Description
Majestic Gold Corp. (TSX.V: MJS) is a gold exploration and development company with an impressive portfolio of projects in well known gold belts throughout China. The company focuses on projects at or near the development stage, where the potential for low-cost production can provide a greater return on investment. Majestic's current property interests are located within China's most prolific areas of gold discovery and production. These include the highly prospective Tian Shan Gold Belt in the West, hosting numerous world class gold deposits, and within the Jiadong Peninsula of the eastern Shandong Province, an area accountable for 25% of China's annual gold production and 20% of its total gold resource. Led by an experienced management and exploration team, Majestic will quickly and efficiently confirm and expand on existing historical gold resources to maximize shareholder value.
Share Price
In-depth Majestic Gold Proactive Investors Articles
- 06/09/2006 Majestic Gold - getting serious in China
Recent Majestic Gold news
- 29/10/2008 Majestic Gold raises $4.9 million
Presentations & Company Media
Related Research & Media
No Documents available.
Company Statement:
Majestic Gold Corp. ("Majestic") is a gold exploration and development company with an impressive portfolio of projects within China's most prolific areas of gold discovery and production. The Company focuses on projects at or near the development stage, where the potential for low-cost production can provide a greater return on investment. Led by an experienced management and exploration team, Majestic will quickly and efficiently confirm and expand on existing gold resources to maximize shareholder value.
Current Operations:
Gold In China
China has a long history of gold production. As early as 1091 BC, gold was legalized as money (as an alternative to silk), circulating in little squares. Hebei province, one of the main mining areas, claims production for over three thousand years. The Zhao Yuan mine in Shandong province has been worked for over a thousand years; other Shandong mines date from the 17th century.
After more than a century on the throne, South Africa has been deposed as the world's biggest producer of gold, with its estimated 2007 output, of 272 tonnes, falling just short of the 276 tonnes of the yellow metal produced by the new number one, China. While Chinese gold production increased by an estimated 12% year-on-year, South African mines produced 8% less gold than in 2006, according to precious metals consultancy GFMS's 'Gold Survey 2007 - Update 2'. [Read More]
Sawayaerdun Project
The Sawayaerdun Gold Project is located 200 kilometers northwest of Kashi in the western region of Xinjiang Province, China.
The property is located in the prolific Tian Shan Gold Belt which hosts numerous world class gold deposits including Muruntau (140,000,000 oz Au) and Kumtor (13,900,000 oz Au).
Gold deposits in this belt are commonly structurally controlled, occurring along fault/shear zones within metamorphosed sedimentary rock. [Read More]
For details on the project estimate please click here
Song Jiaguo Project
The Song Jiaguo Property is located on the Jiaodong Peninsula of Shandong Province in the People's Republic of China. The property lies on the western edge of the Muping-Fushan Gold Belt, which hosts 20% of the known gold deposits on the Jiaodong Peninsula.
Gold production from the entire peninsula accounts for over 25% of China's annual gold production. (Approx. 1 million oz/yr). Gold deposits in the belt are commonly controlled spatially by fault zones.
To the south of the property, the Pengjiakuang Gold Deposit (>650,000 oz) occurs in the same structural environment within Cretaceous Laiyiang conglomerates which underlie the Song Jiaguo Property. [Read More]
For details on the project estimate please click here
Management
Board of Directors
Rod W. Husband, P. Geo.
Position: President, Director
Mr. Husband is a registered member of the Association of Professional Engineers and Geoscientists of British Columbia. He obtained a B.Sc. (Geology) degree from the University of British Columbia in December 1986. His 20 years of experience is in all areas of economic geology with a particular focus in porphyry, epithermal, orogenic and skarn environments.
In 1992, Mr. Husband became president and chief geologist of Pro Group Geological Ltd, a private company that provides a wide range of exploration services to clients. With Pro Group, he led initial exploration and advanced development for resource companies operating in Canada, United States, Chile, Peru, Honduras, Mexico, Philippines and Slovakia. He has served on the board of several public companies listed on the TSX Venture Exchange and is presently on the board of Majestic Gold Corp., Verona Development Corp., and Global Hunter Corp.
