MGX Minerals’ Driftwood Creek Project Hits Consultative Phase with BC Government

Magnesium Investing

MGX Minerals (CSE:XMG) says it has received communication from the British Columbia Ministry of Energy and Mines that its mining lease application has been received and the application has been advance to the consultative phase.

MGX Minerals (CSE:XMG) says it has received communication from the British Columbia Ministry of Energy and Mines that its mining lease application has been received and the application has been advance to the consultative phase.

According to the press release:

The Company has received communication on January 12, 2015 from the British Columbia Ministry of Energy and Mines (“MEM”) that its recently filed mining lease application (the “Application”) (see press release dated December 22, 2014) has been received by the Mineral Titles Branch and the application has been accepted and advanced to the Consultative Phase of the application process. In addition, the Chief Gold Commissioner has requested a formal survey, to be approved by the Surveyor General, encompassing the entire area of the proposed mining lease, in addition to the recently surveyed proposed quarry area.

Jared Lazerson CEO of MGX Minerals, said:

We look forward to becoming Canada’s only producer of magnesium metal and second producer of magnesium compounds. Advanced materials have a strong outlook in British Columbia and we are committed to being a cornerstone of this new industry.

Click here to read the MGX Minerals Inc. (CSE:XMG) press release
Click here to see the MGX Minerals Inc. (CSE:XMG) profile.

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