Majestic Gold Corp (MJS)

[WaVe444]

The 2012 Mining and Resources Investment Forum Presents:


Majestic Gold Corp.

Majestic Gold Corp. is a Vancouver-­-based; TSX Venture Exchange and Frankfurt Exchange listed gold exploration and development company operating in the Shandong province of China.The company has a NI-­-43-­-101 compliant 3.0 million ounces (85,048,569 grams) delineated gold resource on its 100%-­-owned Song Jiagou project. The 2011 Preliminary Economic Assessment on the project indicates the potential for very positive economics; highlights include a project NPV US$525 million (at 10% discount rate and US$973/oz gold price), an NPV US$975 million (at 10% discount rate and gold price of US$1,500) and an IRR 78.9%. With the completion of the additional new 6,000 tonnes per day mill Majestic Gold is now generating positive cash flow in China from its operating activities and is rapidly increasing production.

http://ccchkminingresources.posterous.com/?page=2