Mr. James Mackie reports

MAJESTIC GOLD ANNOUNCES RESUMPTION OF OPERATIONS AT DGZ MINE

Operations at Majestic Gold Corp.'s Denggezhuang underground mine (the DGZ mine) in Muping district, Yantai City, Shandong province, have resumed following regulatory approval.

As disclosed in Majestic's news release dated July 28, 2025, production at the DGZ mine was suspended after a workplace accident that resulted in a fatality. The Emergency Management Department and Safety Supervision Administration (EMD and SSA) ordered the suspension to allow for investigation and rectification measures.

During the suspension period, the company and its operating subsidiary, Yantai Mujin Mining Co. Ltd., implemented comprehensive self-inspection and corrective measures in accordance with regulatory requirements. Under order of the EMD and SSA, the Emergency Management Bureau of Muping district, subsequently conducted detailed reviews and inspections of the DGZ mine.

On Sept. 26, 2025, Yantai Mujin received the "Safety Production Administrative Enforcement Document - Rectification Review Opinion ((Lu Yan Mu) Emergency Review (2025) No. 138)" issued by the Emergency Management Bureau, confirming that all required rectifications had been completed and granting approval for the DGZ mine to resume operations. Accordingly, Yantai Mujin has immediately resumed mining operations at the DGZ mine.

About Majestic Gold Corp.

Majestic Gold, 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.

We seek Safe Harbor.