MGX Minerals Reports Mobilization for Bulk Sample at Driftwood Creek Magnesium Project Now Underway
VANCOUVER, BRITISH COLUMBIA / TheNewswire / December 11, 2015 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG) reports that the access road between its Driftwood Creek magnesium project ("Driftwood Creek") and the Provincial Highway has now been cleared of snow. Temperatures have improved with highs near zero degrees and mobilization of equipment, which includes a tracked drill, excavator and six-wheel rock truck, is now underway. Operations are expected to commence shortly.
MGX's 100-tonne bulk sample program (see press release dated November 19, 2015) represents the first bulk tonnage material removed from Driftwood Creek since Kaiser Resources mined 8,000 metric tonnes as part of a test quarry in 1978 (Morris, 1978). Representative multi-tonne processed samples of magnesium oxide ("MgO") will be tested and made available for customer evaluation. Based on outcomes of the bulk sample, MGX looks to deliver further shipments totaling 5,000 tonnes during the first half of 2016.
About MGX Minerals
MGX Minerals (CSE: XMG) is a diversified Canadian mining company engaged in the acquisition and development of industrial mineral deposits in western Canada that offer near-term production potential, minimal barriers to entry and low initial capital expenditures. For more information please visit the Company's website at www.mgxminerals.com.
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| Jared Lazerson |
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Forward-Looking Statements
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