MJS FactSheet March 2013

Embed Size (px)

Citation preview

  • 7/27/2019 MJS FactSheet March 2013

    1/4

    A n e me r

    ging

    go

    ldp

    roduc

    er

    TSX-V: MJ

    FSE: A0BK1

    502-535 Thurlow St. Vancouver, Canada. V6E

    T: 1 .6 04 .6 81 .4 65 3 E : in fo @m aj es ti cg ol

    www.majesticgold.

  • 7/27/2019 MJS FactSheet March 2013

    2/4

    Majestic Gold Corp., headquartered in Vancou

    Canada, is an emerging gold producer in Shand

    Province, Ch

    TSX-V: M

    FSE: A0BK

    ww.majesticgold.net 502-535 Thurlow St. Vancouver, Canada. V6T: 1 .6 04 .6 81 .4 65 3 E : in fo @m aj es ti cg ol

    ushers and conveyors at main mill

    Song Jiagou Property

    CHINA

    Shan

    dong

    March 2013

    Prov

    ince

    18,969 oz GOLD PRODUCED in 2012Large NI 43 101 gold resource *

    In production in a prolific gold producing region

    Low P/NAV multiple based on current market cap. of $125,00

    Achievable growth strategy

    Strong financial position

    Re-rating expected based on valuations of comparable compat or near production

    Indicated 1.24 M oz, 33.7 M tonnes at 1.147 g/t Au

    119% increase in gold production: 18,969 oz in 2012 vs 8,671 oz of gold in 20

    Project NPV of $525 Mi (using Wardrops gold price of US $973/oz) a current

    P/NAV multiple of 0.27 times

    Current in-situ multiple of $31/oz, vs average of $111/oz for comparable comp

    Potential to expand resource

    Inferred 1.83 M oz, 38.8 M tonnes at 1.467 g/t Au

    Located in Muping County on the Jiadong Peninsula, Shandong Province

    Region produces 25% of Chinas annual gold production

    Project NPV of $975 Mi (using current gold prices of US $1,500/oz) a current

    P/NAV multiple of 0.15 times

    Optimize production

    Revenue increase 197% from year end 2011 to year end 2012

    Gold sales increased 152% from year end 2011 to year end 2012

    Record gold revenue of $13.6 million Q4 2012

    Growth through mergers and acquisitions

    Increase exposure to Asian investors

    Initiated a formal search for potential merger and acquisition opportunities

    Initiated discussion to exchange a 25% interest in JVCo for the 25% net profi

    interest currently held by Dahedong

    Latest corporate update news release(Feb. 1 2013)

    Mr. Gengshu Miao was appointed to the Companys Board of Directors

    Gold production for the Q1 of FY 2013 reached 4,813 oz

    Representatives have met with prospective sponsors and lawyers in relation

    Hong Kong listing

  • 7/27/2019 MJS FactSheet March 2013

    3/4

  • 7/27/2019 MJS FactSheet March 2013

    4/4

    SCLAIMERjestic Gold Corp. (Majestic or the Company), has taken all reasonable care in producingblishing information contained on this factsheet, and will endeavor to do so regularly. Material oeet may still contain technical or other inaccuracies, omissions, or typographical errors, for jestic assumes no responsibility. The Company does not warrant or make any representarding the use, validity, accuracy, completeness or reliability of any claims, statemen

    ormation on this factsheet. Under no circumstances, including, but not limited to, negligencejestic be liable for any direct, indirect, special, incidental, consequential or other damluding but not limited to, loss of data, loss of programs, loss due to computer of other systems of profits, whether or not advised of the possibility of damage arising from the use, or inabie, the material on this sheet. The information is not a substitute for independent professional a

    ore making any investment decisions. Furthermore, you may not modify or reproduce in any ctronic or otherwise, any information on this sheet, except for personal use unless you ained managements express permission. The TSX Venture Exchange has not reviewe

    ormation on this factsheet and does not accept responsibility for the adequacy or accuracy of

    rward Looking Statements:The information on this sheet includes certain Forward-Lotements within the meaning of securities exchange regulation. All statements regarding pot

    neralization and reserves, exploration results, and future plans and objectives of Majestic rp., are Forward-Looking Statements that involve various risks and uncertainties. There can surance that such statements will prove to be accurate and actual results and future events er materially from those anticipated in such statements. Important factors that could cause ults to differ materially from Majestic Gold Corp.s expectations are disclosed under the he

    sk Factors and elsewhere in Majestic Gold Corp. documents filed from time to time witcurities regulatory authorities.

    43-101 Disclosure:Unless otherwise noted, all of Majestics exploration programs and the reclosure of information of technical or scientific nature are prepared by or prepared under the

    pervision of Rod Husband, P.Geo, President and CEO who is a Qualified Person as defined101. This sheet and several associated documents refer to a Preliminary Economic AssesEA) prepared by Wardrop Engineering Ltd., and dated February 25, 2011. Wardrop Engine. are consultants, all of whom are independent of Majestic and are Qualified Persons as defin

    ction 1.4 of National Instrument 43-101. The Companys production decision was not basedsibility study of mineral reserved demonstrating economic and technical viability. The Compduction decision was made based on the open pit optimization resource model set out i

    liminary Economic Assessment (PEA), which takes into account the relatively low mining gotiated by the Company. The pit optimization that was conducted in the preliminary assesnerated a production schedule summary at grade cutoff of 0.30 gram per tonne Au. Theludes the inferred mineral resources that are considered too speculative geologically to havonomic considerations applied to them that would enable them to be categorized as merves. There is no certainty that the preliminary assessment will ever be realized. Mineral resot are not mineral reserves do not have demonstrated economic viability. Open pit optimizatioried out using Whittle 4.3 which uses a series of Lerchs Grossman (LG) pit shells at different pgold to optimize the size of the pit while maximizing Net Present Value (NPV) of the depositulting LG shells generated the highest discounted cash flow from the ore body at varying pricd. The LG shell used for optimization does not apply practical mining considerations

    nstraints.e Strategic planning using the generated LG pit resulted in Wardrop identifying the potenable resources within the proposed preliminary production schedule.e pit optimization was based on a gold price of $973 per ounce and an exchange rate of $1.000$1.087 (CAD). The Song Jiagou resource estimate was carried out using industry-stacedures and a geological interpretation of the deposit that, to the extent possible, refl

    servations of grade distributions. Modeling of the deposit is uncertain, however, becauseficult to establish with a high level of confidence the area of influence of higher-grade gold vae risk remains, therefore, that the geological model may overstate the distribution of high-gradeues. If future mining demonstrates that this is in fact the case, then the model may oveicipated gold grades. Because the probability of this outcomes is unknown, the level of uncerst also be unknown.

    ww.majesticgold.net 502-535 Thurlow St. Vancouver, Canada. V6T: 1 6 04 6 81 4 65 3 E : in fo @m aj es ti cg ol