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project outline added to the front page of the website (although i'm not sure how new it is since the old CEO is in it BUT it's a good synopsis nonetheless imo)
http://majescor.com/uploads/somine-projectoutline[1].pdf
Would it be possible for you to put this in layman's terms? Thank you
Majescor intersects 0.25% Cu, 0.72 g/t Ag, 0.03 g/t Au and 9.21 ppm Mo over 294 m in hole D-012 at the Douvray porphyry copper-gold prospect, Northeast Haiti – Files Application for two Mining Exploitation Permits
Thursday, July 26, 2012
Not for distribution to U.S. newswire services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities law
Montreal, QC, July 26, 2012. Majescor Resources Inc. (“Majescor” or the “Company”) (MJX: TSX-V) is pleased to report that drill hole D-012 which targeted the southeast portion of the Douvray porphyry copper-gold prospect, Northeast Haiti, has intersected 0.25% Cu, 0.72 g/t Ag, 0.03 g/t Au and 9.21 ppm Mo over 294 m (Table 1). Hole D-012, drilled at 070o (Dip = -85oE) to a depth of 302 m aimed to duplicate the results of historical hole ONU-008 drilled by the United Nations Development Program (UNDP) in 1976 as part of its initial assessment of the Douvray prospect. Hole D-012 is located on section, 190 m to the East of drill hole D-008 which recently returned 0.232 % Cu over 422.60 m, the longest copper intercept on the SOMINE project to date (see Majescor Press Release dated May 23, 2012). In addition, chalcopyrite mineralization was intersected in drill holes D-010 (Dip = -90o) and D-013 (Dip = -75o E) drilled from the same platform as D-008 (Dip = -60o E). Samples for these holes have been submitted to Acme Labs analytical services in the Dominican Republic and complete assay results are pending. The mineralization encountered within these four holes conforms to the geometry noted on adjacent cross sections with the stronger copper mineralization (chalcopyrite/bornite) occurring within the mafic volcanic rocks i to a central porphyritic intrusion. A map showing the location of the drill holes at Douvray is available at the Company’s WEB site at www.majescor.com
Majescor is also pleased to report that on June 21, 2012, SIMACT Alliance Copper-Gold Inc. (“SACG”), a wholly-owned affiliate of the company and Haitian partner SOMINE SA, holder of the SOMINE project Research Permit, submitted two independent technical reports (non-National Instrument (NI) 43-101 compliant) authored by Montréal-based engineering firm AECOM Inc. to the Haitian Bureau of Mines and Energy (“BME”) in Port-au-Prince. The first report is on the Faille B gold prospect and the second is on the Douvray porphyry copper-gold prospect. The technical reports were filed pursuant to SOMINE SA’s obligations under the Mining Convention executed with the State of Haiti on May 5, 2005 and valid until March 9, 2020, and in support of SOMINE SA’s application to have the 50 km2 SOMINE Research Permit converted to: one (1) 25 km2 Mining Exploitation Permit covering the Blondin-Douvray-Dos Rada porphyry copper system which contains the Douvray porphyry copper-gold prospect; and one (1) 20 km2 Mining Exploitation Permit covering the Faille B vein gold prospect and host shear structure. The SOMINE Research Permit expired on June 22, 2012. Under the terms of the Mining Convention (Article 17), and conditional upon SOMINE SA honouring other provisions set-out in the Mining Convention, upon receiving the two technical reports, the BME has thirty (30) days to issue the two Mining Exploitation Permits. Under Haitian mining law, a Mining Exploitation Permit is valid for five (5) years and is renewable until the start of commercial mining at which time the permit shall be converted to a Mining Concession (valid for 25 years; renewable).
Daniel Hachey, President & CEO of Majescor stated: “The results from Hole D-012 are consistent with previously released drill results and they continue to demonstrate continuity in widths, depth and grade of the copper and precious metal mineralisation at Douvray, key elements for building volume and tonnage. To date, we have completed 17 holes (6,029.80 m) at Douvray. Our team of consultants, GeoSim Services Inc. and Buscore Consulting Ltd, are currently going through the final verifications on our first NI 43-101 compliant resource estimate at Douvray, slated for release shortly. This first resource estimate will focus on copper exclusively and it will incorporate some historic and all current drill holes up to and including D-008. We are planning an updated resource estimate which will include the remaining nine (9) drill holes at Douvray for release in October of this year. This revised estimate will form the basis of a first NI 43-101 compliant Preliminary Economic Assessment on the SOMINE project to start by year end.”
Mr. Hachey continued: “Our partner SOMINE SA’s recent application for two Mining Exploitation Permits in replacement of the original 50 km2 Research Permit also marks an important milestone in the 17-year history of the SOMINE project. SOMINE is the first mineral exploration project in Haiti to reach the mining permitting stage since the enactment of the current Haitian mining code in 1976. The BME’s decision is expected shortly”.
Table 1. Summary of best intercepts in Holes D-012
Hole Azimuth Dip From To Width Cu Au Ag Mo
(m) (m) (m) (%) (g/t) (g/t) (ppm)
D-012 070º -85º 8.00 302.00 294.00 0.25 0.03 0.72 9.21
Including 39.20 89.45 50.25 0.38 0.06 0.77 14.87
151.50 172.50 21.00 0.24 0.03 0.70 7.54
198.00 226.50 28.50 0.30 0.01 0.76 9.19
Drill hole D-012, along with results from previously released drill intersections and historic drilling at Douvray are shown in a new three-dimensional (“3D”) model of the Douvray prospect available at www.corebox.net. Sectional view of the drilling can also be seen within the CoreBox® WEB application. (Section ID = 00652). The Corebox® model highlights the extent of copper gold and silver mineralization underneath the ridge forming the topographic high that is over 200 m above the alluvial plane. Geological 3D modelling of the Douvray copper mineralization using Gemcom’s Surpac™ resource modelling software (under license to CanMineX Enterprises Ltd.) displays features of a “typical” porphyry copper deposit with a steep walled cylindrical central core comprised mostly of felsic porphyritic intrusive rock surrounded by mafic volcanic rocks. The mineralization occurs as disseminations or stockwork veins that appear to be concentrated in two steep strongly mineralized chutes on opposite sides of the central porphyritic core and with higher copper grades occurring within the mafic volcanic rocks closest to the core. Significant mineralization also occurs above the core giving an overall northwest/southeast trending anticlinal geometry to the copper mineralization.
Through the Corebox® Google Earth® plug-in, it can also be seen that the Douvray prospect is located at a horizontal distance of 11.68 km southeast of a deep water port under construction at the Caracol industrial park (www.ute.gouv.ht/caracol/index.php/).
As of July 23, the Company has completed 28 drill holes totalling 7,668 m out the planned 10,000 m core drilling program initiated on the SOMINE project in October 2011. The principal aim of the drilling is to replicate significant historical copper intercepts and apply NI 43-101 QA/QC standards, expand tonnage of the known copper mineralization, and provide sufficient additional data so a first NI 43-101 compliant mineral resource estimate can be completed on the Douvray prospect this year. This first NI 43-101 compliant mineral resource estimate will be followed by a Preliminary Economic Assessment.
SIMACT Alliance Copper Gold Inc. (“SACG”), a Majescor 100%-held subsidiary, is the operator of the SOMINE exploration program, per its agreement with partner and project title holder, SOMINE SA.
Core sampling, analysis and quality control
Core samples from the SOMINE Project are cut in half using a rock saw. The half samples are sent to Acme Labs’ sample preparation and expediting facility in the Dominican Republic (www.acmelab.com). All analytical work is performed at Acme’s laboratory in Santiago, Chile. All samples are analyzed by Agua Regia digestion, 1DX2 ICP-MS method. Any sample registering >1 wt % Cu is re-analysed using a four-acid total digestion by ICP-ES (Code 8TD-Cu), and any sample returning a value of greater than 100 ppb gold is re-analysed using gold Fire Assay AA finish. Acme Labs is an ISO 9001:2008 qualified assayer that performs and makes available internal assaying controls. Quality control protocols in place by Majescor/SACG consist of the insertion of one blank, one reject duplicate and one of three different certified reference standard materials in every batch of 20 samples. Core recovery in the mineralized zones has been averaging greater than 90% to date.
About the SOMINE Project
The SOMINE project consists of a Research Permit covering 50 km2, the mineral rights and obligations of which have been assigned under a Mining Convention executed between SOMINE SA and the State of Haiti on May 5, 2005 and valid until March 9, 2020. The Research Permit expired on June 22, 2012. On June 21, 2012 SOMINE SA filed two independent technical reports (non-National Instrument (NI) 43-101 compliant) to the BME in Port-au-Prince. The technical reports were filed pursuant to SOMINE SA’s obligations under the Mining Convention executed with the State of Haiti on May 5, 2005 and valid until March 9, 2020, and in support of SOMINE SA’s application to have the 50 km2 SOMINE Research Permit converted to: one (1) 25 km2 Mining Exploitation Permit covering the Blondin-Douvray-Dos Rada porphyry copper system which contains the Douvray porphyry copper-gold prospect; and one (1) 20 km2 Mining Exploitation Permit covering the Faille B vein gold-copper prospect and host shear structure. Under the terms of the Mining Convention (Article 17), and conditional upon SOMINE SA honouring other provisions set-out in the Mining Convention, upon receiving the two technical reports, the BME has thirty (30) days to issue the two Mining Exploitation Permits. Under Haitian mining law, a Mining Exploitation Permit is valid for five (5) years and is renewable until the start of commercial mining at which time the permit shall be converted to a Mining Lease (valid for 25 years; renewable).
