Vancouver, March 2011
Cautionary Statement2011 Majestic Gold Corp.                          2
Introduction2011 Majestic Gold Corp.                  3
Management Team – Canada2011 Majestic Gold Corp.                              4
Management Team – China2011 Majestic Gold Corp.                             5
Corporate Timeline      2003              2004                  2005                  2006                  2007          ...
Project “Song Jiagou” – Jiaodong Peninsula                  The	  Song	  Jiagou	  Property	  is	  located	  on	  the	  Jia...
Project “Song Jiagou” – Jiaodong Peninsula                                        Song Jiagou2011 Majestic Gold Corp.     ...
Project “Song Jiagou” – Exploration 2003            Signed JV Agreement to earn 60% of 13 licenses (including Song Jiagou)...
Project “Song Jiagou” – Resource Estimate•     NI 43-101 Resource Estimate (October 18, 2010)             Category        ...
Project “Song Jiagou” – Resource                                   Displaying Gold Capped >= 0.4 gr/t              $700/oz...
Project “Song Jiagou” – Preliminary Assessment2011 Majestic Gold Corp.                                                    12
Project “Song Jiagou” – Costs        Capital Costs*                                     000’s US$        Pre-production (p...
Projected Cash FlowsMAJESTIC GOLD CORP CASH FLOWSProduction Schedule (000’s)                       Year -1 Year 1    Year ...
Revenue and Cash Flow                                                                               Revenue and Cash Flow ...
Gold For Sale                                                             Gold for Sale and Cost per Ounce      300000    ...
Net Present Value – Economic Returns   Project NPV                             Unit       Pre-Tax   14.0% discount rate   ...
Sensitivity Analysis                                      Pre-Tax NPV @ 10% Sensitivity Analysis                      900 ...
Corporate Profile                             TSX Venture Exchange MJS                           Frankfurt Stock Exchange ...
Contact Information      Head Office:                                      Beijing Office:       Majestic Gold Corp.      ...
Song Jiagou                           Photo Gallery2011 Majestic Gold Corp.                   21
Song Jiagou – Rapid Development               May 2010                 November 2010        January 20112011 Majestic Gold...
Song Jiagou – Expanding Infrastructure                                       Mill Construction                            ...
Song Jiagou – Expanding Infrastructure                                       Mill Construction                            ...
Song Jiagou – Expanding Infrastructure                                        Power & Water                               ...
Song Jiagou – Expanding Infrastructure                              Tailings and Water Return Pipeline                    ...
Song Jiagou – Expanding Infrastructure                                        Floatation Cells                            ...
Song Jiagou – Expanding Infrastructure                                                Motors                              ...
Song Jiagou – Expanding Infrastructure                                             Classifiers                            ...
Song Jiagou – Expanding Infrastructure                                          Mill Buildings                            ...
Song Jiagou – Expanding Infrastructure                                          Mill Buildings                            ...
Song Jiagou – Expanding Infrastructure                                          Mill Buildings                            ...
Song Jiagou – Expanding Infrastructure                                            Dewatering                              ...
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Majestic Gold March 2011

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Majestic Gold Corp. March 2011

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Majestic Gold March 2011

  1. 1. Vancouver, March 2011
  2. 2. Cautionary Statement2011 Majestic Gold Corp. 2
  3. 3. Introduction2011 Majestic Gold Corp. 3
  4. 4. Management Team – Canada2011 Majestic Gold Corp. 4
  5. 5. Management Team – China2011 Majestic Gold Corp. 5
