MGX Minerals Completes Phase II Drilling at Driftwood Creek Magnesium Project

MGX Minerals (CSE:XMG) announced it has completed phase II drilling at its flagship Driftwood Creek magnesium project
As quoted in the press release:

In total, 12 diamond drill holes were completed totaling 1,100 meters. Core has been shipped to ALS Minerals (“ALS”) in North Vancouver, British Columbia for whole-rock analysis. Initial results from drill holes 1-4 we released on October 5th (see press release dated October 5, 2015). Assay results from the remaining eight drill holes expected shortly.
The Phase II drill program was designed to confirm the vertical and lateral continuity of magnesite mineralization within the Western Zone at Driftwood Creek as well as assist with resource modelling and pit design. To date the Western Zone has been delineated across 0.5 kilometers and remain open along strike (E-W) and at depth.
2015 Diamond Drill Holes are reported below:

DDH     Easting (NAD 83)Northing (NAD 83)Elevation (m)AzimuthDipDepth (m)Comments           Depth (ft)
2015-1  530453          5639476          1393         205    65 121.92   West of 2008-2     400
2015-2  530541          5639457          1395         205    53 91.44    East of 2008-2     300
2015-3  530560          5639436          1390         205    50 76.2     East of 2008-2     215
2015-4  530366          5639535          1386         205    53 128.08   West of 2008-2     420
2015-5  530308          5639561          1378         205    53 125.88   West Extension     413
2015-6  530393          5639619          1374         205    50 114.3    West of 2008-1     375
2015-7  530473          5639619          1394         205    53 44.2     North Extension    145
2015-7A 530473          5639619          1394         25     60 18.29    North Extension    60
2015-8  530356          5639658          1378         205    50 108.2    Northwest Extension355
2015-9  530683          5639463          1364         205    50 79.86    East Extension     262
2015-10 530725          5639440          1385         215    50 43.28    East Extension     142
2015-11 530600          5639579          1380         205    53 16.76    North Extension    70
2015-11A530600          5639579          1380         25     60 21.34    North Extension    55
2015-12 530308          5639574          1374         25     50 112.78   Northwest Extension370
                                                                1102.53                     3,582

Drill results from Phase I and II drilling will be added to previous drill core analysis and compiled to establish a maiden National Instrument (N.I.) 43-101 compliant mineral resource estimate for the Eastern and Western zones. Independent technical consultant and National Instrument (N.I.) 43-101 Qualified Person Norman Tribe (P. Eng.) has been on site and is preparing to conduct the resource estimate for Driftwood Creek.

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