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Majestic Gold Corp.

05:35 PM EST - Majestic Gold Corp. : announced the results of an updated resource estimate on its Song Jiagou Mine. The most significant changes showed an increase in indicated tonnes by 35.34% to 33,739,586 tonnes, an increase in indicated contained gold by 24.09% to 1,244,211 ounces, an increase in Inferred tonnes by 37.96% to 38,812,054 tonnes and an increase in Inferred contained gold by 7.48% to 1,830,576 ounces. Majestic Gold Corp. shares V.MJS are trading up $.005 at $0.17.