SOMINE SA has also carried-out systematic soil sampling and prospecting work over four Prospecting Permits encompassing four 100 km2 areas lying to the East, South and Southeast of the permit subject to the Mining Convention. SOMINE SA has requested the conversion of 3 of 4 Prospecting Permits to Research Permits (50 km2 each) and has filed all technical and source documents in support of its application with the Haitian Bureau of Mines (“BME”).
About SIMACT Alliance Copper Gold Inc. and SOMINE SA
SIMACT Alliance Copper Gold Inc. (“SACG”) is a 100%-held subsidiary of Majescor. SACG is the majority shareholder of SOMINE SA, a registered Haitian corporation holding 100% of the mineral rights to the SOMINE project. SOMINE SA has designated SACG as the Technical Operator of the SOMINE project exploration programme.
About Majescor Resources Inc.
Majescor Resources Inc. is a junior explorer focusing on emerging mineral districts. In addition to the SOMINE project, Majescor's project portfolio includes the Mistassini uranium exploration projects in Quebec (under Joint-Venture: 40 % Majescor and 60% Strateco Resources Inc.) the Besakoa gold and base metal property in Madagascar (50%-50% joint venture with Sunridge Gold Corp.).
Dale Schultz M.Sc., P.Geo. (Manitoba and Saskatchewan), of Buscore Consulting Ltd (www.buscore.net) is the qualified person responsible for the technical data in this press release in compliance with National Instrument (“NI”) 43-101. This press release has been reviewed by C. Tucker Barrie, Ph.D., P.Geo. (Ontario), Vice President Exploration, a Director of Majescor and a qualified person under NI 43-101.
To find out more about Majescor Resources Inc. (TSX-V: MJX), SIMACT Alliance Copper Gold Inc., the SOMINE copper-gold Property as well as the Company’s Mistassini uranium and Besakoa copper/gold properties, please visit our website at www.majescor.com, or contact us directly at:
Daniel Hachey
President & CEO
Majescor Resources Inc.
dan@majescor.com
Tel: 905.206.1604
Fax: 613.241.7817
www.majescor.com
Forward-Looking Statements
This News Release may contain or refer to "forward-looking statements" which reflect Management's expectations regarding the Company's future growth, results of operations, performance and business prospects and opportunities. These statements reflect Management's current beliefs at the time of this news release and are based on information currently available to Management. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Majescor Resources inc., are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Management’s expectations are exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
let's not forget this: "The resource estimate, currently planned for release in August, will incorporate some historic and all current drill holes up to and including D-008 as well as a recently acquired bulk density data. An updated resource estimate which will include the remaining drill holes planned for this phase of resource drilling is expected to be completed in October of this year and will form the basis of a first NI 43-101 compliant PEA on the SOMINE project to start by year end."
more insider buying:
Filing
Date Transaction
Date Insider Name Ownership
Type Securities Nature of transaction # or value acquired or disposed of Unit
Price
Jul 19/12 Jul 19/12 Barrie, C. Tucker Direct Ownership Common Shares 10 - Acquisition in the public market 29,000 $0.115
Jul 19/12 Jul 19/12 Barrie, C. Tucker Direct Ownership Common Shares 10 - Acquisition in the public market 1,000 $0.110
after seeing the giant move by GQC and the move by CSQ the last few days... i have high hopes for MJX
i'm down a ton at the moment BUT i think we're 1 or 2 good holes away from the explosive movement i thought we would have seen by now
i remain hopeful (and broke lol)
g/l!
Filing
Date Transaction
Date Insider Name Ownership
Type Securities Nature of transaction # or value acquired or disposed of Unit
Price
Jul 18/12 Jul 18/12 Barrie, C. Tucker Direct Ownership Common Shares 10 - Acquisition in the public market 11,500 $0.110
Nothing I'm aware of. HOpefully something big happens and soon. I'm getting killed here
Any new updates or developments?
MAJESCOR - Stock Options Granted
Thursday, June 28, 2012
MONTREAL, QUEBEC June 28, 2012 - Majescor Resources Inc. (“Majescor” or the “Company”) (TSX-V: MJX) announces that, on June 27, 2012, in accordance with the Company’s compensation policy and stock option plan, the Board of Directors granted 1,100,000 stock options to Officers, Directors, and employees for a five-year period. Each stock option entitles the holder to subscribe for one common share of Majescor at a price of $0.15 per share.
About Majescor Resources Inc.
Majescor Resources Inc. is a junior explorer focusing on emerging mineral districts. In addition to the SOMINE project, Majescor's project portfolio includes the Mistassini uranium exploration projects in Quebec (under Joint-Venture: 40 % Majescor and 60% Strateco Resources Inc.) the Besakoa gold and base metal property in Madagascar (50%-50% joint venture with Sunridge Gold Corp.).
To find out more about Majescor Resources Inc. (TSX-V: MJX), SIMACT Alliance Copper Gold Inc., the SOMINE copper- gold Property as well as the Corporation’s Mistassini uranium and Besakoa copper/gold properties, please visit our website at www.majescor.com, or contact us directly at:
On behalf of the Board of Directors of Majescor Resources Inc.
Daniel Hachey
Majescor Resources Inc.
Tel.: 905.206.1604
Fax: 613.241.7817
Email: dan@majescor.com
Website: www.majescor.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange accepts responsibility for the adequacy or accuracy of this release.
Majescor Announces Share Purchase Warrants Extension
Monday, June 25, 2012
Montreal, QC, June 25, 2012. Majescor Resources Inc. (“Majescor” or “the Company”) (MJX: TSX-V) announces that, subject to regulatory approval, the Company will extend for a one-year period the expiry date of 5,000,000 common share purchase warrants (the “Warrants”) scheduled to expire on July 27, 2012 as well as 100,000 common share purchase warrants scheduled to expire on August 6, 2012 (collectively, the “Warrants”).
The Warrants were issued pursuant to a private placement completed by the Company in two tranches: on July 27, 2010 for gross proceeds of $2,500,000 and on August 6, 2010 for gross proceeds of $50,000. Each of the 5,000,000 and the 100,000 Warrants entitles the holder thereof the right to purchase one common share of Majescor at a price of $0.40 and will expire respectively on July 27, 2013 and August 6, 2013.
About Majescor Resources Inc.
Majescor Resources Inc. is a junior explorer focusing on emerging mineral districts. In addition to the SOMINE project, Majescor's project portfolio includes the Mistassini uranium exploration projects in Quebec (under Joint-Venture: 40 % Majescor and 60% Strateco Resources Inc.) the Besakoa gold and base metal property in Madagascar (50%-50% joint venture with Sunridge Gold Corp.).
To find out more about Majescor Resources Inc. (TSX-V: MJX), SIMACT Alliance Copper Gold Inc., the SOMINE copper- gold Property as well as the Corporation’s Mistassini uranium and Besakoa copper/gold properties, please visit our website at www.majescor.com, or contact us directly at:
On behalf of the Board of Directors of Majescor Resources Inc.
Daniel Hachey
Majescor Resources Inc.
Tel.: 905.206.1604
Fax: 613.241.7817
Email: dan@majescor.com
Website: www.majescor.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange accepts responsibility for the adequacy or accuracy of this release.
..Majescor Intersects 0.68 % Cu, 0.40 g/t Au, over 106.6 m at the Douvray Porphyry Copper-Gold Prospect, Northeast Haiti
Press Release: Majescor Resources Inc. – 1 hour 10 minutes ago
....
Share0EmailPrint.....Companies:...Majescor Resources, Inc. . ..RELATED QUOTES.
.Symbol Price Change
MJX.V 0.14 0.00
......MONTREAL, QUEBEC--(Marketwire -06/21/12)- Not for distribution to U.S. newswire services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities law
Majescor Resources Inc. ("Majescor" or the "Company") (MJX.V) is pleased to report that drill hole D-009 which targeted the eastern margin of the Douvray porphyry copper-gold prospect, Northeast Haiti, has intersected 0.68% Cu, 0.40 g/t Au, 3.27 g/t Ag and 80 ppm Mo over 106.6 m (see Table 1). Hole D-009 (Dip = -90 degrees ) is located 400 m to the North-Northeast of drill hole D-008 which recently returned 0.232 % Cu over 422.60 m, the longest copper intercept on the SOMINE project to date (see Majescor Press Release dated May 23, 2012). In addition, anomalous copper-gold intervals were intersected in drill hole D-011 (Dip = -70 degrees E) drilled from the same platform as D-009 (Table 1). A map showing the location of the drill holes at Douvray is available at the Company's WEB site at www.majescor.com.
