12:34 PM EST - Majestic Gold Corp. : announced the results of an updated resource estimate on its Song Jiagou Mine. As part of the ongoing assessment on the Song Jiagou Mine, Wardrop Engineering Inc. has revised their previous resource estimate as a result of the revision to the contract mining costs which allowed cut-off grades to be reduced from 0.40 g/t to 0.30 g/t and warranted a revision of the block model. Majestic Gold Corp.
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