MGX Minerals Reports Maiden N.I. 43-101 Resource Estimate for Driftwood Creek Magnesium Project

VANCOUVER, BRITISH COLUMBIA – September 5, 2016 – MGX Minerals (CSE:XMG) is pleased to announce a maiden National Instrument (N.I.) 43-101 compliant mineral resource estimate for its Driftwood Creek magnesium project (“Driftwood Creek”).
Highlights

• Measured plus Indicated (M+I) mineral resource totaling 8.028 million tonnes grading 43.31% magnesium oxide (MgO)
• Inferred mineral resource totaling 846,000 tonnes grading 43.20% MgO
• Bulk of resource is located less than 100 meters from surface
• Opportunities to expand mineral resource along strike and at depth with additional drilling

The resource estimate was prepared by Mr. Allan Reeves. Mr. Reeves is a Professional Geologist and independent Qualified Person (QP) as defined by N.I. 43-101 Standards of Disclosure for Mineral Projects. He has over 35 years of industry experience and spent 23 years at BHP Billiton where he held senior-level positions at both the Ekati Diamond Mine and Island Copper Mine.

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