Vancouver, British Columbia – February 10, 2026 – Majestic Gold Corp. (“Majestic” or the “Company”) TSX.V: MJS, FSE: A0BK1D) announces that operations at both its Songjiagou Gold Project…
Vancouver, British Columbia – February 10, 2026 – Majestic Gold Corp. (“Majestic” or the “Company”) TSX.V: MJS, FSE: A0BK1D) announces that operations at both its Songjiagou Gold Project and Mujin Gold Project have been temporarily suspended following notification from the Yantai Emergency Management Bureau that all gold mining operations in Yantai are required to cease immediately. The suspension has been ordered in response to a serious accident that occurred on February 7, 2026 at an unrelated third-party mining operation in Zhaoyuan City, Yantai.
The Emergency Management Bureau advised the Company’s subsidiaries, Yantai Zhongjia Mining Co., Ltd.
(“Zhongjia”) and Yantai Mujin Mining Co., Ltd. (“Mujin”), that in addition to the immediate shutdown of the mine involved in the incident, all other non-involved mining companies in the region, including the Company, must also suspend production pending further notice. Zhongjia and Mujin have fully cooperated with the directive and have halted mining operations accordingly. The Company expects to receive an official written notice from the Emergency Management Bureau outlining the next steps.
The Company will provide further updates regarding the resumption of operations and any additional relevant information as it becomes available.
The Company also provides a corporate update that it continues its efforts in seeking additional gold property acquisitions and joint venture opportunities. Management is currently in South Africa attending the Mining Indaba 2026 and 121 Mining Investment Conferences, where the Company is meeting with potential partners and other mining companies to advance its strategic growth initiatives.
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
Share this release