  6. 6. Corporate Timeline 2003 2004 2005 2006 2007 2008 2009 2010 2011•  Agreements •  2004 work •  Surface results •  Drill and trench •  2006 work •  2008 work •  Sale signed to program begins results program results program results •  Positive drill evaluate China projects •  Drill program results •  NI 43-101 begins Resource •  2005 work•  Sawayaerdun Estimate •  Trench results programs begin Joint Venture •  2006 work signed •  Positive drill •  Surface results programs begin results •  Drill and trench results •  Muping/ Fushan •  Surface and •  Positive drill •  Positive drill •  Positive drill •  Acquisition of •  Wardrop (“Shandong”) underground results results results interest in Song Preliminary Cooperation sample results Jiagou -94% Economic Agreements •  NI 43-101 •  Revised NI Assessment •  Underground Resource 43-101 •  Mining signed sample results Estimate Resource operations •  New mill near •  2004 work Estimate commenced completion •  2005 work •  2006 work program begins programs begin programs begin •  Bulk sampling •  Mill construction commenced begins •  Song Jiagou drill •  Underground results sample results •  Revised NI 43-101 •  Positive drill Resource results Estimate •  Positive drill results 2011 Majestic Gold Corp. 6
  7. 7. Project “Song Jiagou” – Jiaodong Peninsula The  Song  Jiagou  Property  is  located  on  the  Jiaodong  Peninsula  in     Muping  County,  the  Shandong  Province,  the  Peoples  Republic  of  China.  2011 Majestic Gold Corp. 7
  8. 8. Project “Song Jiagou” – Jiaodong Peninsula Song Jiagou2011 Majestic Gold Corp. 8
  9. 9. Project “Song Jiagou” – Exploration 2003 Signed JV Agreement to earn 60% of 13 licenses (including Song Jiagou) 2004 541m of channel samples in cross cuts - average 1.5 g/t over 95.4m (incl. 2.6 g/t over 47.5m) Results indicated bulk-mineable target 2005 26 holes drilled totaling 7,300m - tested near-surface and down-dip extension of near-vertical, high-grade mineralized fault zones 550m long, 500m wide, and up to 600m deep mineralized zone Initial resource estimate delivered >400,000 oz with limited data 2006 9 holes drilled on surface totaling 3,700m (infill), underground drilling on all levels (1,000m) Channel sampling L1 and L2 Prepared detailed geological / structural model Revised Resource Estimate (~1,200,000 oz) 2007/ 08 Trenching program to test the grades and widths of the gold mineralization on surface 5,000m of surface core drilling to further delineate near surface gold 2009 1,000m surface drilling 2010 Revised Resource Estimate (~3,000,000 oz) Mine operations commenced (at 1,400 tpd) – Mine expansion underway (to 7,400 tpd) Negotiated and closed acquisition of remaining 40% interest, land rights and processing facilities2011 Majestic Gold Corp. 9
  10. 10. Project “Song Jiagou” – Resource Estimate•  NI 43-101 Resource Estimate (October 18, 2010) Category Tonnes (t) Ounces (oz) Grade (g/t) Cut-off (g/t) Indicated 33,739,586 1,244,211 1.147 0.30 g/t Inferred 38,812,054 1,830,576 1.467 0.30 g/t Potentially Mineable Resources Tonnes Grade, Au (g/t) Classification* Indicated 29,875,527 1.201 Inferred 22,806,473 1.936 *Potentially Mineable Resources include the inferred mineral resources and are not mineral reserves.2011 Majestic Gold Corp. 10
  11. 11. Project “Song Jiagou” – Resource Displaying Gold Capped >= 0.4 gr/t $700/oz $750/oz $800/oz $850/oz $900/oz Indicated $1000/oz $1100/oz Inferred $1200/oz Stopes Total section thickness is 10 metres2011 Majestic Gold Corp. 11
  12. 12. Project “Song Jiagou” – Preliminary Assessment2011 Majestic Gold Corp. 12
  13. 13. Project “Song Jiagou” – Costs Capital Costs* 000’s US$ Pre-production (pre-strip) 0 Initial Capital 64,377 Initial Working Capital 7,120 Sustaining Working Capital 64,787 TOTAL CAPITAL COSTS 129,163 Operating Costs* US$/tonnes milled Mining, Process and Transport 10.72 G&A and Quality Control 0.95 TOTAL OPERATING COSTS 11.67 *Wardrop Engineering Inc. Preliminary Economic Assessment, January 2011.2011 Majestic Gold Corp. 13
  14. 14. Projected Cash FlowsMAJESTIC GOLD CORP CASH FLOWSProduction Schedule (000’s) Year -1 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8-10 Year 11-13 Year 14-16 Year 17-19 Year 20-22 TOTALTonnes Mined 4,472 7,644 7,173 10,500 9,574 10,354 9,343 26,092 20,060 19,271 20,143 9,310 153,936Tonnes Waste 3,072 4,965 4,399 7,714 6,848 7,608 6,639 18,125 12,139 11,177 11,832 5,859 100,377Tonnes Milled 1,400 2,442 2,442 2,442 2,442 2,442 2,442 7,326 7,326 7,326 7,326 7,326 52,682Head Grade 0.74 3.43 2.88 1.87 2.20 1.70 1.76 1.58 1.42 1.37 1.25 0.56Gold to Concentrate 31 256 215 139 164 126 131 354 317 305 277 119 2,434(oz)Gold for Sale (oz) 29 248 208 134 158 120 126 337 301 289 263 111 2,324Revenues 27,927 241,527 202,809 130,143 153,343 116,929 122,619 328,113 292,692 281,546 255,955 