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.

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Majestic Gold Corp. > Checklist *typo

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Post by Value2020on Mar 30, 2022 9:07pm

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Post# 34561238

Checklist *typo

Mining License renewed for 10 years

Both mines safety certified August 2021

Producing 8-9k ounces every quarter

All in cost around $850 ( Profit over $1000/ounce)

35 million sitting on balance sheet

5-7 million coming every quarter

buyback started be it timid, but lets see

Hong King Listing within 3 months +/- 1 month. Dilutive but depends on the IPO price will should get about 50% upside for 25% of our future control.

Only 1 item left for management *** They have executed on every other item.

Now we wait........

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E3 inches closer to Alberta's first lithium production plant