Majestic Announces Significant Trench Results at Song Jiagou
05 September 2008 - 10:32AM
Marketwired
Majestic Gold Corp. (TSX VENTURE: MJS) ("Majestic" or "the
Company") is pleased to announce results from the 3,329 metres of
trenching at its Song Jiagou operation located in Shandong
Province, China. Highlights from the program include:
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Trench Drill
Number From (m) To (m) Width Au g/t
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CK4-2 - 24.00 24.00 1.10
---------------------------------------------------------------------------
Includes 7.00 24.00 17.00 1.48
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Including 19.00 21.00 2.00 10.48
---------------------------------------------------------------------------
CK16-1 16.00 25.00 9.00 2.35
---------------------------------------------------------------------------
Includes 24.00 25.00 1.00 17.00
---------------------------------------------------------------------------
69.00 142.90 73.90 1.63
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Includes 72.00 73.00 1.00 1.76
---------------------------------------------------------------------------
Includes 86.50 142.90 56.40 2.05
---------------------------------------------------------------------------
Including 94.50 95.50 1.00 1.68
---------------------------------------------------------------------------
Including 101.50 103.50 2.00 2.99
---------------------------------------------------------------------------
Including 107.90 113.90 6.00 4.92
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Including 118.90 131.90 13.00 4.74
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Including 139.90 140.90 1.00 2.13
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CK24-1 27.00 82.00 55.00 0.87
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Includes 41.00 82.00 41.00 1.11
---------------------------------------------------------------------------
Including 41.00 42.00 1.00 2.78
---------------------------------------------------------------------------
Including 65.00 66.00 1.00 1.65
---------------------------------------------------------------------------
Including 81.00 82.00 1.00 35.80
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"We are extremely encouraged by these results as they indicate
the occurrence of significant gold mineralization at the surface of
the deposit and proximal to the historic excavations," stated Rod
Husband, President of Majestic Gold Corp. "This data provides
further evidence of the continuity of the mineralization and the
potential for bulk mining."
During the fourth quarter of 2007 Majestic also conducted a
shallow drill program consisting of 12 holes to evaluate down-dip
of the surface mineralization identified proximal to the historic
excavations. Initial results from the follow-up drill program are
expected shortly.
Trenching was conducted within, and proximal to, three (3)
historic shallow surface excavations at Song Jiagou. Trench lines
were spaced at approximately 30 metres along a deposit strike
distance of 450 metres (+). The trenching evaluated between
100m-300m of linear distance across the deposit. Sampling was
conducted on contiguous 1m intervals for the mineralized host rock.
Sample analysis was conducted by (ISO certified) SGS
Laboratories.
This news release was reviewed by Qualified Persons as defined
by National Instrument 43-101, including Rod Husband, P.Geo., who
has prepared the technical information contained herein.
On Behalf of the Board of Directors
Rod Husband, P.Geo., Director
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.
Appendix A - Trench Results at Song Jiagou
(CK equals trenching within current pits, TC equals trenching surrounding
current pits)
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Trench Drill
Number From (m) To (m) Width Au g/t
---------------------------------------------------------------------------
CK0-1 3.00 89.90 86.90 0.37
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Includes 54.90 89.90 35.00 0.68
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Including 87.90 89.90 2.00 6.88
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105.90 123.20 17.30 0.32
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Includes 117.20 118.20 1.00 2.04
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CK3-1 no intervals
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CK4-1 - 111.90 111.90 0.46
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Includes - 56.90 56.90 0.61
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Including - 1.00 1.00 2.77
---------------------------------------------------------------------------
Including 4.00 5.00 1.00 1.54
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Including 8.00 9.00 1.00 1.59
---------------------------------------------------------------------------
Including 11.00 12.00 1.00 2.33
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Including 20.00 21.00 1.00 1.54
---------------------------------------------------------------------------
Including 23.00 24.00 1.00 1.71
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Includes 82.90 95.90 13.00 0.59
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Including 89.90 90.90 1.00 2.75
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CK4-2 - 24.00 24.00 1.10
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Includes 7.00 24.00 17.00 1.48
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Including 19.00 21.00 2.00 10.48
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CK7-1 - 38.00 38.00 0.35
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Includes - 21.00 21.00 0.51
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Including 12.00 14.00 2.00 1.67
