MGX Minerals Reports Control Over Majority of High Grade Lithium in Alberta

MGX Minerals (CSE:XMG) announced it now controls 14 of the top 25 historical high grade lithium properties (>=90mg/L, up to 140mg/L) as reported by the Alberta Geological Service.
As quoted in the press release:

The dataset comprises lithium geochemical data from ground and formation water in Alberta and near the Alberta border. The data was captured from several databases, including the Alberta Geological Survey (oil and gas wells database, AERI and Beaver River Basin projects), and the Alberta Research Council. In total there are 1,511 records, of which 48 records have >75 mg/L lithium. Nineteen analyses have >100 mg/L lithium (up to 140 mg/L) and occur within the Middle to Upper Devonian Beaverhill Lake Formation and Woodbend and Winterburn groups of west-central to northwestern Alberta.
The Company believes that completion of a N.I. 43-101 compliant technical report is an important first step towards potentially developing future mineral resources for the Properties. The technical report will include detailed geological and historical information on the Properties and is expected to be completed in one month.

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