Majescor Resources (TSXV:MJX) President & CEO Daniel Hachey Interviewed by Jay Taylor on Face the Analyst - Video of Interview Posted on www.InvestmentPitch.com
(Thomson Reuters ONE) -
Vancouver, British Columbia, February 9, 2012 - Jay Taylor, Editor of J.
Taylor's Gold, Energy & Tech Stocks Report, and Publisher at
www.jaytaylormedia.com, interviews Daniel Hachey, President & CEO of Majescor
Resources (TSXV:MJX).
This video is one of Jay Taylor's "Face the Analyst" series of interviews, and
is available for viewing on InvestmentPitch.com. If this link is not enabled,
please visit www.InvestmentPitch.com and enter "Majescor" in the search box.
Majescor, through its strategic partnership with SIMACT Alliance Copper Gold
Inc., is participating in the development of the SOMINE gold and copper property
with excellent discovery potential, located in the North-East mineral district
of the Republic of Haiti. The SOMINE property lies within a highly prospective
volcanic arc environment, host to numerous epithermal gold and porphyry copper
occurrences in Haiti, as well as the World-Class Pueblo Viejo gold deposit in
the adjacent Dominican Republic.
The SOMINE property hosts two historical copper prospects (Douvray and Blondin),
and a historical gold prospect (Faille-B), together with a series of newly
discovered copper-gold showings and soil copper anomalies. Not only does the
SOMINE Property contain three historical copper and gold occurrences, the
mineral rights of which are secured under a mining convention with the State,
but it is surrounded by ground recently acquired by Eurasian Minerals Inc. and
partner Newmont Ventures Ltd.
Last week, the company announced the results from the final five drill holes at
its Douvray copper-gold project in Northeast Haiti. All five holes intersected
significant enrichments of silver within the supergene oxide zone.
Highlights of these results included 255 grams per tonne silver over 13.5 metres
from surface in the supergene oxide zone of Hole D-002, along with 0.35% copper
and 0.02 grams per tonne gold. This intercept included 2,069 grams per tonne
silver, 0.52% copper and 0.04 grams per tonne gold from a 1.5 metre intercept
just 6 metres from surface.
At Hole D-004, located 359 metres northwest of Hole D-002, the company reported
277 grams per silver, 0.18% copper and 0.04 grams per tonne gold, again within a
13.5 metre intercept starting at surface. And at Hole D-005, 440 metres
northwest of Hole D-002, a 213 metre intercept starting a just 25 metres below
surface, returned 0.60% copper, along with 0.88 grams per tonne silver and 0.08
grams per tonne gold.
To view the complete assay results, please refer to the company's news releases
of January 31st and February 1st.
The company also announce a private placement led by M Partners Inc. of up to
twelve million units at a price of $0.25 per unit for gross proceeds of a
minimum of $2,000,000. Each unit will consist of one common share in the capital
of Majescor and one-half of one common share purchase warrant. Each whole
warrant will entitle the holder thereof to purchase one additional common share
at a price of $0.40 per share. The warrants will expire twenty-four months from
the date of issue. The offering is expected to close on, or about Feb 29, 2012.
For more information, please visit Majescor's website at www.majescor.com, phone
905-206-1604 or email dan(at)majescor.com.
InvestmentPitch.com is a multimedia company that provides a combined solution
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multiple platforms to investors and financial professionals. InvestmentPitch.com
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research reports.
CONTACT:
InvestmentPitch.com
Barry Morgan, CFO
604-684-5524
bmorgan(at)investmentpitch.com
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Source: InvestmentPitch via Thomson Reuters ONE
[HUG#1584460]
Unternehmensinformation / Kurzprofil:
Datum: 09.02.2012 - 23:10 Uhr
Sprache: Deutsch
News-ID 113229
Anzahl Zeichen: 4639
contact information:
Kategorie:
Business News
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