107,833 2,261,436Capital Expenditures 71,277 7,410 26,608 15,335 290 432 432 432 1,297 1,297 1,297 1,297 1,297 128,703Operating Costs 16,329 28,482 28,482 28,482 28,482 28,482 28,482 85,445 85,445 85,445 85,445 83,701 612,700Resource 1,089 9,512 7,981 5,108 6,025 4,587 4,811 12,866 11,468 11,028 10,020 4,197 88,693Compensation FeeSmelting Charges 700 3,719 3,290 2,432 2,718 2,265 2,335 6,470 5,992 5,834 5,465 2,896 44,117TOTAL COSTS 24,828 64,602 51,797 33,880 34,939 33,501 33,726 99,608 98,211 97,771 96,762 89,196 758,820Cost per oz 865 260 249 253 222 279 268 295 326 338 368 805 326Pre Tax Cash Flow 2,399 173,206 147,722 93,832 115,686 81,163 86,558 222,034 188,490 177,941 153,727 15,742 1,458,5002011 Majestic Gold Corp. 14
  15. 15. Revenue and Cash Flow Revenue and Cash Flow 275,000,000 1,600,000,000 250,000,000 1,400,000,000 225,000,000 Cumulative Cash Flow (CA$) 1,200,000,000 200,000,000 175,000,000 1,000,000,000 150,000,000CA $ 800,000,000 125,000,000 100,000,000 600,000,000 75,000,000 400,000,000 50,000,000 200,000,000 25,000,000 0 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 Year 21 Year 22 Revenues Pre Tax Cash Flow Cumulative Cash Flow2011 Majestic Gold Corp. 15
  16. 16. Gold For Sale Gold for Sale and Cost per Ounce 300000 1000 900 250000 800 700 200000 600 Cost (US$) OZ 150000 500 400 100000 300 200 50000 100 0 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20 Year 21 Year 22 Gold for Sale Cost per oz2011 Majestic Gold Corp. 16
  17. 17. Net Present Value – Economic Returns Project NPV Unit Pre-Tax 14.0% discount rate million US$ 381 12.0% discount rate million US$ 446 10.0% discount rate million US$ 525 8.0% discount rate million US$ 624 Project IRR 78.6% Payback years 1.4 Mine Life years 222011 Majestic Gold Corp. 17
  18. 18. Sensitivity Analysis Pre-Tax NPV @ 10% Sensitivity Analysis 900 800 700 600 ($ 000,000) 500 Gold Price 400 Exchange Rate 300 Gold Feed Grade 200 Operating Cost 100 Initial Capital Cost 0 -30% -20% -10% 0% 10% 20% 30%2011 Majestic Gold Corp. 18
  19. 19. Corporate Profile TSX Venture Exchange MJS Frankfurt Stock Exchange A0BK1D As of January 31st, 2011 ( CAD) Shares Outstanding Issued 499,826,309 Options 21,775,000 Warrants (@ 0.10) 52,889,197 Shares fully diluted 574,490,506 Market Cap $ CA124,956,577 Cash Position $ CA 4,000,000 Post Closing of Sale of Sawayerdun $ CA 4,750,000 Recent Share Price $ CA 0.25 52-week high-low $ CA 0.285 - $0.035 TSX Venture Exchange: 3 Mo Ave Daily Volume 710,473 shares ($ CA133,568) 12 Mo Ave Daily Volume 732,681 shares ($ CA 93,783)2011 Majestic Gold Corp. 19
  20. 20. Contact Information Head Office: Beijing Office: Majestic Gold Corp. Majestic Gold Corp. Suite 7730 - 1130 West Pender Street 509-C Building Vancouver, British Columbia V6E 4A4 Futongdong Ave. Canada Fengheng International Center Wangjing Telephone +1 (604) 681-4653 Beijing, 100102 Fax +1 (604) 568-4902 China Toll Free +1 (866) 282-8398 www.majesticgold.net investors@majesticgold.net2011 Majestic Gold Corp. 20
  21. 21. Song Jiagou Photo Gallery2011 Majestic Gold Corp. 21
  22. 22. Song Jiagou – Rapid Development May 2010 November 2010 January 20112011 Majestic Gold Corp. 22
  23. 23. Song Jiagou – Expanding Infrastructure Mill Construction August, 2010 August, 20102011 Majestic Gold Corp. 23
  24. 24. Song Jiagou – Expanding Infrastructure Mill Construction December, 2010 January, 20112011 Majestic Gold Corp. 24
  25. 25. Song Jiagou – Expanding Infrastructure Power & Water November, 2010 November, 20102011 Majestic Gold Corp. 25
  26. 26. Song Jiagou – Expanding Infrastructure Tailings and Water Return Pipeline November, 2010 January, 20112011 Majestic Gold Corp. 26
  27. 27. Song Jiagou – Expanding Infrastructure Floatation Cells December, 2010 January, 20112011 Majestic Gold Corp. 27
  28. 28. Song Jiagou – Expanding Infrastructure Motors January, 2011 January, 20112011 Majestic Gold Corp. 28
  29. 29. Song Jiagou – Expanding Infrastructure Classifiers December, 2010 January, 20112011 Majestic Gold Corp. 29
  30. 30. Song Jiagou – Expanding Infrastructure Mill Buildings November, 2010 January, 20112011 Majestic Gold Corp. 30
  31. 31. Song Jiagou – Expanding Infrastructure Mill Buildings February, 2011 February, 20112011 Majestic Gold Corp. 31
  32. 32. Song Jiagou – Expanding Infrastructure Mill Buildings November, 2010 February, 20112011 Majestic Gold Corp. 32
  33. 33. Song Jiagou – Expanding Infrastructure Dewatering February, 2011 February, 20112011 Majestic Gold Corp. 33

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