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. > 2023 Gold Production Estimate

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Comment by nozzpackon May 26, 2023 3:14pm

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Post# 35466291

RE:RE:2023 Gold Production Estimate

Than you .

Next week will be interesting because we shall be advised on many issues including the official status of the HKEX, expansion status of SJ pit and whether Q2 will proceed directly to the high grade ore or clean up what is left of Phase 1 reserves..

As going directly to Mining Bench #1 means an extra $25 million CAD in gross revenues in Q2, it makes sense to do that and add what's left of Phase 1 reserves and low grade gold in overburden rocks to the stockpile.

From this viewpoint, the SRK option makes eminent sense.

GLTA

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