MGX forms strategic alliances for magnesite and silica sand projects in Canada

By Antonio Torrisi
Published: Thursday, 04 December 2014

Following a strategic alliance with two TSX-V listed investors, the Canadian junior strengthens its finances to continue developing its magnesite project and enters a joint venture for a potential high-purity silica project in British Columbia, which is an opportunity to diversify its mineral portfolio.

Canadian junior MGX Minerals Inc. has formed a strategic alliance with investing companies Zimtu Capital Corp. and Electra Gold Corp. to jointly develop magnesite and silica projects in British Columbia (BC), Canada.

The alliance with two Canadian investors will help MGX Minerals conduct exploration activities at its two major magnesite...

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