MGX Minerals Completes Land Survey - Finalizes Mining Lease Application
VANCOUVER, BRITISH COLUMBIA / TheNewswire / September 11, 2015 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG) announces that the final land survey for its flagship Driftwood Creek magnesium project ("Driftwood") has been completed, certified and submitted to the British Columbia Land Title and Survey Authority for review by the BC Surveyor General and the Mineral Titles Branch of the BC Ministry of Energy and Mines. Upon acceptance by the Surveyor General and Mineral Titles Branch, the Mining Lease application, which is now complete, will then be reviewed by the Chief Gold Commissioner in regard to issuance.
About MGX Minerals
MGX Minerals (CSE: XMG) is a diversified Canadian mining company listed on the Canadian Securities Exchange. MGX is 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.
The Company's flagship project is the Driftwood Creek magnesium project in the East Kootenay region of British Columbia. The long-term strategic business objectives of the Company include constructing a quarry mine and processing plant to produce magnesium oxide at Driftwood Creek. The Driftwood Creek project is currently under permitting review for granting of a mining lease and applications for associated operating permits are in various stages of preparation. MGX owns the majority of significant magnesite properties in the Province of British Columbia as reported by the British Columbia Geological Service.
For more information please visit the Company's website at www.mgxminerals.com.
| Contact Information | |
| Jared Lazerson | Dr. Michael Reimann |
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Forward-Looking Statements
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