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.

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Post by MisterBon Apr 27, 2011 9:25am

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Post# 18493492

News! Mill is in Production!

Majestic Gold Provides Update on Mill Construction
VANCOUVER, BRITISH COLUMBIA, Apr 27, 2011 (MARKETWIRE via COMTEX News Network) --
Majestic Gold Corp. (TSX VENTURE: MJS) ("Majestic") is pleased to provide a progress update on the new mill construction for the company's flagship Song Jiagou project.
The mill is in the commissioning stage and has begun running ore through the mill in order to access the efficiency of the mill. Majestic expects to run at an initial throughput rate of 3,000 tonnes per day and progressively move upwards towards full capacity of 6,000 tonnes per day once the mill is running at optimal efficiency.
Ore that has been stockpiled at the new mill in order to streamline the commissioning process is currently being processed as part of the commissioning stage. In addition, Majestic is pleased to announce that the tailings dam is fully completed and all tailings lines and water return systems are in place and now in use.
"We are excited by the prospect of getting the new mill on line and being in a position to significantly increase production levels," stated Rod Husband, President of Majestic. "This represents a significant milestone in our transition from exploration to production."
On Behalf of the Board of Directors
MAJESTIC GOLD CORP.
Rod Husband, P.Geo., President
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts: Majestic Gold Corp. Investor Relations (604) 681-4653 or 1-866-282-8398 (604) 568-4902 (FAX) info@majesticgold.net www.majesticgold.net
SOURCE: Majestic Gold Corp.
mailto:info@majesticgold.net https://www.majesticgold.net
Copyright 2011 Marketwire, Inc., All rights reserved.

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