• Connect with us
  • Information
    • About Us
    • Contact Us
    • Careers
    • Partnerships
    • Advertise With Us
    • Authors
    • Browse Topics
    • Events
    • Disclaimer
    • Privacy Policy
  • NORTH AMERICA EDITION
    Australia
    North America
    World
Login
Investing News NetworkYour trusted source for investing success
  • NORTH AMERICA EDITION
    North America
    Australia
    World
  • My INN
Videos
Companies
Press Releases
Private Placements
SUBSCRIBE
  • Reports & Guides
    • Market Outlook Reports
    • Investing Guides
  • Button
Resource
  • Precious Metals
  • Battery Metals
  • Base Metals
  • Energy
  • Critical Minerals
Tech
Life Science
Magnesium Market
Magnesium News
Magnesium Stocks
  • Magnesium Market
  • Magnesium News
  • Magnesium Stocks

MGX Minerals Completes Sampling at White Moon and Captain Properties

Pia Rivera
Jul. 17, 2015 07:59AM PST
Magnesium Investing

MGX Minerals Inc. (CSE:XMG) reported updates on the phase one exploration program at its White Moon magnesium project in San Bernardino County, California. At White Moon, 15 rock ship samples were collected from surface outcrops and have been sent to ALS Minerals in Vancouver, BC, for geochemical analysis. At the Captain magnesite prospect, geologic mapping has been conducted and three rock chip samples from outcrops were collected.

MGX Minerals Inc. (CSE:XMG) reported updates on the phase one exploration program at its White Moon magnesium project in San Bernardino County, California. At White Moon, 15 rock ship samples were collected from surface outcrops and have been sent to ALS Minerals in Vancouver, BC, for geochemical analysis. At the Captain magnesite prospect, geologic mapping has been conducted and three rock chip samples from outcrops were collected.
The White Moon land package was acquired in June 2015 and consists of patented and unpatented BLM claims. MGX management has commenced an internal study to evaluate the various logistical and engineering requirements of a proposed plant.
As quoted in the press release:

White Moon Rock Chip Sampling and Geologic Mapping
A total of 15 rock chip samples were collected from surface outcrops occurring throughout the Property. Rock sample interval lengths ranged from 0.5 to 3 meters. The samples will be sent to ALS Minerals (“ALS”) in North Vancouver, British Columbia for ME-XRF-26 whole rock geochemical analysis. The Company has also completed geologic mapping at White Moon. Mapping coverage occurred across an area of approximately seven hectares and focused on outcrops occurring along the northwest-trending sedimentary bed unit where magnesite mineralization was identified in historic exploration work documented by the United States Geological Survey (USGS) (see DMG Open-File Report 85-18).
Captain Magnesite Prospect
MGX has also conducted limited exploration of the Captain magnesite prospect (“Captain”), which is located approximately three miles south of White Moon on adjacent BLM unpatented claims. Magnesite mineralization at Captain is exposed along two closely-spaced parallel bands that outcrop over a length of approximately 15 meters. Two small pits exist where magnesite ore was mined and stockpiled on site during the 1940’s. Geologic mapping at Captain was conducted over a two hectare area and three rock chip samples from outcrops were collected over 1 to 1.5 meter intervals.

Click here for the full MGX Minerals Inc. (CSE:XMG) press release.
Click here for the MGX Minerals Inc. (CSE:XMG) profile.

The Conversation (0)

Go Deeper

AI Powered
Saga Metals (TSXV:SAGA)

Saga Metals

FORTUNE BAY ANNOUNCES PROSPECTING RESULTS FROM MURMAC URANIUM PROJECT

FORTUNE BAY ANNOUNCES PROSPECTING RESULTS FROM MURMAC URANIUM PROJECT

Latest News

Outlook Reports

Resource
  • Precious Metals
    • Gold
    • Silver
  • Battery Metals
    • Lithium
    • Cobalt
    • Graphite
    • Electric Vehicles
  • Agriculture
  • Base Metals
    • Copper
    • Nickel
    • Zinc
  • Critical Metals
    • Rare Earths
  • Energy
    • Uranium
    • Oil and Gas
Tech
    • Artificial Intelligence
    • Cybersecurity
    • Robotics
    • Crypto
    • Cleantech
Life Science
    • Biotech
    • Cannabis
    • Pharmaceuticals

Featured Stocks

More featured stocks

Browse Companies

Resource
  • Precious Metals
  • Battery Metals
  • Energy
  • Base Metals
  • Critical Metals
Tech
Life Science
MARKETS
COMMODITIES
CURRENCIES