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March 23, 2026· Press

Majestic Gold Resumes Operations At Its Mujin Gold Project

Vancouver, British Columbia – March 23, 2026 – Majestic Gold Corp. (“Majestic” or the “Company”) TSX.V: MJS, FSE: A0BK1D) is pleased to announce that operations and production have…

Vancouver, British Columbia – March 23, 2026 – Majestic Gold Corp. (“Majestic” or the “Company”) TSX.V: MJS, FSE: A0BK1D) is pleased to announce that operations and production have resumed at the DGZ Underground Mine, located within its Mujin Gold Project.

Reference is made to the Company’s February 10, 2026 news release in relation to the suspension of production at the Mujin Gold Project.

Given the relatively short duration of the production suspension, the Company does not expect the interruption to have a material impact on its annual gold production for 2026.

About Majestic Gold Corp.

Majestic Gold Corp., a British Columbia based company, is a low-cost junior gold producer engaged in commercial gold production in eastern Shandong Province, China, with mining operations at its Songjiagou Gold Mines, its flagship project, and the Mujin Gold Project. Additional information on the Company and its projects is available at www.sedarplus.ca and on the Company’s website at www.majesticgold.com.

For further information, please contact:

James Mackie, Chief Financial Officer & Corporate Secretary

Telephone: (604) 560-9060

Email: info@majesticgold.com

www.majesticgold.com

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