RE:RE:Q1 financials Hi Tocky,
see below. The latest publivations from MJS can be found on sedar.
https://www.sedarplus.ca/csa-party/viewInstance/view.html?id=0c11f8b7998bcd960fd0239969c959ee160f262d2e01986e&_timestamp=1101367145705326
SONGJIAGOU OPEN-PIT MINE
The Company’s principal gold mining operations are the SJG Open-Pit Mine and the SJG Underground Mine located in Shandong province, China. The Company commenced commercial gold production at the SJG Open-Pit Mine in May 2011. Majestic holds a 52.875% interest in the SJG Project through its 70.5% owned subsidiary Persistence, which holds a 75% interest in the SJG Project with the remaining 25% held by Yantai Dahedong Processing Co. Ltd. The Company’s mining license for the SJG Open-Pit Mine is valid until May 17, 2031.
SONGJIAGOU UNDERGROUND MINE
The SJG Underground Mine lies immediately north of the SJG Open-Pit Mine. The area underlain by precious metal mineralized vein structures was converted to a five-year, 0.414 sq. km. mining license that was granted on February 18, 2016, was renewed on February 18, 2021 and is valid until February 18, 2031. The mining license area covers a continuation of the gold mineralization that is currently being developed in the adjacent SJG Open-Pit Mine. The Company commenced production at SJG Underground Mine in October 2019.
.pdf page 4
https://www.sedarplus.ca/csa-party/records/document.html?id=e68f78f29fcafef0113c397214b11913e0c0f26d86d37913844a031b291877da
best
richard