Majestic Gold Corp. V.MJS

Alternate Symbol(s): MJGCF

Metals & Mining Gold

Majestic Gold Corp. is engaged in mineral resource exploration, development and extraction. It operates the Songjiagou open pit gold mine in the eastern Chinese province of Shandong. Songjiagou Gold Mine covers over 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 kms 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 kms North of Kalgoorlie and 700 kms northeast of Perth, in the Goldfields region. E77/2817 (Moorine) Tenement consists of eight blocks located 400 kms east of Perth.

TSXV:MJS - Post by User

Majestic Gold Corp.

Bullboard Posts

Comment by MisterBon Jan 25, 2010 10:10pm

324 Views

Post# 16717784

RE: Mine Production Upgrade

Beefeater,

I've heard they are looking to increase production my mid-year. Now, I can't remember if that was in conversation with a few friends, or if it was on this board, but I expect production increase by the mid-point of this year. They do want to get up to 6000TPD, but I am not sure if they expect to be at that point by mid-year or not.

I would also suggest you put a call in to the company to get their input. It would be nice to also point out that shareholders are looking for answers and a PR may just do a world of good.

Cheers,

B

Bullboard Posts

TELUS adds 347K customers in Q3