QualityStocksNewsBreaks – MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) Reports Start of Drill Program at Case Lake Property
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 commenced a 2,000-meter drill program on the Northeast Dyke at Case Lake, which is located east of Cochran, Ontario. Drill hole PWM-18-51, the first drill hole on the entire claim, is currently in progress and is collared five meters north of a spodumene pegmatite outcrop. Per the update, this shallow hole will drill beneath the location of the surface assay of 7.14 percent Li2O, as was further detailed in a previous news release.
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
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.