| Symbol | MJGCF |
|---|---|
| Name | MAJESTIC GOLD CORP. |
| Sector | UNDEFINED |
| Region | North America |
| Industry | - |
| Address | V6E 3L2 Canada BC 502 - 535 Thurlow St. |
| Telephone | 604-681-4653 |
| Fax | — |
| — | |
| Website | http://www.majesticgold.net |
| Incorporation | CA |
| Incorporated On | 1986 |
| Employees | — |
| Fiscal Year | 9/30 |
| Public Since | — |
| Exchanges | OTC |
| Auditor | DMCL Chartered Accountants; |
| Audit Status | AUDITED |
| Reporting Status | International Reporting: TSX Venture Exchange |
| CIK | — |
| Description | Majestic Gold is currently in the commissioning stage of its flag ship property in China and currently is mining gold at a rate of 3000 tonnes per day. Based on a recent independent preliminary assessment report Majestic Golds flag ship property is valued at US$ 525 Million using a 10% discount rate. Over the life of the mine production is expected to reach a total of 2.3 Million ounces of gold with an average of 105,000 ounces per year. With revenues of over $5 million for 2010 alone the Company is poised to continue to meet or exceed its production targets. Additional info from OTC: |
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