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      schrieb am 15.09.06 02:09:50
      Beitrag Nr. 1 ()
      CENTRAL CHINA GOLDFIELDS PLC - Joint Venture with Majestic Gold Corp.
      Sep 14, 2006 (PR Newswire Europe via COMTEX News Network) --

      Central China Goldfields plc

      `GGG\' or `the Company\'

      JOINT VENTURE WITH MAJESTIC GOLD CORP.

      OPTION TO PURCHASE 100%

      LONDON - 14 September 2006

      Introduction:

      Central China Goldfields plc (AIM: GGG) the mineral exploration and development
      company operating in China, has signed a Letter of Intent with Majestic Gold
      Corp. of Canada (TSX.V: MJS) allowing GGG the option to earn 51% of the entire
      portfolio of MJS\'s mining properties in China for a total consideration of
      CAN$12.5 million (approximately GBP6 million). The funds will be used for the
      exploration and development of these properties.

      Upon earning its 51%, GGG then has the option to purchase the remaining 49%
      through the issue of GGG shares.

      Majestic Gold Corp. ("Majestic") is a Canadian publicly quoted gold exploration
      and development company with property sites located in China\'s most prolific
      gold belts. Majestic currently holds 3.7% of GGG\'s ordinary share capital.

      The Properties subject to the Option Agreement:

      The properties under the joint venture include Song Jia Guo, in the Shandong
      Province of Eastern China. This is a near-production gold deposit with a mining
      licence, a pilot mining plant capable of processing 120 tonnes of ore per day
      and four levels of extensive underground development. The deposit lies on the
      western edge of the Muping-Fushan Gold Belt. This Gold Belt hosts 20% of the
      known gold deposits on the Jiaodong Peninsula which in turn accounts for 25% of
      China\'s annual gold production. Majestic confirms their property has inferred
      resources of 13.2 Mt @ 0.97 g/t Au for 414,000 oz of gold.

      Majestic\'s second most promising property is Sawayaerdun, located in the highly
      prospective Tian Shan Gold Belt in Xinjiang Province, Western China. This belt
      hosts numerous high quality gold deposits including Muruntau (140 million oz)
      and Kumtor (13.9 million oz). To date Sawayaerdun has a reported resource of
      1.38 million ounces of gold (17.9 Mt @ 1.16 g/t Au for 607,000 oz indicated and
      24.4 Mt @ 1.09 g/t Au for 773,000 oz of inferred). The directors of both
      companies believe that there is potential to substantially increase these
      resources.

      The resources quoted for Song Jia Gou and Sawayaerdun were independently
      calculated by Wardrop Engineering Inc. and were produced in accordance with the
      Canadian Stock Exchange requirements (Canadian NI 43-101 reporting standards).
      Importantly, both of these properties have obtained mining licences which means
      that the joint venture can commence mining immediately.

      GGG have commissioned Golder Associates (UK) Limited to conduct a technical due
      diligence of the properties and their report is still in progress. The
      directors of GGG and Majestic will be working together to complete a
      Feasibility Study and to substantially increase the production of the Song Jia
      Guo deposit within an 18 month period.

      Further details of Majestic properties can be found at: http://
      www.majesticgold.net/

      Principal terms and conditions of the Option Agreement:

      In a signed Letter of Intent, it has been agreed that GGG has the option to
      earn 51% of a newly formed BVI-registered company which will hold all of
      Majestic\'s Chinese interests for a total consideration of CAN$12.5 million
      (approximately GBP6 million). The funds will be used for the exploration and
      development of these properties. The initial payment of CAN$3 million
      (approximately GBP1.4 million), payable within five business days of approval of
      the deal by the Canadian Stock Exchange, will be followed by a payment of CAN$3
      million (approximately GBP1.4 million) on 31 January 2007, and CAN$6.5 million
      (approximately GBP3.1 million) on 30 June 2007.

      In the event that the directors of GGG decide not to continue the joint
      venture, after the initial CAN$3 million contribution and prior to the Company
      earning its 51%, the Company has the right to convert its total contribution
      into ordinary shares in Majestic at a price of CAN$0.50 per share for the
      initial CAN$3 million and using the weighted 10 days\' average of Majestic\'s
      price for the remaining contribution.

      Upon earning its 51%, GGG has 90 days to notify Majestic whether it wishes to
      exercise its option to purchase the remaining 49% of the shares by issuing GGG
      shares. Should GGG decide not to purchase the remaining 49%, Majestic has the
      option to earn back 2% (resulting in Majestic holding 51% and GGG 49%) by
      contributing CAN$500,000 for the exploration and development of these
      properties.

