MGX Minerals Inc. Completes Fall 2017 Drill Program, Discovers New Spodumene Pegmatite Dykes

MGX Minerals Inc. (OTC:$MGXMF) has completed its Fall 2017 drill program at its Case Lake Lithium joint venture with Power Metals Corp. (TSXV:$PWM).

50 diamond drill holes were completed, with the majority of the drill core being now assayed. So far, assay highlights at the Main Dyke include:

PWM-17-08: 1.94 % Li2O and 323.75 ppm Ta over 26.0 m
PWM-17-09: 1.23 % Li2O and 148.0 ppm Ta over 16.0 m
PWM-17-10: 1.74 % Li2O and 245.96 ppm Ta over 15.06 m

There have also been two new spodumene pegmatite dykes discovered, between the Main Dyke and the South Dyke, and there is likely to be more spodumene mineralization found near the Main Dyke. Several of the drill holes in the Main Dyke confirmed that there are wide intersections of continuous pegmatite close to the surface.

Due to these discoveries, a 2000 meter diamond drill program will commence in January 2018 to further assess the new discoveries.

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