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Majestic Gold Corp. V.MJS

Alternate Symbol(s):  MJGCF

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

Bullboard Posts
Post by fumperbunon Apr 14, 2010 8:20pm
281 Views
Post# 16992830

NEWS

NEWS

Majestic mills 36,805 tonnes Au in March at Song Jiagou

2010-04-14 19:57 ET - News Release

Mr. Rod Husband reports

MAJESTIC GOLD PROVIDES UPDATE ON SONG JIAGOU PROPERTY

Majestic Gold Corp. is providing an update on its Song Jiagou property, further to its news release in Stockwatch Feb. 24, 2010. Mining operations conducted by Dahedong Smelter Mill on the Song Jiagou property or Muping mine on behalf of Yantai Zhongia Mining Enterprise (JVCo) for the period Dec. 25, 2009 to Mar 25, 2010, amounted to:

                           MINING OPERATIONS                                          Period ending                       Jan. 25, 2010  Feb. 25, 2010  March 25, 2010   Totals Tonnes milled                30,383         39,288          36,805  106,476 Head grade (g/t)               0.47           0.48            0.54     0.50 Concentrate (t)                 432            565             661    1,658 Con. grade (g/t)              29.63          29.97            27.1     28.7 Recovery                       89.7%          89.6%           89.5%    89.6% Oz Au                         411.5          544.4           575.9  1,531.8
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