The two latest drill holes, along with results from previously released drill intersections and historic drilling at Douvray, are shown in a new three-dimensional ("3D") model of the Douvray prospect available at www.corebox.net. Sectional view of the drilling can also be seen within the CoreBox® WEB application. (Section ID = 00652). The Corebox® model highlights the extent of copper gold and silver mineralization underneath the ridge forming the topographic high that is over 200 m above the alluvial plane. Geological 3D modelling of the Douvray copper mineralization using Gemcom's Surpac™ resource modelling software (under license to CanMinX Enterprises Ltd; http://canminx.ca.) displays features of a "typical" porphyry copper deposit with a steep walled cylindrical central core comprised mostly of felsic porphyritic intrusive rock surrounded by mafic volcanic rocks. The mineralization occurs as disseminations or stockwork veins that appear to be concentrated in two steep strongly mineralized chutes on opposite sides of the central porphyritic core and with higher copper grades occurring within the mafic volcanic rocks closest to the core. Significant mineralization also occurs above the core giving an overall northwest/southeast trending anticlinal form to the copper mineralization.
Through the Corebox® Google Earth® plug-in, it can also be seen that the Douvray prospect is located at a horizontal distance of 11.68 km southeast of a deep water port under construction at the Caracol industrial park (www.ute.gouv.ht/caracol/index.php/).
Daniel Hachey, President & CEO of Majescor stated: "Drill hole D-009 is among the best drilled at Douvray to date, and it demonstrates that the minimum 520 m-long mineralized system at Douvray contains zones of higher grade copper-gold-silver-molybdenum. Our geological team has found that more siliceous parts of the intrusions and adjacent volcanic rocks carry higher gold contents, and we will be targeting these high grade zones in the coming weeks."
Table 1. Summary of best intercepts in Holes D-009 and D-011
-----------------------------------------------------------------------
Hole Azimuth Dip From (m) To (m)
-----------------------------------------------------------------------
D-009 - -90 degrees 70.20 464.50
-----------------------------------------------------------------------
including 275.40 382.00
-----------------------------------------------------------------------
including 329.50 332.50
-----------------------------------------------------------------------
D-011 070 degrees -70 degrees 56.00 63.50
-----------------------------------------------------------------------
84.50 91.50
-----------------------------------------------------------------------
286.60 294.80
-----------------------------------------------------------------------
332.80 353.80
-----------------------------------------------------------------------
-----------------------------------------------------------------------
Hole Width (m) Cu (%) Au (g/t) Ag (g/t)
-----------------------------------------------------------------------
D-009 394.30(i) 0.32 0.12 1.34
-----------------------------------------------------------------------
including 106.60(ii) 0.68 0.40 3.27
-----------------------------------------------------------------------
including 3.00 0.45 6.29 4.45
-----------------------------------------------------------------------
D-011 7.50 0.39 0.01 0.51
-----------------------------------------------------------------------
7.00 0.49 0.01 0.41
-----------------------------------------------------------------------
8.20(iii) 0.44 0.21 2.16
-----------------------------------------------------------------------
21.00 0.29 0.10 1.69
-----------------------------------------------------------------------
(i) Interval also has 43.4 ppm molybdenum
(ii) Interval also has 80 ppm molybdenum
(iii) Interval also has 322 ppm molybdenum
To date, the Company has completed 19 holes totalling 5,962 m out the planned 10,000 m core drilling program initiated on the SOMINE project in October 2011. The principal aim of the drilling is to replicate significant historical copper intercepts and apply National Instrument ("NI") 43-101 QA/QC standards, expand tonnage of the known copper mineralization, and provide sufficient additional data so a NI 43-101 compliant mineral resource estimate can be completed on the Douvray prospect this year. This first NI 43-101 compliant mineral resource estimate will be followed by a Preliminary Economic Assessment ("PEA").
Majescor also reports that the NI 43-101 compliant resource estimate of the Douvray prospect is progressing on schedule under the leadership of GeoSim Services Inc. and Buscore Consulting Ltd (www.buscore.net), and in collaboration with Majescor.
The resource estimate, currently planned for release in August, will incorporate some historic and all current drill holes up to and including D-008 as well as a recently acquired bulk density data. An updated resource estimate which will include the remaining drill holes planned for this phase of resource drilling is expected to be completed in October of this year and will form the basis of a first NI 43-101 compliant PEA on the SOMINE project to start by year end.
SIMACT Alliance Copper Gold Inc. ("SACG"), a Majescor 100%-held subsidiary, is the operator of the SOMINE exploration program, per its agreement with partner and project title holder, SOMINE SA.
Core sampling, analysis and quality control
Core samples from the SOMINE Project are cut in half using a rock saw. The half samples are sent to Acme Labs' sample preparation and expediting facility in the Dominican Republic (www.acmelab.com). All analytical work is performed at Acme's laboratory in Santiago, Chile. All samples are analyzed by Agua Regia digestion, 1DX2 ICP-MS method. Any sample registering greater than 1 wt % Cu is re-analysed using a four-acid total digestion by ICP-ES (Code 8TD-Cu), and any sample returning a value of greater than 100 ppb gold is re-analysed using gold Fire Assay AA finish. Acme Labs is an ISO 9001:2008 qualified assayer that performs and makes available internal assaying controls. Quality control protocols in place by Majescor/SACG consist of the insertion of one blank, one reject duplicate and one of three different certified reference standard materials in every batch of 20 samples. Core recovery in the mineralized zones has been averaging greater than 90% to date.
About the SOMINE Project
The SOMINE project consists of a Research Permit covering 50 km2, the mineral rights and obligations of which have been assigned under a Mining Convention executed between SOMINE SA and the State of Haiti on May 5, 2005 and valid until March 9, 2020. SOMINE SA has also carried-out systematic soil sampling and prospecting work over four Prospecting Permits encompassing four 100 km2 areas lying to the East, South and Southeast of the permit subject to the Mining Convention. SOMINE SA has requested the conversion of 3 of 4 prospecting licenses to exploration licences (50 km2 each) and has filed all technical and source documents in support of its application with the Haitian Bureau of Mines ("BME").
About SIMACT Alliance Copper Gold Inc. and SOMINE SA
SIMACT Alliance Copper Gold Inc. ("SACG") is a 100%-held subsidiary of Majescor. SACG is the majority shareholder of SOMINE SA, a registered Haitian corporation holding 100% of the mineral rights to the SOMINE project. SOMINE SA has designated SACG as the Technical Operator of the SOMINE project exploration programme.
About Majescor Resources Inc.
Majescor Resources Inc. is a junior explorer focusing on emerging mineral districts. In addition to the SOMINE project, Majescor's project portfolio includes the Mistassini uranium exploration projects in Quebec (under Joint-Venture: 40 % Majescor and 60% Strateco Resources Inc.) the Besakoa gold and base metal property in Madagascar (50%-50% joint venture with Sunridge Gold Corp.).
Dale Schultz M.Sc., P.Geo. (Manitoba and Saskatchewan), of Buscore Consulting Ltd (www.buscore.net) is the qualified person responsible for the technical data in this press release in compliance with National Instrument ("NI") 43-101. This press release has been reviewed by C. Tucker Barrie, Ph.D., P.Geo. (Ontario), Vice President Exploration, a Director of Majescor and a qualified person under NI 43-101.
To find out more about Majescor Resources Inc. (MJX.V), SIMACT Alliance Copper Gold Inc., the SOMINE copper-gold Property as well as the Company's Mistassini uranium and Besakoa copper/gold properties, please visit our website at www.majescor.com.
Forward-Looking Statements
This News Release may contain or refer to "forward-looking statements" which reflect Management's expectations regarding the Company's future growth, results of operations, performance and business prospects and opportunities. These statements reflect Management's current beliefs at the time of this news release and are based on information currently available to Management. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Majescor Resources inc., are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Management's expectations are exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
..Contact:.
.
Daniel Hachey
President & CEO
Majescor Resources Inc.
905.206.1604
613.241.7817 (FAX)
dan@majescor.com
www.majescor.com
Wishful thinking!!!
