MGX Minerals Consolidates British Columbia Silica Projects

MGX Minerals (CSE:XMG) announced they have entered into a Share Purchase Agreement to acquire a 100% undivided interest in the Wonah Mineral Claims.
As quoted in the press release:

The Wonah claims consist of 166 contiguous hectares located in the Fort Steel mining division of British Columbia, just three miles southeast of the town of Golden. The Property is accessible year-round by a network of paved highways and well-maintained logging roads.
Exploration at Wonah dates back to 1959. Work has included geologic mapping, geochemical sampling, petrographic examination and bulk samples totaling several thousand short tons of lump quartzite material (B.C. Ministry of Energy and Mines Assessment Report 3685). MGX plans to initially target the Wonah Quartzite formation, which has been cited in historic technical reports as reaching a thickness of more than 300 meters and containing up to 98.85% silicon dioxide (SiO2).

MGX Minerals President and CEO, Jared Lazerson, stated:

The consolidation of high-grade silica properties in British Columbia and particularly within the East Kootenay region is the cornerstone in our strategy to grow and diversify in the industrial minerals sector, we believe the region has sufficient power and silica quality to support a silicon industry.

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