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Re: News Releases - Wednesday, December 23, 2009
Majestic Gold Appoints Vice President Development and Exploration
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Vancouver, British Columbia, December 23, 2009 -- Majestic Gold Corp.
(TSX.V: MJS) is pleased to announce it has recently appointed Mike
Hibbitts as Vice President Development and Exploration.
Mr. Hibbitts is a professional geologist and senior mining professional
with over 30 years of extensive and progressive experience and a proven
track record from early exploration through to feasibility, mine
development, and production. He has held senior positions at numerous
public Canadian mining companies including: Silvercorp Metals Inc., New
Gold Inc., Northgate Exploration Ltd., Royal Oak Mines, and Noranda
Mines, among others. Specific skills include exploration, economic
feasibility analysis, and project development including permitting. He
has extensive experience in management of all aspects of early
development of deposits as well as mature operations. He is an
experienced officer of mining companies with a solid track record of
exploration, development, production and safety. He has international
experience in exploration and mining more specifically in Canada, South
America, Mexico, China and the United States. He was co-recipient of
the E.A. Scholts award for his work in the development of the Kemess
Mine in Northern BC by the BC and Yukon Chamber of Mines in 2002.
Mike has just returned from China and reports, "I visited the Muping
mine site where I was pleased to see that the Muping mine is operating
at 1,500 tons per day, its maximum millable tonnage. Muping is fully
permitted with an existing Chinese mining license and Majestic is
expecting to expand this to 6,000 tons per day as per the studies
performed by Wardrop Engineering."
On Behalf of the Board of Directors
MAJESTIC GOLD CORP.
Signed "Rod Husband"
Rod Husband, P.Geo.
President and CEO
Contact:
Investor Relations: (604) 681-4653 or 1-866-282-8398
Email: info@majesticgold.net or visit our Website: www.majesticgold.net
Neither the 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.
This news release may contain forward-looking statements including but
not limited to comments regarding the timing and content of upcoming
work programs, geological interpretations, receipt of property titles,
potential mineral recovery processes, etc. Forward-looking statements
address future events and conditions and therefore involve inherent
risks and uncertainties. Actual results may differ materially from
those currently anticipated in such statements.
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Copyright (c) 2009 MAJESTIC GOLD CORP. (MJS) All rights reserved. For
more information visit our website at http://www.majesticgold.net/ or
send mailto:info@majesticgold.net
Message sent on Wed Dec 23, 2009 at 11:21:38 AM Pacific Time
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Majestic Gold Corp.
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DEVELOPMENT STAGE |
CODE : MJS.V |
ISIN : CA5609121077 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Majestic Gold is a gold exploration company based in Canada. Majestic Gold holds various exploration projects in China. Its main asset in development is SONG JIAGOU in China and its main exploration property is SAWAYAERDUN in China. Majestic Gold is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 68.4 millions as of today (US$ 50.1 millions, € 46.8 millions). Its stock quote reached its highest recent level on March 14, 1997 at CA$ 2.00, and its lowest recent point on September 04, 2009 at CA$ 0.02. Majestic Gold has 912 270 016 shares outstanding. |