Huh? We must not be looking at the same thing lol
Majescor intersects 0.232 % Cu over 422.6 m at the Douvray porphyry copper-gold prospect, Northeast Haiti – Confirms exploration potential to increase tonnage along strike
Wednesday, May 23, 2012
Not for distribution to U.S. newswire services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities law
Montreal, QC, May 23, 2012. Majescor Resources Inc. (“Majescor” or the “Company”) (MJX: TSX-V) is pleased to report
that drill Hole D-008 which targeted the southeast extension of the Douvray porphyry copper-gold prospect, Northeast Haiti, has intersected 0.232 % Cu over 422.60 m, the longest copper intercept on the SOMINE project to date. Hole D-008 (dip: -57o), which includes three significant sub-intercepts (Table 1), is located 520 m southeast of Hole D-005 (Dip: -90º), which in January yielded 0.60 % Cu over 212.80 m (see Majescor Press Release dated January 31, 2012). Hole D-008 results also confirm the presence of a wide zone of significant copper mineralization that extends vertically from surface to a depth approximately 250 m. Hole D-013, currently underway from the same platform (dip: -75º), is being drilled as an undercut hole to D-008 to test the continuity of the mineralization to depth. The extensions of the porphyry copper-precious metals system along strike to the southeast of hole D-008, including Dos Rada copper area, have yet to be drill tested. A map of the Douvray prospect area showing the location of the drill holes is available on the Company’s website at www.majescor.com.
Table 1. Summary of best intercepts in Hole D-008
Hole Azimuth Dip From (m) To (m) Width (m) Cu (%) Ag (g/t) Au (g/t)
D-008 070º -57º 17.00 439.60 422.60 0.232 0.42 0.03
including 54.50 144.50 90.00 0.310 0.51 0.03
including 236.20 287.95 51.75 0.384 0.66 0.08
including 313.45 423.10 109.65 0.300 0.60 0.04
Daniel Hachey, President & CEO of Majescor stated: “We are very pleased with the results from this latest hole at the Douvray porphyry copper-gold prospect which has extended the limits of the mineralisation defined by historical drilling by almost 300 m to the southeast. Hole D-008, once integrated in the resource estimate should demonstrate the exploration potential to increase tonnage at Douvray.”
To date, the Company has completed 15 holes totalling 5,012 m out the planned 10,000 m core drilling program initiated on the SOMINE project in October 2011. The principal aim of the drilling is to replicate significant historical copper intercepts, expand tonnage, and provide sufficient additional data for a first National Instrument (“NI”) compliant mineral resource estimate on the project this year, to be followed by a scoping study. In an effort to expedite the resource estimate process, a third Palo Verde Drilling Ltda core drilling rig has been mobilized to the project. This new, more powerful drill will allow Majescor to delineate the extensions of the mineralisation and test new targets to depths of over 600 m. The Company has also completed and released favourable preliminary metallurgical testing results with the best locked cycle tests yielded a recovery of 89.7 % from a concentrate grading 24.6 % Cu (see Majescor Press Release dated May 10, 2012).
Majescor also reports that the NI 43-101 mineral resource estimate of the Douvray prospect is progressing according to schedule under the leadership of GeoSim Services Inc. and Buscore Consulting Ltd, and in collaboration with Majescor. The resource estimate, currently planned for release in August, will incorporate historic and current drill holes up to and including D-008 as well as a recently completed Specific Gravity (SG) study. An updated mineral resource estimate which will include the remaining drill holes planned for this phase of drilling is expected to be completed in October and will form the basis of a first NI 43-101 compliant scoping study on the SOMINE project to start by year end.
SIMACT Alliance Copper Gold Inc. (“SACG”), Majescor 100%-held subsidiary, is the operator of the SOMINE exploration program, per its agreement with partner and project title holder, SOMINE SA.
Core sampling, analysis and quality control
Core samples from the SOMINE project are cut in half using a rock saw. The half samples are sent to AcmeLabs’ sample preparation and expediting facility in the Dominican Republic (www.acmelab.com). All analytical work is performed at Acme’s laboratory in Santiago, Chile. All samples are analyzed by Agua Regia digestion, 1DX2 ICP-MS method. Any samples registering >1 wt % Cu is reanalysed using a four-acid total digestion by ICP-ES (Code 8TD-Cu), and an sample returning a value of greater than 100 ppb gold is reanalysed using gold Fire Assay AA finish. AcmeLabs is an ISO 9001:2008 qualified assayer that performs and makes available internal assaying controls. Quality control protocols in place by Majescor/SACG consist of the insertion of one blank, one reject duplicate and one of three different certified reference standard materials in every batch of 20 samples. Core recovery in the mineralized zones has been averaging greater than 90% to date.
About the SOMINE Project
The SOMINE project consists of a Research Permit covering 50 km2, the mineral rights and obligations of which have been assigned under a Mining Convention executed between SOMINE SA and the State of Haiti on May 5, 2005 and valid until March 9, 2020. SOMINE SA has also carried-out systematic soil sampling and prospecting work over four Prospecting Permits encompassing four 100 km2 areas lying to the East, South and Southeast of the permit subject to the Mining Convention. SOMINE SA has requested the conversion of 3 of 4 prospecting licenses to exploration licences (50 km2 each) and has filed all technical and source documents in support of its application with the Haitian Bureau of Mines (BME).
About SIMACT Alliance Copper Gold Inc. and SOMINE SA
SIMACT Alliance Copper Gold Inc. (“SACG”) is a 100%-held subsidiary of Majescor. SACG is the majority shareholder of SOMINE SA, a registered Haitian corporation holding 100% of the mineral rights to the SOMINE project. SOMINE SA has designated SACG as the Technical Operator of the SOMINE project exploration programme.
About Majescor Resources Inc.
Majescor Resources Inc. is a junior explorer focusing on emerging mineral districts. In addition to the SOMINE project, Majescor's project portfolio includes the Mistassini uranium exploration projects in Quebec (under Joint-Venture: 40 % Majescor and 60% Strateco Resources Inc.) the Besakoa gold and base metal property in Madagascar (50%-50% joint venture with Sunridge Gold Corp.).
Dale Schultz M.Sc., P.Geo. (Manitoba and Saskatchewan), of Buscore Consulting Ltd (www.buscore.net) is the qualified person responsible for the technical data in this press release in compliance with National Instrument (“NI”) 43-101. This press release has been reviewed by Marc-André Bernier, M.Sc., P.Geo. (Québec and Ontario), Director of Majescor and a qualified person under NI 43-101.
To find out more about Majescor Resources Inc. (TSX-V: MJX), SIMACT Alliance Copper Gold Inc., the SOMINE copper-gold Property as well as the Company’s Mistassini uranium and Besakoa copper/gold properties, please visit our website at www.majescor.com, or contact us directly at:
Daniel Hachey
President & CEO
Majescor Resources Inc.
dan@majescor.com
Tel: 905.206.1604
Fax: 613.241.7817
www.majescor.com
Forward-Looking Statements
This News Release may contain or refer to "forward-looking statements" which reflect Management's expectations regarding the Company's future growth, results of operations, performance and business prospects and opportunities. These statements reflect Management's current beliefs at the time of this news release and are based on information currently available to Management. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Majescor Resources inc., are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Management’s expectations are exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Auguries—Is There None Such?
May 17, 2012
By Kevin Michael Grace
Gold was down (at press time) $20.50 (-1.3%) for the week to $1,574.40, and silver was down $1.04 (-3.6%) to $28.06. Gold gained $38.40 Thursday; the Financial Times attributed this to “heightening expectations of further US monetary stimulus, as weak manufacturing data in the Philadelphia region…took investors by surprise.”
GoldCore reported Thursday that “Gold fought back [Wednesday] after touching its lowest level since December 29, as concerns about Greece’s political instability and possible departure from the Euro prompted investors to buy back into bullion.” Our favourite wire service continues to maintain the exact opposite, of course.
Read the rest of this article on gold prices.http://resourceclips.com/2012/05/17/auguries-is-there-none-such/
Where are the financials for this company..nothing but form D's?
yes.. they are the same.. you just use mjxff to buy mjx in the US
Yes, it's the Pink listing, you might want to do just a little more DD...
Can we assume that TSX:MJX is the same as MJXFF?
Thanking you in advance for your response.
"July 5, 2011 - Majescor Resources Inc. (“ Majescor” or the“ Company”) ( TSX-V: MJX) ”) is pleased to announce that, through its wholly-owned subsidiary SIMACT Alliance Copper Gold Inc. (“ SACG”), it has agreed to acquire from an individual investor 13,000 voting shares of Société Minière du Nord-Est, S.A. (” SOMINE”), a company constituted under the laws of Haiti, in exchange for 275,000 common shares of the Corporation and a sum of $25,000. SACG presently holds 63.3% of the voting shares of SOMINE. "
Majority owner of Somine. I'll lookup the exact % tommorrow
Majescor owns SOMINE doesn't it? also look at majescor purchase from 2010 of all shares of the one haitian mining company after the earthquake occured. My take is majescor owns somine.
What the hell???!? Did it sound like they are trying to put a political awareness to it or did they actually hit something good?? Too bad they are omitting majescor or this thing would probably hit a buck Monday with this kind of pr
So for whatever reason I received the Sunday local paper today and I'll be damned if that story was not picked up, never mentioned majescor but referred to it as the Somine project...
