Majestic Gold Corp. reported unaudited consolidated production results for the fourth quarter and full year and earnings results for the full year ended September 30, 2017. For the year, gold produced was 25,363 ozs against 22,975 ozs a year ago. Tonnes mined were 1,509,566 compared to 1,662,583 a year ago. Tonnes milled were 1,578,261 compared to 1,619,876 a year ago. Gold sold was 22,973 ozs against 22,924 ozs a year ago.

Gold produced for the fourth quarter of 2017, was 6,733 ounces, compared to 5,258 ounces produced for the 2016 comparative quarter;

For the year, total revenues were $29,478,603 against $27,801,966 a year ago. Adjusted EBITDA was $10,053,576 against $1,851,687 a year ago. Net income attributable to shareholders was $2,225,753 against net loss attributable to shareholders of $2,914,351 a year ago.