The Gold Report

Majescor Resources Inc. TICKER: MJX:TSX.V Visit Company Website Majescor Resources Inc. is a junior explorer focusing on emerging mineral districts. The company's project portfolio includes the SOMINE copper-gold project in Haiti (majority-held by SIMACT Alliance Copper-Gold Inc., a wholly owned subsidiary of Majescor), the Mistassini uranium exploration project in Quebec (under joint venture, 40%-held by Majescor and 60% by Strateco Resources Inc.) and the Besakoa gold and base metal property in Madagascar (100%-owned and under option to Sunridge Gold Corp.).

The information provided below is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.

Expert Analysis

Ron Struthers, Struthers Resource Stock Report (2/1/12) "Majescor Resources Inc. announced awesome silver assays for the first five holes at the Douvray zone. . .with an average grade of 191 g/t Ag, 0.24% Cu and 0.01 g/t Au. The drilling conducted to date indicates the supergene enrichment zone is contained within an area that blankets the entire Douvray prospect, measuring over 350m by 500m, and remains open in all directions. . .if you have not bought any of this stock yet, it is still a good buy, as this latest news will add a lot more value. Just a quick back of the envelope calculation—we are looking at 20 Moz silver lying on top of this porphyry and it could be much bigger."

Ron Struthers, Struthers Resource Stock Report (1/10/12) "Majescor Resources Inc. released final assay results for drill hole D-002 on their Somine porphyry copper-gold project in northeast Haiti. . .primary sulphide zone results were (91.5m to 386.6m): 0.78 % Cu, 0.10 g/t Au and 2.82 g/t Ag over 295.1m, or 0.83 weight percent Cu eq over 295.1m. The mineralization is open at depth. . .the 3,500m phase 1 drill program for the Somine project is proceeding well, with drilling at the historical Blondin porphyry copper-gold prospect slated to start this week, and will lead into a 6,500m phase 2 drill program in the first quarter of 2012."

Ron Struthers, Struthers Resource Stock Report (12/22/11) "In August, Majescor reported drill results on their Faille B gold prospect/Somine project, northeast Haiti, with one hole intersecting a spectacular 77 g/t gold over 10.5m. . .no doubt this is an enormous porphyry discovery and the majors are already knocking on the company's door; we should use this current market correction and weakness to buy this major discovery on the cheap. When I met with Dan Hachey, the CEO of Majescor, I was joking with him that he should change the name to Major Score."

Bob Moriarty, 321gold (12/5/11) "Majescor Resources Inc. now controls a major gold/copper project first drilled in 2003 with some spectacular results. One hole showed an incredible 77 g/t Au over 10m. . .historic drilling results show a potential for a few hundred million tons of 1% copper. Drill results to date are spectacular."

The Gold Report Interview with Chen Lin (12/2/11) "I was very excited about my visit to the Majescor Resources Inc. gold property. The property has a huge potential and Newmont Mining Corp. is also in the area. Newmont has been very interested in Majescor's drilling program and even invited Majescor's company executives to its office when I was there. That tells you how much focus it has on this drilling program by Majescor. It will have drilling results coming out in December. First, it was targeting copper and copper-gold and then it will drill out the area with some very high gold intercepts. In a previous release, Majescor showed 10 meters of something like 70 g/t. It will drill that next year. Basically, it's a gold and copper or copper and gold project, depending on where you focus on it. . .Its market cap is only $15M and it could have a world-class deposit. Plus all the majors are looking at the drilling results. . .Majescor has been working on this project for two or three years and finally the drilling starts. It's a pretty exciting time for shareholders." More >

• Corporate Presentation (11/30/11)
• Corporate Fact Sheet (1/22/12)

(2/9/12) MJX: CEO Interview

(2/6/12) MJX: Interview with CEO Daniel Hachey

(1/26/12) MJX: Somine Update

(1/11/12) MJX Update

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