Very interesting...
article discusses Majescor(mjx) and Newmont, and i quote," But mostly they talked about gold. "
nice exposure! http://www.businessweek.com/ap/2012-05/D9UMMSB02.htm
Prospectors ready to tap Haiti's buried gold
By MARTHA MENDOZA
TROU DU NORD, Haiti
Its capital is blighted with earthquake rubble. Its countryside is shorn of trees, chopped down for fuel. And yet, Haiti's land may hold the key to relieving centuries of poverty, disaster and disease: There is gold hidden in its hills -- and silver and copper, too.
A flurry of exploratory drilling in the past year has found precious metals worth potentially $20 billion deep below the tropical ridges in the country's northeastern mountains. Now, a mining company is drilling around the clock to determine how to get those metals out.
In neighboring Dominican Republic, workers are poised to start mining the other side of this seam later this year in one of the world's largest gold deposits: 23 million ounces worth about $40 billion.
Haiti's annual budget is $1 billion, more than half provided by foreign assistance. The largest single source of foreign investment, $2 billion, came from Haitians working abroad last year. A windfall of locally produced wealth could pay for roads, schools, clean water and sewage systems for the nation's 10 million people, most of whom live on as little as $1.25 a day.
"If the mining companies are honest and if Haiti has a good government, then here is a way for this country to move forward," said Bureau of Mines Director Dieuseul Anglade.
In a parking lot outside Anglade's marble-floored office, more than 100 families have been living in tents since the earthquake. "The gold in the mountains belongs to the people of Haiti," he said, gesturing out his window. "And they need it."
Haiti's geological vulnerability is also its promise. Massive tectonic plates squeeze the island with horrifying consequences, but deep cracks between them form convenient veins for gold, silver and copper pushed up from the hot innards of the planet. Prospectors from California to Chile know earthquake faults often have, quite literally, a golden lining.
Until now, few Haitians have known about this buried treasure. Mining camps are unmarked, and the work is being done miles up dirt roads near remote villages, on the opposite side of the country from the capital. But U.S. and Canadian investors have spent more than $30 million in recent years on everything from exploratory drilling to camps for workers, new roads, offices and laboratory studies of samples. Actual mining could be under way in five years.
"When I first heard whispers of this I said, `Gold mines? There could be gold mines in Haiti?'" said Michel Lamarre, a Haitian engineer whose firm, SOMINE, is leading the exploration. "I truly believe this is our answer to taking care of ourselves instead of constantly living on donations."
On a rugged, steep Haitian ridge far above the Atlantic, brilliant boulders coated with blue-green oxidized copper jut from the hills, while colorful pebbles litter the soil, strong indicators that precious metals lie below.
"Just look down," said geologist John Watkins. "Where there's smoke, there's fire."
Nearby, 8-year-old Whiskey Pierre and his barefoot buddies stared at a team of sweat-drenched men driving a narrow, shrieking diamond bit 900 feet into the ground.
"That is a drill!" shouted Whiskey, bouncing on his toes. "The man drill to get gold!"
The workers periodically pulled up samples and knocked them into boxes. The first 40 feet yielded loose rocks and gravel. About 160 feet down, cylinders of rock came back peppered with gold. At 1,000 feet down, rocks were heavily streaked with copper.
Geologists extrapolating from depth and strike reports estimate at least 1 million ounces of gold at two sites. In April, prospectors found the first significant silver ever reported in Haiti: between 20 million and 30 million ounces. And in the end, it may be copper that is the most lucrative: geologists suspect that more than 1 million tons lay in just one of many areas under exploration.
The prices of precious metals have been volatile in recent years, with copper selling for about $8,000 per ton, silver at $30 an ounce, and gold at $1,600 per ounce.
"Ultimately, I think mining is going to dwarf anything else in Haiti," says Michael Fulp, an Albuquerque, N.M.-based geologist who visited the drill sites. "Usually you've got about a one-in-1,000 chance of making a mine from the exploratory stage, but those odds are much better in Haiti because of the lack of any previous modern-day exploration and very, very promising samples."
Gold was last gathered in Haiti in the 1500s, after Christopher Columbus ran the Santa Maria onto a Haitian reef. Spaniards enslaved the Arawak Indians to dig for gold, killing them off with harsh conditions and infectious diseases. When the Spaniards learned of even more lucrative deposits in Mexico, they moved on.
In the 1970s, United Nations geologists documented significant pockets of gold and copper, but foreigners weren't willing to risk their cash in a country where corruption and instability has long discouraged outside investment.
Ironically, it was only after the catastrophic 2010 earthquake that investors saw real opportunity. Fifteen days after a seismic jolt brought down much of Port-au- Prince, a Canadian exploration firm acquired all of the shares of the only Haitian firm holding full permits for a promising chunk of land in the northeast.
"Investors want to get in at the bottom," said Dan Hachey, president of Majescor Resources, the Canadian company, "and I figured after that earthquake, Haiti was as low as it could get."
Hachey was also betting that the $10 billion in foreign assistance promised for earthquake recovery would force change and accountability.
"The eyes of the world will not allow the government to fool around," he said.
Three firms are considering mining in Haiti, but so far only SOMINE has full concessions to take the metals out of the mountains. Those permits, for 50 square kilometers (31 square miles), were negotiated in 1996 under President Rene Preval and require the firm to hire Haitians whenever possible.
In exchange for minimal permit fees, SOMINE committed to spend $2.25 million in the first two years. In addition, it will pay $1.8 million after a feasibility study, according to the contract.
Bottom line: Haitians should get $1 out of every $2 of profits, compared with about $1 out of $3 that most countries get from mining firms.
Discoveries of rich resources, whether diamonds, oil or gold, often prompt great economic booms but come with great risk of environmental, health and social problems. Chile, one of the wealthiest nations in Latin America, is the world's largest copper exporter, deriving a third of its income from the metal. Peru, with one of the fastest growing economies in the world, has privatized most of its mines in recent years, and now gets about 20 percent of its total revenues from the industry.
Though the contractual terms are generous for Haiti, there is plenty to be cautious about. Haiti's government is repeatedly rated as one of the most corrupt in the world. The mines would ostensibly be regulated by government officials responsible for enforcing environmental, mining and corporate laws, but at this point those officials don't exist and there are neither plans nor budgets to hire them.
Further, open pit mines, common around the world, are crater-like holes made up of a series of massive terraced steps that drop thousands of feet into the ground. When the resources are exhausted, usually after about 25 years, the pits can be refilled or converted into reservoirs. In many cases, the mines leave serious problems -- environmental contamination, displaced communities and mountaintops torn asunder.
From Papua New Guinea to the Philippines to Brazil, mining accidents have allowed tons of waste to be spilled into rivers and lakes, creating environmental disasters.
"In low-income countries, the dangers are substantial," said UCLA political science professor Michael Ross. "The great irony of mineral wealth is that those countries that most desperately need infusions of mineral revenue -- low-income countries with weak governments -- are also least likely to manage these resources wisely, for the benefit of the country.
Already, the hundreds of jobs, the new roads and the community investment in a country where two out of three people have no formal employment is much appreciated.
Stone cutter Joseph Bernard, 47, says that before he got a job slicing rock samples, his family was going hungry. They had one cow. Their peanut and bean fields had gone to dust after months without rain.
Today, his wife has launched a business selling seeds, and his son and two daughters have started school.
"I found a job, but many didn't," he said, wiping a trickle of sweat from his deeply lined cheeks after a recent shift. "If more companies come, more people will work."
In a sleepy exploration camp at sunset, Hachey and his competitor, Daven Mashburn of Newmont Mining Corp., met to talk business over bottles of Haiti's Prestige beer, bumping fists in the low-germ "cholera handshake" that has replaced the traditional palm grip after last year's deadly epidemic.
The men talked labor -- Newmont got 10,000 applications for 100 jobs when one project started up last month. They talked logistics -- core samples are sliced in half, bagged, and flown to Santiago, Chile, where it takes 21 days to find out how much gold, silver or copper they contain. They talked hurricanes, cholera, political unrest and, yes, the earthquake -- Mashburn spent four hours buried under piles of rock in Port-au- Prince, eventually pulled out with fractures from head to toe.
But mostly they talked about gold.
"Of all the places we work in the world," said Mashburn, whose company has operations in eight countries on five continents, "it would be really most satisfying to have success here. Haiti has great mineral wealth, and they surely could use it."
3rd rig!, "a third Palo Verde drill rig has just been mobilized at the project. This new, more powerful drill will allow Majescor to delineate the extensions of the mineralisation and test new targets to depths of over 600 m.”
"
Majescor reports favourable initial metallurgical test results for copper, gold, silver and molybdenum at the Douvray porphyry copper-gold prospect, SOMINE project, Northeast Haiti - Hires QP for Douvray resource estimation
Thursday, May 10, 2012
Not for distribution to U.S. newswire services or for dissemination in the United States. Any failure to comply with this restriction may constitute a violation of U.S. securities laws.