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CK8-1 8.00 132.80 124.80 0.68
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Includes 42.00 132.80 90.80 0.86
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Including 56.40 57.40 1.00 1.71
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Including 71.40 75.40 4.00 2.16
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Including 83.40 85.40 2.00 2.94
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Including 94.10 97.10 3.00 2.03
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Including 110.80 128.80 18.00 1.67
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CK12-1 63.80 79.20 15.40 0.35
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91.20 100.20 9.00 1.47
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Includes 92.20 100.20 8.00 1.61
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Including 98.20 100.20 2.00 5.05
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CK16-1 16.00 25.00 9.00 2.35
---------------------------------------------------------------------------
Includes 24.00 25.00 1.00 17.00
---------------------------------------------------------------------------
69.00 142.90 73.90 1.63
---------------------------------------------------------------------------
Includes 72.00 73.00 1.00 1.76
---------------------------------------------------------------------------
Includes 86.50 142.90 56.40 2.05
---------------------------------------------------------------------------
Including 94.50 95.50 1.00 1.68
---------------------------------------------------------------------------
Including 101.50 103.50 2.00 2.99
---------------------------------------------------------------------------
Including 107.90 113.90 6.00 4.92
---------------------------------------------------------------------------
Including 118.90 131.90 13.00 4.74
---------------------------------------------------------------------------
Including 139.90 140.90 1.00 2.13
---------------------------------------------------------------------------
CK24-1 27.00 82.00 55.00 0.87
---------------------------------------------------------------------------
Includes 41.00 82.00 41.00 1.11
---------------------------------------------------------------------------
Including 41.00 42.00 1.00 2.78
---------------------------------------------------------------------------
Including 65.00 66.00 1.00 1.65
---------------------------------------------------------------------------
Including 81.00 82.00 1.00 35.80
---------------------------------------------------------------------------
CK28-0 - 58.00 58.00 0.36
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Includes 7.00 25.00 18.00 0.91
---------------------------------------------------------------------------
Including 17.00 18.00 1.00 9.33
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CK28-1 1.00 41.00 40.00 0.98
---------------------------------------------------------------------------
Includes 2.00 12.00 10.00 0.72
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Including 4.00 5.00 1.00 1.57
---------------------------------------------------------------------------
Including 7.00 8.00 1.00 2.65
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Includes 29.00 41.00 12.00 2.51
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Including 30.00 31.00 1.00 1.71
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Including 39.00 40.00 1.00 23.60
---------------------------------------------------------------------------
CK32-1 7.00 126.00 119.00 0.49
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Includes 43.00 46.00 3.00 1.74
---------------------------------------------------------------------------
Includes 84.00 126.00 42.00 0.82
---------------------------------------------------------------------------
Including 92.00 94.00 2.00 2.32
---------------------------------------------------------------------------
Including 109.00 115.00 6.00 1.79
---------------------------------------------------------------------------
Including 119.00 125.00 6.00 1.83
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CK36-1 1.00 109.20 108.20 0.48
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Includes 23.00 24.00 1.00 1.58
---------------------------------------------------------------------------
Includes 58.70 107.20 48.50 0.81
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Including 70.70 71.70 1.00 2.81
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Including 81.20 82.20 1.00 2.66
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Including 87.20 101.20 14.00 1.79
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CK40-1 - 112.00 112.00 0.36
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Includes - 39.00 39.00 0.51
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Including 10.00 11.00 1.00 2.06
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Including 13.00 15.00 2.00 1.61
---------------------------------------------------------------------------
Including 23.00 24.00 1.00 2.67
---------------------------------------------------------------------------
Includes 61.00 62.00 1.00 5.66
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TC0-1 1.00 15.00 14.00 0.28
---------------------------------------------------------------------------
23.00 37.00 14.00 0.28
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TC0-2(A) no intervals
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TC0-2(B) no intervals
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TC0-3 3.00 16.00 13.00 0.47
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Includes 3.00 12.00 9.00 0.59
---------------------------------------------------------------------------
Including 11.00 12.00 1.00 2.39
---------------------------------------------------------------------------
