Majestic Gold Corp. V.MJS

Alternate Symbol(s): MJGCF

Metals & Mining Gold

Majestic Gold Corp. is a Canada-based mining company. The Company is engaged in mineral resource exploration, development and extraction. The Company’s Songjiagou Gold Mine covers approximately 75.04 square kilometers in Muping, Yantai, Shandong Province, China. It has four separate tenements, including E36/918, E37/1334, E63/2110 (Kumarl) Tenement and E77/2817 (Moorine) Tenement. These tenements are located in Western Australia, an area with demonstrated potential for the discovery of lithium oxide mineralization. E36/918 tenement has been granted and consists of two blocks located 150 kilometers (km) North of Leonora, about 50 km north of Leinster, along the east side of the Kathleen Valley. E37/1334 tenement has been granted and consists of six blocks located west of Leonora township, 200 km North of Kalgoorlie and 700 km northeast of Perth, in the Goldfields region. E63/2110 (Kumarl) tenement has been granted and is comprised of 10 blocks located 250 km south of Kalgoorlie.

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Majestic Gold Corp.

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Post by Value2020on Nov 18, 2020 7:55pm

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Post# 31927807

Promotion FACTS

1. Producinng GOLD since 2010 ( 10 years )

2. First gold sold 1403oz Dec 2010

3. Underground mine at full production ( Sep/2019 )

4. License RENEWED for 10 years ( Till MAY 2030 )

5. 20+ Years of mine life

6. 9200 TPD milling capacity

7. Producing 9000+oz per Quater

8. All in Cost at $650

9. Cash in the Bank 20M

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