MGX Minerals acquires new magnesite assets in Canada

By Antonio Torrisi
Published: Monday, 10 November 2014

By adding seven mineral claims over known magnesite deposits to its Driftwood Creek project in British Columbia, the junior company controls the majority of magnesite deposits in the Canadian territory and expands its resources capacity to become a potential major producer of magnesia in North America.

Canadian junior, MGX Minerals Inc. has acquired mineral claims over seven known magnesite occurrences in British Columbia (BC), Canada.

The company claimed prospects include Red Mountain, Topaz Lake, Dunbar Creek, Bott’s Lake, Cleland Lake, Mount Assiniboine and Mount Eon.

MGX also claimed the Anzac project, which is located near the...

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