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Project · Muping district, Shandong

Muping & Mujin: revealed layer by layer.

Value is revealed over time, layer by layer.
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Overview

Muping / Mujin

Shandong Province, China

The Muping / Mujin gold project is Majestic Gold's most recent acquisition, secured in October 2025 through a 52% interest in Yantai Mujin Mining Co. for total consideration of approximately CAD$15.8 million (RMB81.9 million). The project sits inside the same Shandong metallogenic belt as our flagship Songjiagou mine, broadening the Company's exposure to high-grade underground gold within an established mining district.

Recently acquired (Oct 2025)
Status
52%
Interest acquired
~CAD$15.8M
Acquisition cost
RMB81.9M
RMB consideration
Muping, Shandong
Region
Underground gold
Style

01 — Geology

The orebody, in its own words.

Gold mineralisation in the Muping district is characteristic of the wider Jiaodong gold belt — quartz-vein hosted gold within altered metamorphic host rocks, with structurally controlled lodes that historically support selective high-grade underground mining. Specific reserve and resource estimates for Majestic Gold's interest in the project will be disclosed as technical work is completed.

02 — Community

We mine with the people who host us.

The acquisition consolidates Majestic Gold's footprint within a single provincial mining district, allowing technical, procurement, and workforce leverage between our two Shandong assets and supporting continuity for the local communities and supply chain that host both operations.

“Patience is the rarest commodity in mining. We choose to keep ours in reserve.”

— From the China field log

03 — Project history

A timeline.

  1. 202552% interest in Yantai Mujin acquired for ~CAD$15.8M
  2. 2026Technical evaluation and integration

04 — FAQ

Frequently asked questions.

What is the Muping Gold Project?

The Muping Gold Project (also referred to as Muping / Mujin) is a gold development asset in the Muping district of Shandong Province, China. Majestic Gold Corp. acquired a 52% interest in the project through Yantai Mujin Mining Co. in October 2025.

How much did Majestic Gold pay for Muping?

Majestic Gold acquired its 52% interest in Yantai Mujin and the Muping Gold Project for total consideration of approximately CAD$15.8 million (RMB81.9 million), completed in October 2025.

Is Muping in production?

The Muping / Mujin project was acquired in October 2025 and is currently in the integration and evaluation phase. Updated technical and operational disclosures will be released as work progresses.

How does Muping fit Majestic Gold's strategy?

Muping is located in the same Shandong metallogenic belt as the producing Songjiagou Gold Mine, allowing the Company to leverage existing technical capability, procurement, and regional relationships while broadening its exposure to high-grade underground gold mineralisation.