MGX Minerals Announces Field Crews Have Opened Underground Main Haulage Portal at the 2050 Level of the Tillicum Heino-Money Gold Deposit

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Jun 30, 2020
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VANCOUVER, BC / ACCESSWIRE / June 30, 2020 / MGX Minerals Inc. ("MGX" or the "Company") (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to announce that a field crew has accessed the Tillicum Heino-Money Deposit main haulage portal at the 2050 level. Multiple higher level portals have been identified all feeding into the shoot and primary mine haulage. Rail and water piping appear to be in good condition with no apparent flooding or structural degradation at the portal. Sampling has been undertaken with gold assays now pending. A structural engineering review by SRK Consulting (Canada) is now underway. In excess of 400 diamond drill holes, representing over 40,000 meters, are reported to have been completed by previous owners, approximately half of which were drilled from 5 levels of underground development.