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[Biker64]

MAJESTIC GOLD SIGNIFICANTLY EXPANDS GOLD TARGETS AT SAWAYAERDUN



January 22, 2007 TRADING SYMBOL - TSX.V : MJS



Majestic Gold Corp. (TSX.V: MJS) is pleased to announce the results of its 2006 exploration program at Sawayaerdun in the Xinjiang province of China. The program extended the drill tested strike length of Zone IV by over 25 percent and identified over 12 linear kilometres of additional drill targets. Prior to 2006, Zone IV had been tested along strike for 2,000 metres. The results yielded an independent resource estimate as previously announced in the Company’s news release dated April 5, 2006.


The 2006 program included the following and each aspect has been summarized below:



4 diamond drill holes totaling 1,120 metres;
119.5 line kilometres of soil geochemical surveys;
123.9 line kilometres of magnetometer geophysical surveys;
45.5 line kilometres of induced polarization surveys;
Trenching and prospecting and rock sampling;
High precision GPS survey;
200 tonne bulk sample and bio-leach test.


(See Map I: 2006 Sawayaerdun Project or visit www.majesticgold.net)


Diamond Drilling


Four diamond drill holes, totaling 1,120 metres were conducted to test the northern and southern extensions of the 2,000 metre portion of Zone IV (bounded by holes SWD-05-41 and SWD-05-35) that was drilled in 2004 and 2005.


This year’s program included three core holes which established that the gold mineralization along Zone IV extends at least another 525 metres along strike to the southwest.


Hole ID
Azimuth
From
To
Width
Au g/t
Location

SWD-06-51
-45°@ 120
74.00
81.00
7.0
0.95
140 m SW of SWD-05-41

includes

75.00
76.00
1.0
2.43


SWD-06-51

136.00
141.00
5.0
0.64

SWD-06-52
-60°@ 120
144.00
203.00
59.0
0.52
140 m SW of SWD-05-41

includes

155.00
172.00
17.0
1.26


includes

165.00
172.00
7.0
2.39


includes

166.00
170.00
4.0
3.57


SWD-06-53
-45°@ 120
236.00
250.00
14.0
1.22
525 m SW of SWD-05-41

includes

241.00
249.00
8.0
1.63


Hole SWD-06-50 drilled approximately 600 metres to the northeast of hole SWD-05-35 (the northernmost hole used in the 2006 resource calculation) contained no significant intersections.


“The results of our 2006 campaign were highly significant and very exciting,” said John Zimmerman, head of exploration. “Not only did we increase the strike length of Zone IV by over 25 percent, it remains open to the south and at depth, allowing for the potential of significant increases to the Sawayaerdun resources.”


Soil Geochemistry

A total of 4,658 soil samples were collected over a 119.5 line kilometre grid. Lines were spaced 100 metres apart with 25 metre stations. The grid covered the remaining portion of the over 10 sq km area of known gold mineralization not covered by the 2005 survey. The aim was to extend the known gold areas along strike.


The results show excellent correlation to known zones and a possible northern extension of Zone IV, slightly east of where it was believed to have been; significant anomalies around Zones V and XVI; a potential one kilometre extension of Zone I; and several high values adjacent to other structures not previously trenched or tested. Anomalous areas range from a few hundred metres long and tens of metres wide to up to 1,300 metres by 200 metres with gold values up to 4,790 ppb.


Magnetometer Survey

A magnetometer survey of 123.9 line-km was completed by the #3 Xinjiang Geology Brigade over the same grid as the geochemical survey. The magnetic highs generated provide further support to the location of main mineralized shear zones. Results are as follows:


Anomalous Zone
Magnetic Character
Anomaly Length & Direction

Zone IV
Linear High
· 4,000 metres in a NE ~ SW direction

Zone II
Linear High
· Approximately parallel to Zone IV, 400 to 800 metres NE of Zone IV;

· 4,000 metres in a NE ~ SW direction

Zone I
Linear High
· Approximately parallel to Zone II, 400 to 700 metres NE of Zone II;

· 3,000 metres in a NE ~ SW direction


In addition to identifying the three main gold bearing structures, the magnetometer survey also identified three cross-cutting features with a general ENE-WSW trend. These features intersect the existing zones at between 45 and 60 degrees and can be traced for approximately 3,000 metres and are spaced approximately 600 to 800 metres apart. The northernmost feature corresponds to an apparent offset in the northern portion of Zone IV as also evidenced in the geochemical survey.



Induced Polarization Survey


A 45.5 line kilometres of induced polarization (IP) survey was conducted to help identify the down-dip extensions of un-drilled mineralized zones and also to test for additional sub-parallel conductive zones hidden by cover that may represent additional mineralized structures. The preliminary results show excellent correlation between the known mineralized zones and chargebility and resistivity highs and help to provide definition of these features in areas of little or no outcrop. In addition, several sub-parallel conductors were located that represent exciting new drill targets at Sawayaerdun.


“Our geochemical and geophysical programs have combined to highlight many prospective targets, including extensions of known mineralized zones and sub-parallel structures,” Zimmerman said. “These untested areas have a total strike length of approximately 12,000 metres, an exciting indication of the potential at Sawayaerdun.”


Trenching, prospecting and rock sampling


Twenty-five trenches comprised of 625 linear metres were also completed. These trenches excavated in 2006 were more exploratory than those completed in 2004 and 2005. The objectives were to search for the northern extension to Zone III, test for the northern extension to Zone IV, confirm some anomalous older Chinese trenches, and for general prospecting in areas of little outcrop. The program was successful in confirming the extensions of Zone III and Zone IV with moderate to strong anomalies and confirming a strong anomaly in Zone XI-2 with 7.0 meters carrying 4.7 grams/tonne gold. Other trenches showed nil to moderately anomalous zones and will be further evaluated in concert with the other data sets.


