MGX Minerals goes ahead with Highbury Energy partnership, announces assay results
MGX Minerals Inc. (CSE:XMG, OTCQB:MGXMF) said it has decided to proceed with its partnership with Highbury Energy Inc. to develop a detailed thermochemical gasification process to extract metals such as nickel, vanadium, cobalt and hydrogen from petroleum coke (petcoke).
In a statement, the company also said it has received the initial vanadium nickel cobalt assay results from Alberta oil sands.
READ: MGX Minerals reveals spring plans for Case Lake as Power Metals completes 3,000m program
Petcoke samples were obtained from Alberta oil sands (sample No. 1) and refinery (sample No. 2) sales stockpiles of available petcoke. The results are as follows:
Sample Vanadium (ppm) Cobalt (ppm) Nickel (ppm)
Sample No. 1 421 4.8 76.8
Sample No. 2 458 1.3 53.4
MGX said further analysis of concentrate post gasification ash samples is now under way, with ash amounting to 3% of oil sands petcoke by weight and less than 1% of the refinery petcoke sample.
It expects the concentrations of metals will directly correspond with the reduction in material, approximately 30 times and over 100 times, respectively. Analyses of the ash concentrate are expected shortly.
The company said a phase II study is currently being completed by Highbury and will include analyses of potential site locations, inclusion of pilot scale gasification, advanced metals extraction process design and initial plant design parameters.
Petcoke is a carbon material by-product of the oil and gas industry that forms during the oil refining process.
The province of Alberta is known to host vast stockpiles of petcoke. According to the Alberta Energy Regulator, petcoke inventories are estimated to have reached 106mln tonnes in 2016, the Canadian resource company added.
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/192132/mgx-minerals-goes-ahead-with-highbury-energy-partnership-announces-assay-results-192132.html
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Lion’s Mane Mushroom
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, But it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes:
Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity.
Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins.
Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system.
Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome.
Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function.
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules. Today Be 100% Satisfied Or Receive A Full Money Back Guarantee Order Yours Today By Following This Link.
| Online: | |
| Visits: | 1,608,343,977 |
| Stories: | 8,164,323 |
Whistler Blowers, Insiders