Montreal, QC, May 10, 2012. Majescor Resources Inc. (“Majescor” or the “Company”) (MJX: TSX-V) is pleased to report favourable initial metallurgical test results for a composite sample assembled from drill core for the Douvray porphyry copper-gold prospect on its SOMINE project in Northeast Haiti. Majescor is half way through a 10,000 m core drilling program focussed on Douvray, along with other targets including the Blondin porphyry copper-gold prospect and the Faille B vein gold prospect. The principal aim of the drill program is to replicate significant historical copper and gold intercepts, improve grade and tonnage, and provide sufficient additional data for a first National Instrument (“NI”) compliant resources estimate on the project this year, to be followed by a scoping study in early 2013. To date, the Company has reported significant intercepts in the sulphide zone in 5 holes at Douvray, in one hole at Blondin, and in four holes at Faille B (See Majescor press releases dated August 13 and December 10, 2011; January 10, January 21, March 13, and April 11, 2012).
Douvray prospect metallurgical test results
The first sample submitted for metallurgical testing comprised of a composite of 95 kg assembled from mineralised intervals from three of the first five holes drilled at Douvray as part of Phase I of the drill program (3,500 m; completed in December 2011). The individual samples consisted of material collected from drill core coarse rejects archived at ACME Labs’ preparation facility in Maimón, Dominican Republic. These samples were selectively chosen to represent typical Douvray copper mineralization. The coarse reject samples were then submitted to Metchib metallurgical laboratories in Chibougamau, northern Québec. At Metchib laboratories, the coarse rejects were homogenized into a composite metallurgical sample, then split into four 24 kg lots, each of which were subjected to different grinding and flotation tests. The best locked cycle tests yielded a recovery of 89.7 % from a concentrate grading 24.6 % Cu. This represents an average feed grade of 0.619 % Cu from a grind of 75 microns (K80 = 75 µm or 200 mesh). Also within the concentrate, the gold, silver and molybdenum values are 4 g/t Au, 67 g/t Ag and 0.07 % Mo, indicating recovery rates of 70.9%, 87.4% and 71.7%, respectively; most of these metals report to the copper concentrate. A total of 10.3 % of the copper reported to tails containing a grade of 0.067 % Cu.
Daniel Hachey, President & CEO of Majescor stated: “We are very pleased with the high recovery rates obtained for copper, gold, silver and molybdenum in the initial metallurgical tests at Douvray. It is particularly encouraging that in these tests, much of the gold, silver and molybdenum report to the copper concentrate without the necessity of further recovery techniques. These tests will be supplemented with further metallurgical work in due course as we progress with the advanced exploration program at the SOMINE project. To this end, a third Palo Verde drill rig has just been mobilized at the project. This new, more powerful drill will allow Majescor to delineate the extensions of the mineralisation and test new targets to depths of over 600 m.”
In addition to the metallurgical testing, the Company has just completed an in-house mineralogical study of samples of Douvray sulphide mineralization. The mineralogical study has found that the majority of the copper within the sulphide zone is present as chalcopyrite and bornite. Other sulphide or sulfosalt minerals present include pyrite; and, in minor to trace quantities: molybdenite, covellite, digenite, hessite, clausthalite, galena, and sphalerite.
Majescor is also pleased to report that it has retained the services of Ron Simpson, P.Geo. of GeoSim Services Inc. of Vancouver, British Columbia, to oversee the Douvray porphyry copper-gold prospect NI 43-101 resources estimation process. Mr. Simpson is a Professional Geoscientist with 30 years of international experience in mineral exploration. He has specialized in resource estimation, GIS and property evaluation since 1987. The ongoing resources estimation process is a multidisciplinary effort involving geoscientists from Buscore Consulting under the leadership of Dale Schultz M.Sc., P.Geo. (Manitoba and Saskatchewan), and from Majescor under the leadership of C. Tucker Barrie, Ph.D., P.Geo. (Ontario).
SIMACT Alliance Copper Gold Inc. (“SACG”), Majescor 100%-held subsidiary, is the operator of the SOMINE exploration program, per its agreement with partner and project title holder, SOMINE SA.
About the SOMINE Project
The SOMINE project consists of a Research Permit covering 50 km2, the mineral rights and obligations of which have been assigned under a Mining Convention executed between SOMINE SA and the State of Haiti on May 5, 2005 and valid until March 9, 2020. SOMINE SA has also carried-out systematic soil sampling and prospecting work over four Prospecting Permits encompassing four 100 km2 areas lying to the East, South and Southeast of the permit subject to the Mining Convention. SOMINE SA has requested the conversion of 3 of 4 prospecting licenses to exploration licences (50 km2 each) and has filed all technical and source documents in support of its application with the Haitian Bureau of Mines (BME).
About SIMACT Alliance Copper Gold Inc. and SOMINE SA
SIMACT Alliance Copper Gold Inc. (“SACG”) is a 100%-held subsidiary of Majescor. SACG is the majority shareholder of SOMINE SA, a registered Haitian corporation holding 100% of the mineral rights to the SOMINE project. SOMINE SA has designated SACG as the Technical Operator of the SOMINE project exploration programme.
About Majescor Resources Inc.
Majescor Resources Inc. is a junior explorer focusing on emerging mineral districts. In addition to the SOMINE project, Majescor's project portfolio includes the Mistassini uranium exploration projects in Quebec (under Joint-Venture: 40 % Majescor and 60% Strateco Resources Inc.) the Besakoa gold and base metal property in Madagascar (50%-50% joint venture with Sunridge Gold Corp.).
C. Tucker Barrie, Ph.D., P.Geo. (Ontario) is the qualified person responsible for the technical data in this press release in compliance with National Instrument (NI) 43-101.
To find out more about Majescor Resources Inc. (TSX-V: MJX), SIMACT Alliance Copper Gold Inc., the SOMINE copper-gold Property as well as the Company’s Mistassini uranium and Besakoa copper/gold properties, please visit our website at www.majescor.com, or contact us directly at:
Daniel Hachey
President & CEO
Majescor Resources Inc.
dan@majescor.com
Tel: 905.206.1604
Fax: 613.241.7817
www.majescor.com
Forward-Looking Statements
This News Release may contain or refer to "forward-looking statements" which reflect Management's expectations regarding the Company's future growth, results of operations, performance and business prospects and opportunities. These statements reflect Management's current beliefs at the time of this news release and are based on information currently available to Management. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Majescor Resources inc., are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Management’s expectations are exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Shock Waves
Majescor Flourishes in Post-Quake Haiti
By Ted Niles
Dan Hachey tells a revealing story. The President/CEO of Majescor Resources TSXV:MJX relates how, “A few weeks ago, an institutional investor came up to us and said, ‘You are the guys working in Haiti? Well, God bless you and good luck,’ and he walked away. That’s what we’ve had to deal with from the beginning on this project.” Haiti has a reputation that’s hard to shake, but Hachey is confident that, paradoxically enough, one of the worst natural disasters of recent years will prove to be the catalyst of a national renaissance.
Haiti is the poorest country in the Americas and has been, over the last century, plagued by a succession of bloody dictatorships, coups d’état and failed attempts at democratic reform. In January 2010, it was traumatized by an earthquake and subsequent cholera outbreak that resulted in the deaths of over 300,000.
Read more about the Majescor Haiti gold play. http://resourceclips.com/2012/04/30/shock-waves/
Nice intersects. Thanks for posting that as I'm on the road and didn't
NEWS
Majescor Confirms 154 g/t Silver (4.49 oz/ton) Over 12 m in Sulphide Zone in Hole B-001, Blondin Porphyry Copper-gold Prospect, Northeast Haiti
Includes high grade intervals of 869 g/t silver (25.35 oz/ton) and 301 g/t Ag (8.78 oz/ton) over 1.5 m
http://finance.yahoo.com/news/majescor-confirms-154-g-t-120000218.html
MONTREAL, QUEBEC--(Marketwire -04/11/12)- NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.
Majescor Resources Inc. ("Majescor" or the "Company") (TSX-V: MJX.V - News) is pleased to confirm final silver assay results for a high-grade intercept in drill hole B-001 at the Blondin porphyry copper-gold prospect, on its SOMINE porphyry copper-gold and vein gold-silver project in Northeast Haiti. Blondin is the second porphyry target on the SOMINE project which also includes the Douvray porphyry copper-gold prospect (see Majescor press release dated February 6, and March 13, 2012).
nice! there was 212k on the ask at .165 and it got eaten in 1 swoop.. i would have done the same had i not blown my load here at .27 lol
MAJESCOR ANNOUNCES THE FINAL CLOSING OF ITS NON-BROKERED PRIVATE PLACEMENT
Tuesday, March 27, 2012
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
Montreal, Quebec, March 27, 2012 - Majescor Resources Inc. (“Majescor” or the “Corporation”) (TSX-V: MJX) is pleased to announce that it has completed the 2nd and final tranche of its non-brokered private placement by issuing 540,000 units (the “Units”) at a price of $0.25 per Unit for gross proceeds of $135,000. Each Unit consists of one common share of the Corporation (a “Common Share”) and one-half of one common share purchase warrant. Each whole warrant entitles its holder to acquire one additional Common Share of the Corporation at a price of $0.40 per share until March 22, 2014.