In Majestic’s prospecting program, 407 grab samples were taken and indicate several areas worthy of follow-up next year. Most importantly, previously unrecognized sulfide veins were discovered at surface on the north side of the property between Zones IV and II. Several samples from these veins contained 1 to 4.5 grams gold with one carrying over 50 grams/tonne (final assay pending). Trenching and drilling next year will determine the potential significance of these veins.


High precision GPS survey


A high precision GPS survey was conducted over the property to provide detailed topographic controls for ongoing exploration and scoping study planning.


200 tonne bulk sample and bio-leach test


Majestic collected and stacked 200 tonnes of predominately un-oxidized gold mineralized rock from Zone IV to test for the potential of bio-oxidizing sulfide ores by surface leaching. The sample will remain on site and will be tested later in 2007 in an effort to enhance recoveries of gold.


The Sawayaerdun property is a joint venture established in November 2003 with the Xinjiang Bureau of Geology and Mineral Resources (“XBGMR”). Terms of the deal allow for Majestic to earn an undivided 90% interest on the Sawayaerdun property by making all of the exploration and development expenditures on the property. To fully vest, the Company is required to spend US$2 million over four years. The company expects to complete this obligation early in the 2007 work program.


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


Signed “Rod Husband”


Rod Husband, P.Geo.

Director

Contact:

Investor Relations: [phone] or 1-866-282-8398

Email: [e-mail] or visit our Website: www.majesticgold.net

The TSX Venture Exchange has not reviewed and does not accept 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.

b64

[SharpRatio]

Antwort auf Beitrag Nr.: 21.284.701 von TVstnews am 22.04.06 21:27:03

0.5 (100) / 0.5 (50)

[SharpRatio]

Antwort auf Beitrag Nr.: 21.284.701 von TVstnews am 22.04.06 21:27:03

Dickes Geldsize heute. Schaut gut aus!

[EAD01]

Antwort auf Beitrag Nr.: 27.124.970 von TVstnews am 23.01.07 10:22:29

Thanks und Gruß EAD

[Projektbaum]

Antwort auf Beitrag Nr.: 27.124.970 von TVstnews am 23.01.07 10:22:29

Na das hört sich ja ganz gut an !

Danke für die news !

[TVstnews]

Antwort auf Beitrag Nr.: 27.122.755 von EAD01 am 23.01.07 06:29:27

	



Gut gebohrt...

ist halb gewonnen...dachten sich wohl auch diejenigen Anleger, die in diesen Wert investierten.

	

		



Die Strategen von „Swiss Trading“ geben für die Aktie des Explorationsunternehmens „Majestic Gold“ ein Kursziel von 1,10 Euro an. Das sollte der Wert auch in Kürze erreichen, denn „Swiss Trading“ erwartet von dem Unternehmen weitere Nachrichten über erfolgreiche Bohrungen. Die kanadische „Majestic Gold“ ist vorwiegend in China tätig und mit der Erschließung von Mineralien beschäftigt.

Aktientipps vor Kaufsignal

Unter fundamentalen Aspekten ist bei Gold nach wie vor kaufenswert. Kurzfristig dürfte aber der Druck auf das Edelmetall vom Devisenmarkt noch anhalten.
Zu dieser Einschätzung gelangen die Autoren des berlinvestor Derivatebriefes. Doch auch hier erwarten die Autoren in den kommenden Wochen Entlastung. Das bevorzugte Szenario für Euro/Dollar sieht vor, dass der Euro mit Kursen im Bereich 1,28/1,29 sein Tief gesehen haben dürfte. Die starke Phase des Greenbacks - auch im Vergleich zum Yen - stufen die Experten nach wie vor als eine Art Strohfeuer ein. Fazit: Bislang dominiert beim Gold eine Dreiecksformation. Bei Kursen über 635 Dollar wäre der Ausbruch aus diesem Dreieck gelungen und ein Kaufsignal würde sich generieren. Dieses mittelfristige Kaufsignal sollte weitere Käufer in den Markt locken. Daher sehen die Autoren das 3-Monatskursziel unverändert bei 670 Dollar.

Gruss an allen investierten

[EAD01]

Antwort auf Beitrag Nr.: 27.116.784 von Lauren am 22.01.07 19:14:14

na, vielleicht wird unsere Königin ja dann bekannter.....

[Projektbaum]

rt 0.48 cad

zumindest im + in cad !

Weiter gehts..

[Projektbaum]

Tja News sind ja da aber es fehlen noch die Empfehlungen oder die Aufnahme in ein Musterdepot oder ähnlichem.
Trotzdem bleibe ich dabei...

rt 0.46 cad !

PB

[Lauren]

Majestic Gold ist auf Roadshow in Deutschland im Februar 2007:

The company will be presented by:
- Rod W. Husband, President & CEO
Majestic Gold Corp. (TSX.V: MJS) is a Canadian gold exploration
and development company with an impressive portfolio of projects
in well known gold belts throughout China. The company focuses
on projects at or near the development stage, where the potential
for low-cost production can provide a greater return on investment.
Majestic's current property interests are located within China's
most prolific areas of gold discovery and production. These include
the highly prospective Tian Shan Gold Belt in the West, hosting
numerous world class gold deposits, and within the Jiadong
Peninsula of the eastern Shandong Province, an area accountable
for 25% of China's annual gold production and 20% of its total
gold resource.
Led by an experienced management and exploration team,
Majestic will quickly and efficiently confirm and expand on existing
historical gold resources to maximize shareholder value.
Total Number of Shares: 40,694,317