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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
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(2)
•••
Post by MisterBon Feb 28, 2018 8:16pm
236 Views
Post# 27640670

Q1 was great: $2.3M Net Profit

Q1 was great: $2.3M Net ProfitTrending well with grade up above .6gpt.  Now they need to increase throughput. 

They allude to the following in the MD&A:
  • Pursuing acquisitions
  • Pursuing listing
  • Expect rade increases to continue with Mine plan
  • AISC of $854/oz

Will be intersting to see the PR vs reading SEDAR.

B

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities