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04.04.2014
Majestic Gold: Review of Operation Completed

REVIEW OF OPERATION COMPLETED

 

Vancouver, British Columbia April 3, 2014 - Majestic Gold Corp. (“Majestic” or the “Company”) (TSX.V: MJS, FSE: A0BK1D) is pleased to announce the completion of an operational review of the Company’s Songjiagou mine by Paul Blair, a Seattle based mining engineer with extensive experience in China.  The goal of Mr. Blair’s trip was to evaluate all aspects of the operation and to make recommendations to enhance overall gold production at Songjiagou. Following Stephen Kenwood’s appointment as President of Majestic, he travelled to Songjiagou to meet with Mr. Blair and had an opportunity to discuss the various recommendations while on site.

 

In priority are recommendations that would yield better control of and an increase in the grade of material going to the mill.  Mr. Blair suggested a refinement of the company's mine pit plan by the use of continuous sampling from blast hole cuttings.  The drills will be adapted to collect the cuttings as drilled from which representative samples can be taken to be evaluated on a daily basis on-site at the Company’s assay facility, which is currently handling about 50 mill process samples per day.  In this way, grade information will be immediately available during the loading cycle allowing lower grade material to be separated from the throughput to the mill and removed as waste.   This is particularly crucial at Songjiagou, as visually ore and waste are not discernibly discrete.

 

While at Songjiagou, Mr. Kenwood also met with mine-site personnel and the mining contractor, Yantai Dahedong Processing Co. Ltd. (“Dahedong”), and was able to discuss the recommendations from the operational review.  Mr. Kenwood is pleased to report that Dahedong is supportive of this approach.  The revised mining and milling agreement has been finalized and now reflects Majestic’s responsibility for overall mine design and planning and allowing Majestic to direct the mining activity, including the disposal of waste material.

 

The geological and technical information contained in this news release has been reviewed and approved by Stephen Kenwood, P. Geo., who is a qualified person under the definitions established by National Instrument 43-101.

 

About Majestic Gold

 

Currently focused solely in China, Majestic Gold Corp. is a Vancouver, BC based company engaged in commercial gold production at the Songjiagou Gold Mine in Yantai, China.  The mine is an open pit and underground operation. Additional information on the Company and its projects is available at www.sedar.com and on the Company’s website at www.majesticgold.net.

 

For further information, please contact:

 

James Mackie, Chief Financial Officer & Corporate Secretary

Telephone: (604) 801-9990

Email: info@majesticgold.net

Website: www.majesticgold.net

 

Cautionary Notes

Certain statements contained herein may constitute forward