Majestic Gold Corp. (MJGCF.PK)

Majestic Gold Corp. engages in the exploration and development of mineral properties in China. The company focuses on its gold project located in the prolific gold region of Song Jiagou in eastern Shandong Province. Majestic Gold Corp. is headquartered in Vancouver, Canada.

Gold is used as a coating enabling biological material to be viewed under a scanning electron microscope. Jewelry consumes around 75% of all gold produced. Gold for jewelry can be given a range of hues depending on the metal with which is alloyed (white, red, blue, green etc.). White gold (an alloy of gold with platinum, palladium, nickel, and/or zinc) serves as a substitute for platinum. Green gold (a gold/silver alloy) is used in specialized jewelry while gold alloys with copper (reddish color) are more widely used for that purpose (rose gold). Colloidal gold is added to glass to colour it red or purple. Gold can be made into thread and used in embroidery. Gold is used in restorative dentistry especially in tooth restorations such as crowns and permanent bridges as its slight malleability makes a superior molar mating surface to other teeth, unlike a harder ceramic crown.

Majestic Gold Corp. (MJGCF.PK) has arranged a $10,000,000 loan to advance its Song Jiagou project in China. Nine million dollars ($9,000,000) from the proceeds from the loan will be used by the Company to in connection with its Song Jiagou project and the balance of one million dollars ($1,000,000) for general working capital purposes.





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