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.

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Post by nozzpackon Mar 30, 2023 1:45pm

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Post# 35369740

Pushback #1 being Mined

Of the three pit wall pushbacks to expose the new ore, pushback #1 was stated to be the shortest.
The process started in Q2 of 2022 and if on schedule would have been completed within 6 months.

That brings us to late 2022.
If all went well, we may see some of that new ore when Q4 production reports tommorow or next week.
This is the first stage of expansion planned for Phase 2 of the SJ open pit..

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