      The option agreement will be subject to satisfactory completion of technical,
      legal and financial due diligence and regulatory approval by the Canadian Stock
      Exchange.

      The initial payment will be satisfied through internal resources. In
      anticipation of the option agreement being finalised and to accelerate the
      exploration at both the Snow Mountain and Nimu Projects, GGG is considering its
      options.

      Background to the Option Agreement:

      The directors of Majestic and GGG believe both companies are likely to benefit
      by fast tracking Majestic\'s two lead projects into earlier production as part
      of a new joint venture. The directors of both companies see this as an
      important first step in part of a consolidation strategy of junior companies
      operating in China through which they feel companies will achieve more by
      pooling their resources and working together to achieve common goals.

      This joint venture will enable GGG to significantly shorten the period before
      generating regular cash flow. When added to its existing flagship Snow Mountain
      gold and Nimu copper-molybdenum projects, GGG will have four potential `company
      makers\'. This deal is in line with GGG\'s strategy of growth to become the
      premier mining and exploration company in China.

      Related Party Transaction:

      Mr. John Charles Forrest finance director of GGG is also a director of Majestic
      and currently holds 1.25 million ordinary shares (circa 1.5% of current issued
      ordinary share capital of GGG), 1.25 million warrants and 670,000 options in
      GGG. Mr. Forrest has no shareholding in Majestic. Mr. Forrest is considered a
      related party for the purposes of this transaction.

      The directors (excluding Mr Forrest), having consulted with HansonWesthouse
      LLP, the Company\'s nominated adviser, consider the terms of the transaction to
      be fair and reasonable in so far as the shareholders are concerned.

      Dr. Jeff Malaihollo, Managing Director of Central China Goldfields, commented:

      "This is a very important deal for us and it was crucial that Majestic had
      already received mining licences for Song Jia Guo and Sawayaerdun. This
      agreement gives Central China Goldfields the opportunity to own interests in
      two high-quality projects, one of which has a pilot production plant. The
      directors anticipate to increase the production of Song Jia Gou substantially
      within 18 months. Central China Goldfields now has a direct interest in some of
      the best projects available in China."

      "This agreement is a further demonstration of our expansion strategy, which is
      to become a premier player in China through our own exploration efforts, the
      development of under-capitalised mines and through beneficial corporate deals."

      Additional Details:

      The following table is the list of properties under the joint venture. Majestic
      owns 90% of three of the BVI subsidiaries but has the right to purchase the
      remaining 10% third party interest using cash and/or shares.

      Majestic has already entered into joint venture agreements for MJS Anaui Gold
      Ltd. (BVI) and MJS Shandong Gold Ltd. (BVI) to TSX-V listed Trans America
      Industries Ltd. The Option Agreement entered into by Central China Goldfields
      covers only Majestic\'s 45% interest (with the right to purchase an additional
      5%) of these two BVI companies.

      The Letter of Intent between Majestic and GGG dictates that the third party
      interest in each of the existing BVI companies can be acquired by the newly
      formed BVI-company and the shares to be issued to the third party shall be
      shares of GGG and Majestic in proportion to their respective interests in the
      BVI-company.

      Majestic\'s BVI Percentage Principal Asset
      Subsidiary held

      MJS Tianshan Gold 90% 90% Interest in Sawayaerdun Licence Area:
      Inc. (BVI) 123.17 kmA

      MJS Jiodong Gold Ltd. 90% 60% Interest in Fushan Licence Area: 17.03 km
      (BVI) A

      MJS Yantai Gold Ltd. 90% 60% Interest in 13 Licences:
      (BVI)
      * Song Jia Guo Area: 4.11kmA

      * Dazai Area: 11.63 kmA

      * Shugezhuang Area: 10.95 kmA

      * Chenjiaguo Area: 4.10 kmA

      * North of Shuidao Area: 2.57 kmA

      * Houzhang Heiniu Area: 9.74 kmA

      * Jialong Area: 6.66 kmA

      * Nan Kuang Area: 3.07 kmA

      * Helizhuang Area: 7.17 kmA

      * ChangJia Zhuang Area: 1.02 kmA

      * WuZhua Area: 9.57 kmA

      * Zhaodao Mountain Area: 1.03 kmA

      * Futia Area: 4.44 kmA

      MJS Anaui Gold Ltd. 45% 90% Interest in 2 Licences:
      (BVI)
      * Licence #3700000510712

      * Licence #3700000510828

      MJS Shandong Gold 45% 60% Interest in Majestic Zhaoyuan Gold Ltd.
      Ltd. (BVI)
      * Yantai Geigezhuang (SW)

