Diversified resource and technology company MGX Minerals Inc. (CSE: XMG) (FKT: 1MG) (OTCQB: MGXMF) this morning announced that its joint venture partner, Power Metals Corp., has completed a 3,000-meter diamond drill program on the Northeast Dyke at its Case Lake property near Cochrane, Ontario. Per the update, the drilling successfully intersected multiple coarse-grain pale green spodumene zones at shallow depths and over good intervals. MGX also this morning detailed plans for a proposed 8,000-meter drilling program targeting the new spodumene pegmatite dykes located between the Case Lake property’s Main Dyke and South Dyke. The drilling program is currently scheduled to commence in spring or early summer, with additional targets, including the East Dyke, the down dip extension of the Main Dyke and dome targets identified during the spring mapping program, expected to be drilled in fall 2018.
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About MGX Minerals
MGX Minerals is a diversified Canadian resource and technology company with interests in lithium, magnesium and silicon assets throughout North America. MGX currently owns 34% of PurLucid and has the exclusive right to acquire a 100% interest as well as owning the global rights to recently developed lithium and mineral extraction technologies co-operatively developed by PurLucid and MGX. Learn more at www.MGXMinerals.com
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