Battery Metals

CSE:XMG

MGX Minerals (CSE:XMG) announced the Company has entered into an Agreement with the Brookes Heyman Lithium Syndicate to acquire a 100% undivided interest in 160,000 hectares of lithium exploration permits in the Province of Alberta.

MGX Minerals (CSE:XMG) announced the Company has entered into an Agreement with the Brookes Heyman Lithium Syndicate to acquire a 100% undivided interest in 160,000 hectares of lithium exploration permits in the Province of Alberta.
As quoted in the press release:

The Permits encompass known historic high-grade lithium values (>100 mg/L) as reported in the Province of Alberta Industrial Minerals database. MGX now controls a significant portion of lithium bearing areas throughout the Province of Alberta. This includes large strategic land blocks located throughout Mackenzie County of northwestern Alberta with close proximity to historic oil fields. MGX’s lithium brine bearing land position now spans over 300,000 hectares (1,160 square miles) with significant holdings in the geologically-favorable areas of Mackenzie, Fox Creek and Red Deer.
Major existing infrastructure including wells, roads and power are available on MGX’s lithium properties along with the support of nearby oil field services. MGX continues to focus on leveraging existing infrastructure in cooperation with oil and gas operators and all levels of government with the explicit goal of moving to immediate test production and test processing of lithium brine. Alberta offers the unique advantage in the global lithium race of massive existing infrastructure associated with lithium brine bearing areas and large existing historical databases essentially, in these areas, eliminating the need for conventional exploration drilling.

Connect with MGX Minerals (CSE:XMG) to receive an Investor Presentation.
 

Featured

MARKETS

Markets
TSX20287.40+89.79
TSXV701.96-0.13
DOW31724.14-156.10
S&P 5003917.96-55.79
NASD11215.19-320.09
ASX7148.90+3.30

COMMODITIES

Commodities
Gold1866.55+12.88
Silver22.13+0.38
Copper4.29-0.05
Palladium2010.00+25.00
Platinum967.00+14.00
Oil110.96+0.67
Heating Oil3.68+0.04
Natural Gas8.69-0.05

DOWNLOAD FREE REPORTS

×