MGX Minerals Inc (MGXMF)

[NetworkNewsWire]

MGXMF Announces Drill Hole Assays for Case Lake

Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning reported that its joint venture partner, Power Metals Corp., has announced drill hole assays for lithium (Li) and tantalum (Ta) mineralized intervals for the main dyke at Case Lake. Significant intervals for the main dyke include PWM-17-35, which boasted 1.17 percent Li2O and 165.34 ppm Ta over eight meters, and PWM-17-40, with 2.07 percent Li2O and 213.96 ppm Ta over 18 meters. Additionally, Power Metals announced drill hole assays for the two new spodumene pegmatite dykes that were discovered down hole of the main dyke near the end of the 2017 drill program. Assay highlights for the first new dyke include PWM-17-42, with 0.99 percent Li2O and 88.33 ppm Ta over three meters, and PWM-17-43, with 0.85 percent Li2O and 94.10 ppm Ta over 1.15 meters. Additional drill holes intersecting this dyke will be required in the future.

To view the full press release, visit http://nnw.fm/oN2Ez

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