Majestic Gold Corp. is pleased to announce its intention to effect a Normal Course Issuer Bid, subject to receipt of TSXV regulatory approval. Majestic believes that the market price of its common shares does not reflect the underlying value of the Company. Majestic's repurchase of its Shares under the NCIB Program as part of its capital allocation [...]
Majestic Gold Corp. reports its financial and operational results for the first quarter ended March 31, 2021. The following financial results are expressed in US dollars unless otherwise stated. This release should be read in conjunction with the Company's unaudited condensed consolidated interim financial statements for the quarter end March 31 [...]
Majestic Gold Corp. is pleased to announce that its operating subsidiary, Yantai Zhongjia Mining Co. Ltd., has received governmental approval to resume operations at its Songjiagou North Underground Mine following the successful completion its cautionary safety inspection. The Company further anticipates receiving governmental approval to resume [...]
Majestic Gold Corp. announces its financial and operational results for the year ended December 31, 2020. The following financial results are expressed in US dollars unless otherwise stated. This release should be read in conjunction with the Company's audited consolidated financial statements for the years ended December 31, 2020 and 2019 and [...]
Majestic Gold Corp. is pleased to announce that its operating subsidiary, Yantai Zhongjia Mining Co. Ltd. , has secured the renewal of its Songjiagou North Underground mining license until February of 2031. The mining license covers essentially the same area of almost 0.414 square kilometers and from +142 down to minus 270 meters above sea level [...]
Majestic Gold Corp. is pleased to report on results from its recently completed drill program at the Fair Adelaide Project, located approximately 60 kilometres northwest of Kalgoorlie in the Ora Banda region of Western Australia. The drill program consisted of a total of 21 holes drilled with 1,144 meters of aircore drilling, testing two gold [...]
Majestic Gold Corp. reports that further to the Company's news release of January 27, 2021, the provincial government in Shandong has mandated the closure, effective immediately, of all non-coal operations in the province following a second major mine accident that occurred in the region. An underground fire at the Caojiawa underground gold mine in [...]
Majestic Gold Corp. is pleased to report that it has completed its initial drill program at the Fair Adelaide Project, located in Western Australia. The goal of this initial program at Fair Adelaide was to confirm and expand on mineralisation in holes drilled by previous operators. The drill program consisted of a total of 21 holes drilled with [...]
Majestic Gold Corp. reports that the mining operations have been curtailed at Majestic's Songjiagou open pit and underground mines pending a cautionary safety review by the Shandong Provincial and Yantai City governments. The Company expects the review to be completed by the end of February and confirms that its safety permits for both its [...]
Majestic Gold Corp. reports that it will commence a 1,200 metre aircore drill program at its Fair Adelaide Project, located in Western Australia. It will be the first phase of drilling undertaken by the Company at Fair Adelaide and will consist of a number of short holes to inexpensively confirm and expand on mineralization in holes drilled by [...]
Majestic Gold Corp. reports its financial and operational results for the third quarter ended September 30, 2020. This release should be read in conjunction with the Company's unaudited condensed consolidated interim financial statements and associated management discussion and analysis for the same period that are available on SEDAR and [...]
Majestic Gold Corp. reports its financial and operational results for the second quarter ended June 30, 2020. This release should be read in conjunction with the Company's unaudited condensed consolidated interim financial statements and associated management discussion and analysis for the same period that are available on SEDAR and [...]
