

Vancouver, British Columbia – September 26, 2025 – TheNewswire - Majestic Gold Corp. (“Majestic” or the “Company”) (TSX.V: MJS, FSE: A0BK1D) is pleased to announce that operations at its 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 & SSA”) ordered the suspension to allow for investigation and rectification measures.

Vancouver, British Columbia – TheNewswire - July 28, 2025 - Majestic Gold Corp. (“ Majestic” or the “Company ”) (TSX.V: MJS, FSE: A0BK1D) regrets to report that a hanging wall accident occurred at its Denggezhuang Underground Mine (the “ DGZ Mine ”) of Yantai City Mujin Mining Company Limited (“ Yantai Mujin ”), a subsidiary of the Company. The incident involved a worker who was struck by loose rock while performing risk removal operations. Despite immediate rescue efforts, the worker succumbed to their injuries. Following the incident, the Shandong Provincial Emergency Management Department and Shandong Bureau of the State Mine Safety Supervision Administration (“EMD & SSA”) ordered the suspension of production, rectify the situation and temporarily withhold the relevant licenses of the DGZ Mine. In addition, an accident investigation team must immediately be established to determine the cause and nature of the accident, investigate the responsibility of the on-site management, and evaluate the direct economic losses of the accident,. The team will jointly review the remediation measures undertaken by Yantai Mujin before authorizing the resumption of operations at the DGZ Mine.

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