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

Post by Value2020on Aug 08, 2020 9:01am

136 Views

Post# 31382406

Promotion FACTS

1. 10 Year old producing company

2. First gold sold 1403oz Dec 2010

3. Producing 7000oz per Quater 2019

4. Underground mine at full production ( Sep/2019 )

5. License RENEWED for 10 years in June 2010 (Till MAY 2030)

6. 20+ Years of mine life

7. 9200 TPD milling capacity

8. All in Cost at $819

9. Cash in the Bank 25M+

10. Gold at $2000+

*** In the last 3 months License renewal and gold hitting $2000+ ***

Bullboard Posts

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