MGX Minerals Inc. reported that joint venture partner Power Metals Corp. ("Power Metals") has completed initial drilling and intersected lithium mineralization on the Northeast Dyke at the Case Lake Property in Ontario. The Winter 2018 drill program is in its early stages and the presence of up to 30% coarse grained spodumene in drill core has been found in several of the first few holes.

The first samples have been shipped to SGS preparation lab in Cochrane, Ontario. Due to this occurrence, Power Metals has increased its current drill program from 2,000m to 3,000m. Drilling of the first drill holes on the Northeast Dyke commenced with shallow holes below the spodumene-rich outcrop of assays up to 7.14% Li2O and then stepped out to drill down dip and along strike.

These initial drill holes have assisted the exploration team to determine the orientation of the pegmatite dyke. The Northeast Dyke is located 900 m northeast along strike of the recently completed 5,400m drill program on the North and Main Dykes and is within the same tonalite dome as the North and Main Dykes. Since the Northeast, North and the Main Dykes are along the same strike and within the same dome.

A 50 drill hole program was completed on the Main Dyke in December 2017 which encountered multiple wide intercepts of Li20.