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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 a soft yellow metal that's amazingly easy to work. It's far more malleable (easy to shape) and ductile (easy to draw into wires) than any other metal. You can beat a piece of gold into a "leaf" so thin that you'd need 100,000 leaves like that to make a pile 1 cm (0.4 inch) high. Gold's amazing softness also means you can draw a single ounce into a wire 64 km (40 miles) long! Despite being soft, it's very dense-even the small amount of gold in a wedding ring feels surprisingly heavy.

The gold we use from day to day often needs to be much harder than this to survive rough treatment. Typically, we mix gold with another metal to make a substance called a gold alloy (an alloy is simply a mixture of a metal with one or more other metals and perhaps some other substances added too). We describe how much gold an alloy contains using a measurement called the carat (sometimes written karat).

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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