MondayApr 02, 2018 9:10 am

QualityStocksNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Details Proposed Case Lake Lithium JV Drill Program

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that its spring drill program at its Case Lake Lithium JV will commence in May. Per the update, spring and summer drilling will total 8,000 meters, followed by an additional 7,000 meters of planned drilling in the fall. To date, 8,400 meters of drilling have been completed at the Case Lake property. The proposed drill program will target new spodumene pegmatite dykes positioned between the Main Dyke and the South Dyke. These new dykes, discovered during final drilling of the Main Dyke in…

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ThursdayApr 13, 2017 11:19 am

MGX Minerals, Inc. (MGXMF) Continues Strong Start to the Year as Lithium Mining Booms

In the first few months of 2017, MGX Minerals, Inc. (OTC: MGXMF) announced a cheaper lithium extraction process (http://dtn.fm/5xqMc) that yielded 1600mg/L of lithium and also recovered potentially saleable by-products of magnesium, boron and potassium. The market for lithium-ion batteries is expected to grow in value to $46.21 billion annually within the next five years thanks to growing demand from electric car manufacturers such as Tesla, Nissan and BAIC Motor. Thanks to its unique characteristics, lithium provides the most energy per weight or volume, so batteries can be made smaller and more efficient. The demand is growing rapidly, and Deutsche…

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WednesdayApr 12, 2017 2:00 pm

MGX Minerals (MGXMF) is Turning Oil Brine into White Gold with Novel PetroLithium™ Technology

MGX Minerals, Inc. (OTC: MGXMF) (CSE: XMG) (FRA: 1MG) may not be spinning straw into gold the way Rumpelstiltskin did, but it’s coming close with a novel technology that promises to produce ‘white gold’, or lithium from petroleum production brine. Its PetroLithium™ technology extracts lithium carbonate from the salt water that accompanies crude oil as it is pumped to the surface. Lithium carbonate represents a major source of lithium used extensively in batteries for electronic devices, and demand for the mineral is set to expand as sales of electric cars increase. MGX has acquired working interests in over 1.7 million…

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FridayMar 31, 2017 9:23 am

MGX Minerals (MGXMF) Set to Disrupt Industry with New PetroLithium™ Technology

When Harvard professor Clayton Christensen coined the term ‘disruptive innovation’, he had in mind technologies like the one being developed by MGX Minerals, Inc. (OTC: MGXMF) (CSE: XMG) (FRA: 1MG). This innovative company is poised to ignite a revolution in the energy sector with technology that extracts lithium from oil and gas wells. Its PetroLithium™ methodology separates valuable minerals from the salt water that typically accompanies crude oil, offering a novel way to extract lithium, an essential ingredient in the batteries of our laptops, mobile phones, and other electronic devices and, increasingly, our cars. As MGX refines its technology, it…

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TuesdayMar 21, 2017 9:16 am

MGX Minerals, Inc. (MGXMF) is “One to Watch”

MGX Minerals (OTC: MGXMF), a diversified mining company based in Vancouver, holds asset portfolios in lithium, magnesium, and silicon in western Canada, with a stated focus on the development of industrial mineral portfolios in specific commodities and jurisdictions offering near-term production potential, minimal barriers to entry, and low initial capital expenditures. Targeting properties where large-scale development opportunities exist, they prefer to acquire regional control in mineral properties to enhance portfolio value, and engage industry experts to mitigate execution risk and improve time to market. Positive developments have made the company’s lithium operations a special point of interest. An important factor…

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