The Corporation paid a cash commission of $8,000 and issued 32,000 non-transferable warrants, each warrant entitling the holder to acquire one Common Share of the Corporation at a price of $0.25 per share until March 22nd, 2014. All securities issued in the private placement are subject to a four month hold period expiring on July 23rd, 2012.
In connection with the offering, Majescor issued a total of 10,880,000 Units at a price of $0.25 per Unit for total gross proceeds of $2,720,000. The net proceeds will be used to advance the Corporation’s exploration program on the SOMINE Copper-Gold project in Haiti and fund its general working capital. For more information on the previous closing held in connection with the offering, please refer to the press release issued by the Corporation on March 2, 2012.
Correction to News Release of March 2, 2012
The second paragraph should read: “ The Corporation paid a cash commission of $191,400 and issued 729,600 non-transferrable warrants…” instead of “The Corporation paid a cash commission of $181,400 and issued 689,600 non-transferable warrants…”
About the SOMINE Project
The SOMINE project consists of a Research Permit covering 50 km2, the mineral rights and obligations of which have been assigned under a Mining Convention executed with the State of Haiti on May 5, 2005 and valid until March 9, 2020. SACG has also carried-out systematic soil sampling and prospecting work over four Prospecting Permits encompassing four 100 km2 areas lying to the East, South and Southeast of the permit subject to the Mining Convention. SOMINE SA has requested the conversion of 3 of 4 prospecting licenses to exploration licenses (50 km2 each) and has filed all technical and source documents in support of its application with the Haitian Bureau of Mines (BME).
About SIMACT Alliance Copper Gold Inc. and SOMINE SA
SIMACT Alliance Copper Gold Inc. (“SACG”) is a 100%-held subsidiary of Majescor. SACG is the majority shareholder of SOMINE SA, a registered Haitian corporation holding 100% of the mineral rights to the SOMINE project. SOMINE SA has designated SACG as the Technical Operator of the SOMINE project exploration program.
About Majescor Resources Inc.
Majescor Resources Inc. is a junior explorer focusing on emerging mineral districts. In addition to the SOMINE project, Majescor's project portfolio includes the Mistassini uranium exploration projects in Quebec (under Joint-Venture: 40 % Majescor and 60% Strateco Resources Inc.) the Besakoa gold and base metal property in Madagascar (50%-50% joint venture with Sunridge Gold Corp.).
To find out more about Majescor Resources Inc. (TSX-V: MJX), SIMACT Alliance Copper Gold Inc., the SOMINE copper- gold Property as well as the Corporation’s Mistassini uranium and Besakoa copper/gold properties, please visit our website at www.majescor.com, or contact us directly at:
On behalf of the Board of Directors of Majescor Resources Inc.
Daniel Hachey
Majescor Resources Inc.
Tel.: 905.206.1604
Fax: 613.241.7817
Email: dan@majescor.com
Website: www.majescor.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange accepts responsibility for the adequacy or accuracy of this release.
Majescor Reports 72 g/t Silver (2.3 oz/ton) Over 15 m in Supergene Oxide Zone and 0.43 % Cu and 17 g/t Ag Over 113 m in Sulphide Zone at Blondin Porphyry Copper-Gold Prospect, Northeast Haiti;...
Majescor Reports 72 g/t Silver (2.3 oz/ton) Over 15 m in Supergene Oxide Zone and 0.43 % Cu and 17 g/t Ag Over 113 m in Sulphide Zone at Blondin Porphyry Copper-Gold Prospect, Northeast Haiti;...
...Second Drill rig on Site
MONTREAL, QUEBEC--(Marketwire - March 13, 2012) -
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWS.
Majescor Resources Inc. ("Majescor" or the "Company") (TSX VENTURE:MJX) is pleased to report assay results for the first drill hole (B-001) at the Blondin porphyry copper-gold prospect, on its SOMINE porphyry copper-gold and vein gold-silver project in Northeast Haiti. Blondin is the second porphyry target on the SOMINE project which also includes the Douvray porphyry copper-gold prospect (see Majescor press release dated February 6, 2012).
Hole B-001 is located approximately 2 000 m to the Northwest of the Douvray prospect and it was drilled at an angle of -90° to a depth of 287 m. Hole B-001 returned the following intercepts:
Oxide zone: 72.4 g/t Ag and 0.05% Cu over 15.0 m (from 0 to 15.0 m);
Sulphide zone: 0.43% Cu, 0.02 g/t Au and 16.9 g/t Ag over 113 m (or0.65% Cu equivalent* over 113 m) (from 173.0 to 286.0 m) including:
4.44% Cu and 6.2 g/t Ag over 1.5m (from 265.0 to 266.5 m);
and
0.44% Cu and 1.7 g/t Ag over 7.5 m (from 24 to 31.5 m);
0.27% Cu and 0.6 g/t Ag over 18.6 m (from 55.5 to 74.1 m).
* using Cu - US$3.00/lb; Au - US$1,200/lb; Ag - US$25.00/lb.
In addition to these results, both oxide and sulfide zones in hole B-001 host multiple anomalous tungsten assays (present value = ~$50/kg FeW) at >100 ppm (ICP analyses). Majescor has requested that the anomalous tungsten analyses be rechecked for their values using a separate analytical technique. High tungsten is also present in the supergene oxide zone at Douvray, and over limit assays will be rechecked there as well.
Daniel Hachey, President & CEO of Majescor commented that: "This first significant copper intercept in the sulphide zone at the Blondin prospect, together with the discovery of a new silver-enriched oxide cap, are very encouraging and complement the excellent results recently produced at Douvray. Having just closed a financing and adding a second drill on site to accelerate the 10,000 m core drilling program, the coming months should generate additional exciting results. We are very pleased with the progress made by our Haitian-Canadian exploration team and we are working hard to have all the elements in place for the delivery of a first NI 43-101 compliant resource estimate on the SOMINE project by year-end 2012."
Recent drilling at the Douvray porphyry copper prospect returned the following intercepts:
Hole D-001: 26.7 g/t Ag and 0.14 % Cu over 10.5 m in the supergene oxide zone and 0.50 % Cu, 1.47 g/t Ag, and 0.06 g/t Au over 231 m (or0.56 % Cu equivalent* over 231 m) in the underlying primary sulphide zone (see Majescor press release dated December 13, 2011);
Hole D-002: 255 g/t Ag (7.4 oz/T), 0.35 % Cu, and 0.02 g/t Au over 13.5 m in the supergene oxide zone and 0.78% Cu, 0.10 g/t Au, and 2.82 g/t Ag over 295.1 m (or0.87 % Cu equivalent* over 295.1 m) in the underlying primary sulphide zone (see Majescor Press release dated January 10, 2012);
Hole D-004: 277 g/t Ag (or 8.1 oz/T), 0.18 % Cu, and 0.04 g/t Au over 13.5 m in the supergene oxide zone (see Majescor press release dated February 1, 2012);
Hole D-005: 0.60% Cu, 0.08 g/t Au, 0.88 g/t Ag over 212.80 m in the primary sulphide zone at hole D-005 (see Majescor Press Release dated January 31, 2012);
Majescor is also pleased to report that a second Palo Verde Drilling Ltda drill rig is now on site at the SOMINE project and is presently collaring porphyry copper-gold targets along the southern side of the Douvray prospect. The arrival of the second drill coincides with the beginning of Phase 2 (6,500 m) of the SOMINE project core drilling program (total: 10,000 m). The aim of the drilling program is to delineate a first National Instrument (NI) 43-101 compliant resource estimate on the SOMINE project by year-end 2012.
Work is proceeding well on the SOMINE project now that the base camp is established at Roche-Plate and all Haitian and Canadian geologists and technicians have been fully integrated into the exploration program. The SOMINE project currently employs, in addition to Buscore Consulting staff, approximately 50 Haitians as geologists, technicians and various support staff, and another 50-100 Haitians as day laborers for drill moves and drill pad set-ups.
Northeast Haiti is active in terms of industry and economic development, with a recently completed campus for a new State University, and a large industrial park with port facilities under construction at Caracol, all within 20 km of the SOMINE project. The Haitian government is actively seeking foreign investment, and lists mining, ecotourism and agriculture as three significant growth areas. A recent meeting of the Haitian Government and the Club de Madrid (which includes ex-presidents of Latin American countries) in Port-au-Prince noted that developing a sustainable mining industry is an excellent way to build an economy and create employment for a developing country such as Haiti. Majescor and its Haitian partner SOMINE SA recognize this, and they are fostering this sentiment with the Haitian government.
SIMACT Alliance Copper Gold Inc. ("SACG"), Majescor 100%-held subsidiary, is the operator of the SOMINE exploration program, per its agreement with partner and project title holder, SOMINE SA.