Daniel Pisenti, B. Sc, CPA
Position: Director
Dan Pisenti has over 20 years experience in the mining industry including the past 15 years of providing investment advice as the president of Whitehall-Parker Securities, Inc. (an independent securities brokerage firm based in San Francisco). Graduating with honors from the University of California at Berkeley Business School, Mr. Pisenti holds a Bachelor of Science degree in Business Administration with an emphasis in Finance and Accounting. He rapidly enhanced his skills by earning his Certified Public Accounting license in 1987 while working at Arthur & Co. as a Senior Auditor. Mr. Pisenti also possesses a Series 7, 24, 39 and 63 Securities License.
Al Korelin, MBA
Position: Director
Al Korelin is a prominent public figure in the junior resource sector in Canada and the US . He has been involved in the financial community since 1978 when he received his MBA in Finance and International Trade from the University of Puget Sound . Since founding A. B. Korelin in 1982, he has assisted many publicly traded companies with regulatory compliance issues, including conducting seminars in conjunction with the TSX-V for companies listed on the TSX-V wishing to register in the U.S. In addition to his responsibilities with A. B. Korelin & Assoc., he is the founder and co-host of The Korelin Economics Report, a nationally syndicated radio program that discusses political and financial issues which may affect investment decisions with leading experts in the field.
Shaohui Chen
Position: Director
Former president of Northern China Planning and Design Institute of the Ministry of Chemical Industry with over 25 years experiences in mining industry. In addition to his professional expertise in mining and leadership, Mr. Chen has established a reputable name for himself by acquiring a position as a general manager for Xinjiang Majestic Mining Inc., a joint venture between Xinjiang Bureau of Geology & Minerals and Majestic Gold Corp.
Technical Management
Jim Yin-- Ph.D., M.S, B.Sc (Geology, China, British Columbia)
Position: General Manager
17+ years of international geological and managerial experience working on numerous projects across North America, China, and Australia
Served as Chief Geologist, Exploration Manager, Mine Manager, Chief Representative, and Project Manager and supervised several joint ventures throughout his career
William Hoffer -- B.Sc. (Geology, South Dakota)
Position: Mine Geologist
20+ years of precious metals industry experience primarily as a senior manager in underground and surface mine production with a focus on project management
In depth experience in pre-feasibility study (underground and surface), reserve auditing (internal and external), deposit modeling, mine construction and pre-production development, mine design and layout, land management and lease negotiation, and budgeting
John Zimmerman -- M.S. (Geology, Arizona)
Position: Head of Exploration
26+ years experience in gold exploration in the western U.S.A. and China
Expert in Carlin-style and orogenic-type gold deposit exploration, active in all exploration and development phases
Contributed to the success of several previous explorers including Newmont, Goldfields Mining, Meridian Gold, Gateway Gold, Palladon Ventures and BHP Minerals International
Co-discoverer of the Chimney Creek (Twin Creeks) Mine in northern Nevada
Richard Shao -- Ph.D. (Metallurgy, Beijing)
Position: Agent for China
Former acting Department Head (Mineral Processing) at China University of Mining and Technology
Numerous years as advisor and consultant to mineral processing and evaluation companies
Major Shareholders
No info available.
Contact Information
Head Office: Majestic Gold Corp.
730 - 1130 West Pender Street
Vancouver, BC
Canada V6E 4A4
Beijing Office: Majestic Gold Corp.
907 Room, Tianhongbaojing Mansion, No.189
Andingmenwaidajie, Beijing
China 100011
Corporate Information
Investor Relations:
Telephone: (604) 681-4653
Fax: (604) 683-6557
Toll Free: (866) 282-8398
Email: info@majesticgold.net
Shares Listed:
TSX Venture Exchange
Symbol: MJS
Solicitor: Holmes & King
Auditor: Smythe Ratclifffe, LLP
Transfer Agent: Computershare Trust Company