Majestic Gold Corp.

Majestic Gold announces that it purchased 500,000 common shares of the Company at an average purchase price of $0.055 during July 2021, pursuant to the Company's previously announced normal course issuer bid. The Company intends to continue purchasing its Common Shares under its NCIB and will be updating the market on the progress on a monthly basis. Majestic's current NCIB commenced on June 3, 2021 and expires on June 2 [...]

Majestic Gold Corp. is pleased to announce that it has entered into a letter of intent with Western Explorers PTY Ltd. , a private Australian corporation, to acquire a 65% interest in four separate tenements located in Western Australia, an area with demonstrated potential for the discovery of lithium oxide mineralization. E36/918 This tenement has been granted and consists of 2 blocks located 150 kms North of Leonora [...]

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 strategy, can therefore be an effective use of its capital in delivering [...]

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, 2021 and associated Management Discussion and Analysis which are available [...]

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 mining operations at the Songjiagou Open Pit Gold Mine by early June 2021 [...]

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 associated Management Discussion and Analysis which are available on SEDAR [...]

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. The Company would also like to provide an update on its March 1, 2021 news [...]

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 targets and one nickel-cobalt target identified in previous exploration programs [...]

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 Xiadian town of Zhaoyuan city took the lives of six workers on February [...]

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 1,144 metres of aircore of drilling being completed in testing two discrete [...]