MGX Minerals Provides Additional Details on Lithium Extraction from Oilfield Wastewater and the Future of Petrolithium

CSE:XMG, MGX Minerals, lithium

MGX Minerals Inc.(CSE:XMG)is pleased to provide additional details from the Company’s recent extraction of lithium from heavy oil wastewater (see press release dated January 3, 2017) and an update on research and development. MGX continues to work with partners PurLucid Treatment Solutions Inc. (“PurLucid”) and the Saskatchewan Research Council (“SRC”) on multiple fronts.

PurLucid is working to integrate respective technologies and build an optimized pilot plant for deployment into Alberta’s oilfields shortly. MGX has testing and analyses agreements with eight major and mid-tier oilfield operators, with the aim to install multiple pilot plant and small commercial units throughout 2017, as part of the Company’s broader “petrolithium” deployment strategy throughout the Province of Alberta.
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