MGX Minerals Inc.(CSE:XMG) is pleased to announce it has received independent laboratory-testing results from the Saskatchewan Research Council (“SRC”) on the Company’s patent-pending “Method for Extraction of Lithium from Salt Brine” (U.S. Provisional Patent #62/419,011).
As reported by SRC, the Company’s proprietary design process was successful in recovering up to 83.7% lithium (Li) and concentrating 461 ppm Li from a 71 ppm representative sample of formation brine originating from the Sturgeon Lake oilfield.
“The results of laboratory testing by SRC provide third-party validation of our proprietary design process and its ability to rapidly separate lithium and other valuable minerals from wastewater brine,” stated MGX President and CEO Jared Lazerson. “We have made many advancements since this original process design, but this validation is important and we will continue to rely on SRC for independent testing and improvements of both active and newly developed passive filtration technologies.”