USA, California: MGX Minerals Targets Geothermal Lithium Exploration in Golden State

Monday, December 10, 2018

USA, California: MGX Minerals Targets Geothermal Lithium Exploration in Golden State

MGX Minerals Advances Western US Geothermal Lithium Brine Extraction Strategy; Renews Contract With Senator Polanco (Ret.) (News Release)

MGX Minerals Inc. has announced receipt of the independent, 3rd party scale up and technology engineering review of the company’s rapid lithium extraction technology for geothermal implementation in the Western United States. The report provides recommendations to implement large-scale application of the technology, including:

Comprehensive review of rapid lithium extraction technology including flow systematics, processes in the scaling of technology and extraction process review; and
High level project engineering scope and timeline schedule for buildout.

The company has targeted geothermal lithium exploration in California and other Western States for potential partnerships and acquisition targets to secure lithium brine feedstock and operating sites for its lithium extraction and water treatment systems. Engineering partner PurLucid Treatment Solutions Inc. has developed high temperature filtration for the purification of geothermal brines.

MGX has renewed its contract with former California Senate Majority Leader Richard Polanco as an advisor and consultant to the Company. Senator Polanco continues to lead negotiations with the State of California and local municipalities regarding targeted exploration locations and sites identified by MGX as potential partnerships and acquisition targets to secure geothermal feedstock and operating sites. Senator Polanco will also continue to advise MGX on local environmental solutions and support ongoing community and stakeholder relations.

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