The Conversation (0)
MGX Minerals (CSE:XMG) has begun site evaluation and engineering studies at its proposed mill site located in Cranbrook, B.C.
MGX Minerals (CSE:XMG) has begun site evaluation and engineering studies at its proposed mill site located in Cranbrook, B.C.
As quoted in the press release:
Personnel from energy partner Eaton Industries (Canada) Corp. are expected to arrive on site shortly. Eaton personnel have also begun preliminary evaluation of the property and available services. Additionally, the company is in joint discussions with strategic partners Eaton and Highbury Energy Inc. as well as co-ordinating with the City of Cranbrook, in regard to existing infrastructure and potential service upgrades.
As reported in June, MGX has entered into a partnership with Industrial Furnace Company (IFCO) of Rochester, N.Y., to install and operate industrial-sized kilns at Driftwood Creek. The kilns are currently being evaluated to determine cost-effective energy options, including both natural gas and synthetic gas.
The company is also evaluating existing forestry equipment that remains on site, including a fully operational sawmill that produces finger-jointed lumbar. The specialized mill was originally installed in 2008 at a price of approximately $8-million.
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