For thousands of other reports visit RSC's Mineral Intellingence Map
MGX Minerals Inc.
Summary
| Project: | Case Lake | |
|---|---|---|
| Deposit: | Case Lake | |
| Location: | Canada | |
| Commodities: | Lithium-Tantalum | |
| Date: | 11/27/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-11-2017: MGX Minerals Inc. announces an Exploration/Drilling Update report for its Case Lake deposit at the Case Lake project. Drilling results incl. 26m @ 1.94% Li2O, 323.75ppm Ta. VANCOUVER, BRITISH COLUMBIA / November 27, 2017 / MGX Minerals Inc. (“ | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Julie Selway (Internal) | |
| ABSTRACT: | VANCOUVER, BRITISH COLUMBIA / November 27, 2017 / MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) is pleased to announce the completion of the Fall 2017 drill program at its Case Lake Lithium joint venture with Power Metals Corp. (TSX.V: PWM) (“Power Metals”), located 80km East of Cochrane, Ontario. A total of 50 diamond drill holes comprising 5400 meters have now been completed (Figure 3). The majority of drill core is currently being assayed, assay highlights to date at the Main Dyke include Two new spodumene pegmatite dykes have been discovered located between the Main Dyke and the South Dyke indicating there is more spodumene mineralization to be found near the Main Dyke. Several drill holes in the Main Dyke confirm wide intersections of continuous pegmatite close to surface. The first new dyke was intersected in hole DDH 42 and DDH 43 with up to 30% spodumene. Drilling then targeted the new dyke and successfully intersected it again in hole DDH 44 and DDH 49 (Figure 1). Three-dimensional modelling has indicated that the new dyke was partially intersected at the bottom of hole DDH 40 and DDH 41 giving further confirmation to the discovery. This new dyke is located 20-40m from the Main Dyke and 35- 40m vertical depth from the surface. This dyke has similar mineralogy to the Main Dyke with aplite border zone, spodumene granite and quartz + spodumene core zone. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report