of Publication for Metal-Air Fuel Cell Patent”
Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that, as a result of its recently closed acquisition of ZincNyx Energy Solutions, Inc., the company now controls 20 metal air battery and fuel cell patents. In addition to providing a full list of these patents, the news … Continue reading “NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Details Newly-Acquired Metal Air Battery and Fuel Cell Patents”
Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that its operating partner has received approval from the State of Utah Division of Oil, Gas & Mining to conduct a 3D geophysical survey of the Blueberry Unit at its Paradox Basin petrolithium project. Per the update, the … Continue reading “NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Granted Approval for 3D Geophysical Survey of Blueberry Unit”
Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF), through wholly-owned subsidiary ZincNyx Energy Solutions, Inc., this morning announced its commencement of the development of a scaled-up 20kW mass storage system for use in utility-scale battery storage. Per the update, the 20kW/160kWh modules represent a 4x increase in both energy … Continue reading “NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Announces Development of Next Generation Energy Storage System”
Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that it is exercising its option to acquire an additional five percent ownership stake in engineering partner PurLucid Treatment Solutions. The PurLucid shares, purchased from existing shareholders, will be acquired in exchange for one million MGX shares. Following … Continue reading “NetworkNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Exercises Option to Expand Ownership Stake in PurLucid Treatment Solutions”
