Majestic Gold Provides Update on Mill Construction
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 04/27/11 -- Majestic Gold Corp. (TSX VENTURE: MJS) ('Majestic') is pleased to provide a progress update on the new mill construction for the company's flagship Song Jiagou project.
The mill is in the commissioning stage and has begun running ore through the mill in order to access the efficiency of the mill. Majestic expects to run at an initial throughput rate of 3,000 tonnes per day and progressively move upwards towards full capacity of 6,000 tonnes per day once the mill is running at optimal efficiency.
Ore that has been stockpiled at the new mill in order to streamline the commissioning process is currently being processed as part of the commissioning stage. In addition, Majestic is pleased to announce that the tailings dam is fully completed and all tailings lines and water return systems are in place and now in use.
'We are excited by the prospect of getting the new mill on line and being in a position to significantly increase production levels,' stated Rod Husband, President of Majestic. 'This represents a significant milestone in our transition from exploration to production.'
On Behalf of the Board of Directors
MAJESTIC GOLD CORP.
Rod Husband, P.Geo., President
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.
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.
Contacts:
Majestic Gold Corp.
Investor Relations
(604) 681-4653 or 1-866-282-8398
(604) 568-4902 (FAX)
info@majesticgold.net
www.majesticgold.net