MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) is pleased to announce the Company has opened a field office in Santiago, Chile to evaluate new strategic business opportunities and potential project acquisitions. The Company has retained the services of Kura Geoscience SPA (“Kura Minerals”) to lead in-country asset development. Kura Minerals is a leading consulting firm with existing relationships throughout South America led by a Chile based management team:
Francisco Acuña – Business Manager
Kura Minerals was co-founded by Francisco Acuña, who previously supported Chilean operations for BHP Billiton. Mr. Acuña was directly involved in the strategic development of Minera Escondida, a subsidiary of BHP Billiton which operates two large-scale open pit copper mines in the Atacama Desert. He also supported other BHP operations through research and development of hypogene ore processing. Mr. Acuña holds a Chem. Eng. from the University of Concepcion, Chile, and a M.Sc. Industry, Trade & Development from the University of Manchester, United Kingdom.
Alvaro Florez – Legal Manager
Prior to joining Kura, Alvaro Florez was In-House Counsel for the Chilean subsidiaries of Freeport-McMoRan Inc. and Lundin Mining Corp. He later joined as an associate at the Energy, Mining and Natural Resources Group of Philippi, Prietocarrizosa, Ferrero DU & Uría Law Firm. Mr. Florez has also collaborated with the Projects, Energy and Natural Resources Group of King & Wood Mallesons, Australia. He holds a Bachelor of Laws from the Universidad de los Andes, Chile, and Master of Law from the University of Queensland, Australia.
Thomas Eggers – Exploration Manager
Prior to joining Kura, Thomas Eggers supervised over 25 exploration projects in Northern-Central Chile, Papua New Guinea and Mongolia for Anglo American plc. His expertise has allowed him to advise on exploration strategies throughout South America, Africa and Oceania. Mr. Eggers holds an Honours Degree in Geology from Universidad de Concepción, Chile and an MBA Global Management from Macquarie University (Australia) & Universidad de Chile (Chile).
MGX has mandated Kura Minerals to represent the Company on a variety of fronts, including evaluation, negotiation and permitting of potential new projects as well as establishing potential joint venture partnerships to utilize the Company’s rapid lithium brine processing technology.
About MGX Minerals
MGX Minerals is a diversified Canadian resource company with interests in lithium, magnesium and silicon assets throughout North America. Learn more at www.mgxminerals.com.
President and CEO
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This press release contains forward-looking information or forward-looking statements (collectively “forward-looking information”) within the meaning of applicable securities laws. Forward-looking information is typically identified by words such as: “believe”, “expect”, “anticipate”, “intend”, “estimate”, “potentially” and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by the Company is not a guarantee of future results or performance, and that actual results may differ materially from those in forward-looking information as a result of various factors. The reader is referred to the Company’s public filings for a more complete discussion of such risk factors and their potential effects which may be accessed through the Company’s profile on SEDAR at www.sedar.com.