Mr. Jared Lazerson reports

MGX MINERALS COMPLETES HAUL ROAD; ADVANCES BULK SAMPLE AT DRIFTWOOD CREEK MAGNESIUM

MGX Minerals Inc. has received notice from mining contractor Dominion Excavating Ltd. that mine haul road construction has been completed for the Driftwood Creek magnesium project (see press release dated Feb. 25, 2016).

Commencement of mining operations to support the previously announced 100-tonne bulk sample program is scheduled to begin this week. The bulk sample program represents the first bulk tonnage material removed from Driftwood Creek since Kaiser Resources mined 8,000 metric tonnes as part of a test quarry in 1978 (Morris, 1978).

The purpose of the bulk sample program is to complete a maiden National Instrument 43-101 mineral resource estimate for Driftwood, conduct metallurgy testing for finalization of the upgrade circuit by Kemetco Labs, and provide Industrial Furnace Company with a 10-tonne sample for kiln testing and sample preparation of magnesium oxide (MgO).

Driftwood Creek magnesium

MGX Minerals has the right to acquire a 100-per-cent interest in the Driftwood Creek magnesium project. The company has completed a phase I and phase II drill program at Driftwood Creek and is now conducting a 100-tonne bulk sample program. MGX received a 20-year mining lease for Driftwood Creek in January (see press release dated Jan. 11, 2016).

Qualified person

This press release was prepared under the supervision and review of Andris Kikauka, PGeo, and vice-president of exploration for MGX Minerals. Mr. Kikauka is a non-independent qualified person within the meaning of National Instrument 43-101 standards.

We seek Safe Harbor.