Mr. James Mackie reports

MAJESTIC GOLD RESUMES OPERATIONS AT ITS MUJIN GOLD PROJECT

Majestic Gold Corp. has resumed operations and production at the DGZ underground mine, located within its Mujin gold project.

Reference is made to the company's Feb. 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, 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 on SEDAR+ and on the company's website.

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