57.00 82.00 25.00 0.43
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Includes 58.00 69.00 11.00 0.76
---------------------------------------------------------------------------
Including 58.00 59.00 1.00 4.26
---------------------------------------------------------------------------
Including 67.00 68.00 1.00 1.70
---------------------------------------------------------------------------
TC3-1 13.00 41.00 28.00 0.56
---------------------------------------------------------------------------
Includes 21.00 31.00 10.00 1.17
---------------------------------------------------------------------------
Including 21.00 25.00 4.00 2.53
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TC3-2(A) 55.40 62.40 7.00 0.45
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TC3-2(B) no intervals
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TC4-1 5.00 23.00 18.00 1.91
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Includes 6.00 19.00 13.00 2.57
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Including 6.00 18.00 12.00 2.71
---------------------------------------------------------------------------
TC4-2 - 18.00 18.00 0.33
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TC4-3 no intervals
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TC7-1 no intervals
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TC7-2(A) 20.00 21.00 1.00 1.77
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TC7-2(B) 162.30 163.30 1.00 1.80
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TC8-1 1.00 25.00 24.00 0.39
---------------------------------------------------------------------------
Includes 5.00 21.00 16.00 0.51
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42.00 59.00 17.00 0.48
---------------------------------------------------------------------------
Includes 45.00 59.00 14.00 0.52
---------------------------------------------------------------------------
75.00 119.00 44.00 0.35
---------------------------------------------------------------------------
Includes 75.00 91.00 16.00 0.53
---------------------------------------------------------------------------
Including 90.00 91.00 1.00 4.81
---------------------------------------------------------------------------
Includes 117.00 119.00 2.00 1.57
---------------------------------------------------------------------------
TC8-2 no intervals
---------------------------------------------------------------------------
TC8-3 6.00 44.20 38.20 0.40
---------------------------------------------------------------------------
Includes 12.00 36.70 24.70 0.51
---------------------------------------------------------------------------
Including 12.00 14.00 2.00 3.96
---------------------------------------------------------------------------
TC11-1(A) - 44.00 44.00 0.31
---------------------------------------------------------------------------
TC11-1(A) Includes 14.00 25.00 11.00 0.53
---------------------------------------------------------------------------
TC11-1(B) 182.00 203.00 21.00 0.33
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TC12-1 94.00 99.00 5.00 2.04
---------------------------------------------------------------------------
Includes 98.00 99.00 1.00 9.34
---------------------------------------------------------------------------
TC12-2 4.00 22.00 18.00 0.33
---------------------------------------------------------------------------
TC15-1 91.00 101.00 10.00 0.58
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Includes 100.00 101.00 1.00 3.83
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TC16-1 3.00 41.10 38.10 0.30
---------------------------------------------------------------------------
Includes 20.10 23.10 3.00 1.44
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146.10 147.10 1.00 3.63
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TC16-2 7.00 13.70 6.70 1.16
---------------------------------------------------------------------------
Includes 11.00 13.00 2.00 2.96
---------------------------------------------------------------------------
Including 12.00 13.00 1.00 5.22
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TC19-1 no intervals
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TC20-1 no intervals
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TC20-2 3.00 8.00 5.00 0.55
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24.00 57.00 33.00 0.38
---------------------------------------------------------------------------
Includes 39.00 52.00 13.00 0.51
---------------------------------------------------------------------------
Including 45.00 46.00 1.00 2.21
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TC24-1 no intervals
---------------------------------------------------------------------------
TC24-2 67.00 104.50 37.50 0.28
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Includes 70.00 71.00 1.00 1.97
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TC28-1 no intervals
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TC32-1 15.00 25.00 10.00 0.28
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TC32-2 1.00 11.50 10.50 0.33
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TC36-1 no intervals
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TC36-2 0.00 10.30 10.30 0.32
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TC40-1 4.00 18.00 14.00 0.39
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TC40-2 3.50 13.50 10.00 0.30
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TC44-1 no intervals
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The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
Contacts: Majestic Gold Corp. Investor Relations (604) 681-4653
or 1-866-282-8398 (604) 683-6557 (FAX) Email: info@majesticgold.net
Website: www.majesticgold.net
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