CANADA'S LARGEST LANDHOLDER OF LITHIUM-BEARING BRINES
MGX owns the Sturgeon Lake Lithium Deposit the one of the largest and advanced Petrolithium projects in North America.
The Sturgeon Lake project is located in the Fox Creek area of west-central Alberta approximately 85 kilometers east of the city of Grande Prairie. The project encompasses over 132,000 hectares and represents the portfolio’s most advanced project.
Devonian-aged wells at Sturgeon Lake produce excessive amounts of brine in comparison to petroleum due to the mature nature of the oilfield where increased pumping is required to produce crude oil.
MGX has successfully concentrated lithium from heavy oil evaporator blowdown wastewater originating from the Sturgeon Lake oilfield using its rapid recovery process.