Core sampling, analysis and quality control
Core samples from the SOMINE Project are cut in half using a rock saw. The half samples are sent to AcmeLabs' sample preparation and expediting facility in the Dominican Republic (www.acmelab.com). All analytical work is performed at Acme's laboratory in Santiago, Chile. All samples are analyzed by G601 and 1D01 methods. Any samples registering >1 wt % Cu is reanalysed using a four-acid total digestion by ICP-ES (Code 8TD-Cu). AcmeLabs is an ISO 9001:2008 qualified assayer that performs and makes available internal assaying controls. Quality control protocols in place by Majescor/SACG consist of the insertion of one blank, one reject duplicate and one of three different certified reference standard materials in every batch of 20 samples. Core recovery in the mineralized zones has been averaging greater than 90% to date.
About the SOMINE Project
The SOMINE project consists of a Research Permit covering 50 km2, the mineral rights and obligations of which have been assigned under a Mining Convention executed between SOMINE SA and the State of Haiti on May 5, 2005 and valid until March 9, 2020. SOMINE SA has also carried-out systematic soil sampling and prospecting work over four Prospecting Permits encompassing four 100 km2 areas lying to the East, South and Southeast of the permit subject to the Mining Convention. SOMINE SA has requested the conversion of 3 of 4 prospecting licenses to exploration licences (50 km2 each) and has filed all technical and source documents in support of its application with the Haitian Bureau of Mines (BME).
About SIMACT Alliance Copper Gold Inc. and SOMINE SA
SIMACT Alliance Copper Gold Inc. ("SACG") is a 100%-held subsidiary of Majescor. SACG is the majority shareholder of SOMINE SA, a registered Haitian corporation holding 100% of the mineral rights to the SOMINE project. SOMINE SA has designated SACG as the Technical Operator of the SOMINE project exploration programme.
About Majescor Resources Inc.
Majescor Resources Inc. is a junior explorer focusing on emerging mineral districts. In addition to the SOMINE project, Majescor's project portfolio includes the Mistassini uranium exploration projects in Quebec (under Joint-Venture: 40 % Majescor and 60% Strateco Resources Inc.) the Besakoa gold and base metal property in Madagascar (50%-50% joint venture with Sunridge Gold Corp.).
C. Tucker Barrie, Ph.D., P.Geo (Ontario) is the qualified person responsible for the technical data in this press release in compliance with National Instrument (NI) 43-101.
To find out more about Majescor Resources Inc. (TSX VENTURE:MJX), SIMACT Alliance Copper Gold Inc., the SOMINE copper-gold Property as well as the Company's Mistassini uranium and Besakoa copper/gold properties, please visit our website at www.majescor.com.
Forward-Looking Statements
This News Release may contain or refer to "forward-looking statements" which reflect Management's expectations regarding the Company's future growth, results of operations, performance and business prospects and opportunities. These statements reflect Management's current beliefs at the time of this news release and are based on information currently available to Management. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Majescor Resources inc., are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Management's expectations are exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Marketwire International
March 13, 2012 - 8:00 AM EDT
PDAC pdf,while googling PDAC and majescor found this->
http://www.majescor.com/uploads/march2_mab1.pdf
MAJESCOR ANNOUNCES THE CLOSING OF THE 1ST TRANCHE OF A NON-BROKERED PRIVATE PLACEMENT FOR $2,585,000
Friday, March 02, 2012
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
Ottawa, Ontario, March 2, 2012 - Majescor Resources Inc. (“Majescor” or the “Corporation”) (TSX-V: MJX) is pleased to announce that it has completed a non-brokered private placement by issuing 10,340,000 units (the “Units”) at a price of $0.25 per Unit for gross proceeds of $2,585,000. Each Unit consists of one (1) common share of the Corporation (a “Common Share”) and one-half (½) of one common share purchase warrant. Each whole warrant entitles its holder to acquire one additional Common Share of the Corporation at a price of $0.40 per share for a period of twenty-four (24) months from the date of closing. Officers and Directors of the Corporation have participated in the private placement for a total amount of $125,000.
The Corporation paid a cash commission of $181,400 and issued 689,600 non-transferable warrants, each warrant entitling the holder to acquire one Common Share of the Corporation at a price of $0.25 per share for a period of twenty-four (24) months from the date of closing ending on March 1st, 2014. All securities issued in the private placement are subject to a four month hold period expiring on June 30, 2012. The net proceeds will be used to advance the Corporation’s exploration program on the SOMINE Copper-Gold property in Haiti and to fund its general working capital.
“We wish to thank everyone who has participated in this private placement. We are very pleased to close the first tranche of the offering which will allow Majescor to advance its exploration program on the SOMINE copper-gold project in Haiti,” stated Dan Hachey, President and Chief Executive Officer.
About the SOMINE Project
The SOMINE project consists of a Research Permit covering 50 km2, the mineral rights and obligations of which have been assigned under a Mining Convention executed with the State of Haiti on May 5, 2005 and valid until March 9, 2020. SACG has also carried-out systematic soil sampling and prospecting work over four Prospecting Permits encompassing four 100 km2 areas lying to the East, South and Southeast of the permit subject to the Mining Convention. SOMINE SA has requested the conversion of 3 of 4 prospecting licenses to exploration licenses (50 km2 each) and has filed all technical and source documents in support of its application with the Haitian Bureau of Mines (BME).
About SIMACT Alliance Copper Gold Inc. and SOMINE SA
SIMACT Alliance Copper Gold Inc. (“SACG”) is a 100%-held subsidiary of Majescor. SACG is the majority shareholder of SOMINE SA, a registered Haitian corporation holding 100% of the mineral rights to the SOMINE project. SOMINE SA has designated SACG as the Technical Operator of the SOMINE project exploration program.
About Majescor Resources Inc.
Majescor Resources Inc. is a junior explorer focusing on emerging mineral districts. In addition to the SOMINE project, Majescor's project portfolio includes the Mistassini uranium exploration projects in Quebec (under Joint-Venture: 40 % Majescor and 60% Strateco Resources Inc.) the Besakoa gold and base metal property in Madagascar (50%-50% joint venture with Sunridge Gold Corp.).
To find out more about Majescor Resources Inc. (TSX-V: MJX), SIMACT Alliance Copper Gold Inc., the SOMINE copper- gold Property as well as the Corporation’s Mistassini uranium and Besakoa copper/gold properties, please visit our website at www.majescor.com, or contact us directly at:
On behalf of the Board of Directors of Majescor Resources Inc.
Daniel Hachey
Majescor Resources Inc.
Tel.: 905.206.1604
Fax: 613.241.7817
Email: dan@majescor.com
Website: www.majescor.com
more insider activity: http://www.canadianinsider.com/node/7?ticker=mjx
insider: As of 11:59pm ET February 29th, 2012
Filing
Date Transaction
Date Insider Name Ownership
Type Securities Nature of transaction # or value acquired or disposed of Unit
Price
Feb 29/12 Feb 29/12 Barrie, C. Tucker Direct Ownership Common Shares 10 - Acquisition in the public market 150,000 $0.250
"The Offering is expected to close on, or about Feb 29, 2012"
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Share Structure
As at July 31, 2011
Common Shares Issued | 58,284,410 |
Warrants Including:
| 18,593,800 |
Directors & Employees Stock Options Granted Including:
| 3,427,500 |
Fully Diluted Capitalization | 80,305,710 |
Majescor Resources (TSX-V:MJX) recently completed the purchase of a 100% interest in SIMACT Alliance Copper Gold, a Montreal based private company headed by a group of Canadian financiers and Haitian American developers. SIMACT in turn controls just approximately 62% of a Haitian based company that owns the Somine copper-gold Property, located in the highly prospective Northeast mineral district of the country.
The 50 km2 Somine Property contains the Blondin and Douvray porphyry copper gold prospects, and the Faille B quartz vein gold prospect, along with a number of other areas that exhibit surface mineralization for copper and gold.
The Property's mineral rights and the titleholder's obligations have been assigned under a Mining Convention executed with the State in May 2005 and valid for an initial 20-year period. The company, through its Haitian partner, has also applied for three additional 50 km2 exploration permits located in the general vicinity of the Somine Property. The attribution of the new permits is pending.
This belt is part of a much larger cretaceous island arc, located along the northern margin of the Caribbean Plate. This also includes the Pueblo Viejo Deposit which is located within the Dominican Republic, and is known as one of the world's largest gold deposits, with a total resource that contains approximately 30 million ounces of gold and 500 million pounds of Copper.
The Somine Property is located within the Massif-du-Nord complex and abuts permits that are part of a joint venture between Eurasian Minerals (TSX:EMX) and Newmont Mining (NYSE:NEM). Newmont is currently funding a $30 million, multi year, regional exploration program in northern Haiti that has already reported copper, gold and silver assays that has potential to develop into a series of discoveries on a district scale. At the Truel License, the partners are reporting high grade copper, gold and silver veins extending over 6 kilometers.
Majescor's project portfolio also includes
Two uranium exploration projects in Quebec: Mistassini (100%-owned; under-owned)
Madagascar (under option to Sunridge Gold Corp.)
These are Eurasia/Newmont's properties
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