MGX forms strategic alliances for magnesite and silica sand projects in Canada
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.
MGX Minerals Inc. has formed a strategic alliance with
Zimtu Capital Corp. and Electra Gold Corp. to jointly
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