MAJESTIC GOLD CORP (MJGCF.PK)

MAJESTIC GOLD CORP (MJGCF.PK) 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 has been used by humans for thousands of years and the primary uses of this precious metal have not changed. Using gold to fashion ornaments and jewelry and as the ultimate store of value is still the main uses of gold today. As technology advanced over the past decades, gold has found additional uses in areas such as electronics and dentistry but these new applications consume only a small proportion of gold mined every year. Gold is not affected by air and most reagents and is a very good conductor of heat and electricity. Heat, moisture, oxygen, and most corrosive agents have very little chemical effect on gold. This makes gold an excellent material for electrical switching mechanisms and plug contacts.


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