      * Yantai Muping Jicheng

      * Jiaodong Basin (NE)

      Forward Looking Statements:

      Certain information included in this press release, including any information
      as to our future financial or operating performance and other statements that
      express management\'s expectations or estimates of future performance,
      constitute "forward-looking statements." The words "expect", "will", "intend",
      "estimate" and similar expressions identify forward-looking statements.
      Forward-looking statements are necessarily based upon a number of estimates and
      assumptions that, while considered reasonable by management, are inherently
      subject to significant business, economic and competitive uncertainties and
      contingencies. The Company cautions the reader that such forward-looking
      statements involve known and unknown risks, uncertainties and other factors
      that may cause the actual results, performance or achievements of GGG to be
      materially different from the Company\'s estimated future results, performance
      or achievements expressed or implied by those forward-looking statements and
      the forward-looking statements are not guarantees of future performance. These
      risks, uncertainties and other factors include, but are not limited to:
      legislative, political or economic developments in the jurisdictions in which
      the Company carries on business; operating or technical difficulties in
      connection with mining or development activities; employee relations; the
      speculative nature of gold exploration and development, including the risks of
      diminishing quantities or grades of reserves; contests over title to
      properties, particularly title to undeveloped properties; and the risks
      involved in the exploration, development and mining business.

      The Company disclaims any intention or obligation to update or revise any
      forward-looking statements whether as a result of new information, future
      events or otherwise, except as required by applicable law.

      For further information, please contact:

      Central China Goldfields plc HansonWesthouse LLP

      Dr. Jeffrey Malaihollo Anita Ghanekar / Cailey Barker

      Tel: 020 7621-0200 Tel: 020 7601 6100

      Email: info@ccgoldfields.com

      Website: www.ccgoldfields.com

      Public Relations: Gresham PR Ltd King & Shaxson Capital Limited

      Neil Boom Nick Bealer

      Tel: 020 7404-9000 Tel: 020 7426-5986

      Notes to Editors:
      Avatar
      schrieb am 15.09.06 02:14:18
      Beitrag Nr. 2 ()
      :laugh::laugh::laugh:
      ab gehts :D:D:D:D
      super nachrichten explosion naht :D:D:lick::lick::cool:
      Avatar
      schrieb am 15.09.06 08:07:49
      Beitrag Nr. 3 ()
      Antwort auf Beitrag Nr.: 23.942.638 von iceman32 am 15.09.06 02:14:18Hallo und guten Morgen,
      das sind ja prima Nachrichten, also auf gehts MJS!!!:):):)
      Avatar
      schrieb am 15.09.06 11:10:54
      Beitrag Nr. 4 ()
      Antwort auf Beitrag Nr.: 23.944.213 von EAD01 am 15.09.06 08:07:49Die Umsätze heute sprechen eine deutliche Sprache ! :D
      Aber welche Trottel verkaufen denn jetzt noch für 0,34 ? :confused:
      Bei 1,50 Euronen denke ich vielleicht auch mal über verkaufen nach ... :D
      ciao
      Avatar
      schrieb am 15.09.06 11:20:20
      !
      Dieser Beitrag wurde vom System automatisch gesperrt. Bei Fragen wenden Sie sich bitte an feedback@wallstreet-online.de

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      Avatar
      schrieb am 15.09.06 11:39:32
      Beitrag Nr. 6 ()
      Antwort auf Beitrag Nr.: 23.946.929 von pennycount am 15.09.06 11:10:54hallo, da sind viele "Trottel" die in
      Frankfurt und München für 0,34 verkaufen wollen.
      Vielleicht weil sie keine Geduld mir haben?? Das Geld brauchen???
      Ich habe sonst keine Erklärung dafür.
      Im Moment nimmt sich auch keiner der BB unserer Königin an, oder?
      Avatar
      schrieb am 15.09.06 12:06:16
      Beitrag Nr. 7 ()
      Antwort auf Beitrag Nr.: 23.947.331 von EAD01 am 15.09.06 11:39:32Die BBs springen immer erst auf, wenn die Explosion bis China zu hören ist ... :D
      Locken dann aber einen Haufen Nervöse, Angsthasen und Zocker mit an, die mitunter für den Kurs sogar schädlich sind, weil sie viel zu teuer einkaufen, bei der ersten Zuckung sogar mit Verlust verkaufen ... s. diese Trottel für 0,34 ... die haben wahrscheinlich für 0,6 gekauft und freuen sich über einen Verlust von nicht mal 50 % .. :D
      lieber langsam aber kräftig steigen und in einem Jahr bei 3,5 stehen ... also Euro ... nicht Cent :lick:
      ciao
      Avatar
      schrieb am 15.09.06 12:17:41
      Beitrag Nr. 8 ()
      Antwort auf Beitrag Nr.: 23.947.331 von EAD01 am 15.09.06 11:39:32Da hast du vollkommen recht :rolleyes:

      und dafür gibt es nur 3 möglichkeiten:

