MGX Reports Upgrading of Lithium Brine from 67 to 1600 ppm Lithium

ZURICH, SWITZERLAND / ACCESSWIRE / March 6, 2017 / Today, MGX Minerals Inc. (CSE: XMG) announced lithium extraction process optimization results as disclosed by its engineering partner PurLucid Treatment Solutions in a report entitled “Phase-2 Lithium Extraction Technology Development Report”. MGX said to file a technical report on SEDAR within 45 days.

PurLucid’s patent-pending filtration technology has “successfully upgraded” 2 brine samples from its Sturgeon Lake PetroLithium Project in Fox Creek, Alberta, Canada.

Research and development at bench top laboratory testing has resulted in an upgrading of brine from 67 to 1,600 mg/L lithium in the filtration and pre-treatment phase of the lithium extraction process. That’s a 20-fold increase in lithium concentration in both the first and second trials.

However most importantly, high contaminants (typical for oil field brines and one of the reasons why these “resources” have been considered uneconomic for long time) have been removed effectively from the lithium concentrated brine. This was achieved with a low energy process. It was reported that magnesium (oftentimes a troublemaker in brine processing) has not only been removed effectively but that “substantive mass of magnesium” has been recovered, i.e. potentially saleable.

The next phase of development hopes to validate these initially promising results in order for MGX and PurLucid to advance to commercial test deployment in case an agreement with a major oil company can be accomplished and the extraction of saleable lithium products succeeds at competitive prices.

The full report can be accessed with the following links:

English (PDF): http://rockstone-research.com/images/PDF/MGX18en.pdf

English (web version): http://rockstone-research.com/index.php/en/research-reports/2613-MGX-Reports-Upgrading-of-Lithium-Brine-from-67-to-1600-ppm-Lithium

German (PDF): http://rockstone-research.com/images/PDF/MGX18de.pdf

Disclaimer: Please read
the full disclaimer within the full research report as a PDF as fundamental
risks and conflicts of interest exist.

SOURCE: Rockstone Research

ReleaseID: 456582