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November 24, 2025· Press

Majestic Gold Resumes Operations at the SJG Underground Mine

Vancouver, British Columbia – November 24, 2025 – Majestic Gold Corp. (“Majestic” or the “Company”) (TSX.V: MJS, FSE: A0BK1D) is pleased to announce that operations have resumed at its…

Vancouver, British Columbia – November 24, 2025 – Majestic Gold Corp. (“Majestic” or the “Company”) (TSX.V: MJS, FSE: A0BK1D) is pleased to announce that operations have resumed at its Songjiagou Underground Mine (“SJG Underground Mine”), following the successful renewal of its safety production permit.

As disclosed in the September 15, 2025 news release, the Company’s operations at the SJG Underground Mine were temporarily suspended on September 1, 2025, due to the expiration of its safety production permit.

On November 20, 2025, the Company’s subsidiary, Yantai Zhongjia Mining Co., Ltd., received its safety production permit renewal and has subsequently resumed operations at the SJG Underground Mine.

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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