      1. die news sind nicht so gut, wie wir alle meinen und von den "hohen Herren" wird es daher auch keine veröffentlichung in einem BB dazu geben, weil die performance sehr sehr gering erscheint :(

      oder

      2. ist noch zu früh und eher etwas für ultra longies ;)

      oder

      3. die news werden erstmal auf glaubwürdigkeit und inhalt tiefgreifend überprüft und der deal, incl. der daraus resultierenden zukünftigen gewinne sind so abnorm, dass sich alle gurus bedeckt halten, weil sie es nicht glauben wollen :D

      b64 :cool:
      Avatar
      schrieb am 17.09.06 16:58:49
      Beitrag Nr. 9 ()
      Antwort auf Beitrag Nr.: 23.947.962 von Biker64 am 15.09.06 12:17:41Hallo, dann wünsche ich mir Punkt 3.
      In Can sah es Freitag ja auch nicht so prickeln aus.
      Aber trotzdem noch einen schönen Restsonntag.
      :look::look:
      Avatar
      schrieb am 17.09.06 19:59:59
      Beitrag Nr. 10 ()
      Antwort auf Beitrag Nr.: 23.997.482 von EAD01 am 17.09.06 16:58:49was glaubst du wohl was ich mir wünsche;)

      komme eben von einer motorradtour, noch mal die letzten warmen tage auskosten :)

      sag mal bist du w od. m, läßt sich ja auf grund des nicknames nicht wirklich bestimmen.
      ich frage nur wegen des umgangs miteinander :look:

      wünsche noch nen schönen sonntagabend

      b64 :cool:
      Avatar
      schrieb am 18.09.06 07:35:37
      Beitrag Nr. 11 ()
      Antwort auf Beitrag Nr.: 24.004.261 von Biker64 am 17.09.06 19:59:59Guten morgen,
      zu Deiner Frage: ich bin weibl.. Weitere Erklärung (falls es Dich interessiert:
      EAD ist meine Abkürzung im Büro und die 01 mußte ich dahinterhängen, weils sonst zu kurz war.
      Ansonsten wünsche ich Dir und allen anderen einen guten Start
      in die neue Woche.:)
      Avatar
      schrieb am 18.09.06 09:04:51
      Beitrag Nr. 12 ()
      Antwort auf Beitrag Nr.: 24.004.261 von Biker64 am 17.09.06 19:59:59Und ist das jetzt gut für EAD01, daß sie weibl. ist oder schlecht ... bist Du jetzt zu mir nicht so nett ... na das sind ja Aussichten hier :laugh: :laugh: :laugh:
      Viel interessanter ist doch ... was macht unser Baby heute !
      ciao
      Avatar
      schrieb am 18.09.06 09:29:23
      Beitrag Nr. 13 ()
      Antwort auf Beitrag Nr.: 24.014.311 von pennycount am 18.09.06 09:04:51Ich versuche immer nett zu sein :) aber frauen gegenüber sollte man(n) mehr aufmerksamkeit und höflichkeit im allgemeinen schenken ;) der ton macht die musik. ich wollte auch nur mal wissen, mit wem ich hier so kommuniziere.

      aber recht hast du, hier geht es um unser geld und nicht um's flirten. :)

      aber schön ist es doch allemal, wenn wir von beidem etwas bekommen könnnen, dass macht die situation hier doch wenigstens angenehmer, als immer nur über den schlechten kursverlauf zu debatieren, oder ? ;)

      b64 :cool:
      Avatar
      schrieb am 18.09.06 09:36:01
      Beitrag Nr. 14 ()
      Allen eine schöne Woche, auch wenn unser Baby derzeit
      keinen Grund zur Freude gibt, aber das wird noch:look::look:
      Avatar
      schrieb am 18.09.06 11:11:09
      Beitrag Nr. 15 ()
      Antwort auf Beitrag Nr.: 24.014.757 von EAD01 am 18.09.06 09:36:01Auf jeden Fall !
      :D:D:D
      Avatar
      schrieb am 19.09.06 01:18:47
      Beitrag Nr. 16 ()
      :laugh::laugh::laugh::lick::lick:
      produktion beginnt bald baby kommt bald
      mit gold in der tasch , :D:D:D:laugh::laugh::cool::cool::cool::cool::cool::cool::cool::cool:


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