VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/24/12 — Majestic Gold Corp. (the „Company“) (TSX VENTURE: MJS)(FRANKFURT: P5E) is pleased to announce quarterly gold production results of its Chinese subsidiary, Yantai Zhongjia Mining Company Limited („Zhongjia“) at the Song Jiagou property for the past five fiscal quarters beginning October 1, 2010 and ending December 31, 2011.
The following table highlights information relating to the operations at the Song Jiagou project:
Notes:
The geological and technical information contained in this news release has been reviewed and approved by Mike Hibbitts, P.Geo., who is a qualified person under the definitions established by National Instrument 43-101.
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)
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