04:38:14 EDT Thu 28 Mar 2024
Enter Symbol
or Name
USA
CA



Majescor Resources Inc (3)
Symbol MJX
Shares Issued 29,661,109
Close 2017-01-25 C$ 0.08
Market Cap C$ 2,372,889
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Majescor stakes 6,120 ha at Mirabelli

2017-01-26 10:08 ET - News Release

Mr. Andre Audet reports

MAJESCOR RESOURCES ANNOUNCES THE ACQUISITION OF ADDITIONAL GROUND ON THE MIRABELLI GOLD PROJECT IN QUEBEC

Majescor Resources Inc. has staked additional ground on its Mirabelli gold project in Quebec following the review of its exploration database. The property is in close proximity to the Radisson Highway, about 80 kilometres south of the KM 381 outpost.

The new claim block totalling 6,120 hectares is located just to the southeast of the claims covering a probable banded iron formation that were discussed in a recent news release (see Majescor news release dated Jan. 19, 2017). The new ground covers the source areas of anomalous gold values in till (up to 67 gold grains in heavy mineral concentrates and up to one gram per tonne gold from geochemical analyses of the fine fraction) samples collected over a previously unmapped section of a greenstone belt identified earlier by Majescor through high-resolution airborne geophysics. The highly anomalous tills are to be followed up through additional sampling and boulder investigation as early as possible this spring.

The technical content of this release was reviewed by Remi Charbonneau, PGeo, a qualified person as defined by the National Instrument 43-101.

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