Majestic Gold Corp. MJGCF

Primary Symbol: V.MJS

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. > What explains the unusually low cash costs?

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Comment by auburn2on Sep 20, 2024 1:24pm

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Post# 36233493

RE:What explains the unusually low cash costs?

RDM is located in Minas Gerais State, Brazil and commenced production in early 2014 as a conventional open-pit operation.. Last quarter results:
0.67 g/t avg grade processed.
Recovery of 86.1%.
AISC: $1,774/oz.

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