Vancouver, British Columbia TheNewswire – November 24, 2025 Majestic Gold Corp. (“Majestic” or the “Company”) (TSX.V: MJS, FSE: A0BK1D) is pleased to announce that operations at the Songjiagou Underground Mine (“SJG Underground Mine”) have resumed, following the successful extension of the safety production permit.
As announced in the press release dated September 15, 2025, the company’s operations at the SJG underground mine were temporarily suspended on September 1, 2025 due to the expiration of the safety production permit.
On November 20, 2025, the company’s subsidiary, Yantai Zhongjia Mining Co., Ltd., received the extension of the safety production permit and subsequently resumed operations at SJG’s 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 the Songjiagou Gold Mines, Flagship Project and Mujin Gold Project. Additional information about the company and its projects is available at www.sedarplus.ca and on the company’s website at www.majesticgold.com .
For more information please contact:
James Mackie, Chief Financial Officer and Company Secretary
Phone: (604) 560-9060
Email: info@majesticgold.com
www.majesticgold.com
Forward-looking information
Certain statements contained herein may constitute forward-looking statements and are made pursuant to the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and Canadian securities laws. Forward-looking statements are statements that relate to future events. Such statements include estimates, forecasts and statements about management’s expectations regarding, among other things, business and financial prospects, financial multiples and growth estimates, future trends, plans, strategies, objectives and expectations, including with respect to production, exploration drilling, reserves and resources, operating activities and events or future operations. Information derived from the interpretation of drilling results and mineral resource estimate information may also be considered forward-looking statements as it constitutes a prediction of what may be present when and if a project is actually developed.
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Although these forward-looking statements and any assumptions on which they are based are made in good faith and reflect our current judgment about the direction of our business, actual results will almost always differ, sometimes materially, from any estimates, forecasts, projections, assumptions or other future performance suggestions contained herein. Except as required by applicable law, Majestic Gold does not intend to update any forward-looking statements to conform these statements to actual results.
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