Majestic Gold Corp.

Majestic Gold Corp.

October 31, 2007 19:00 ET

Majestic Gold Appoints Mine Geologist & General Manager for Song Jiagou

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 31, 2007) - Majestic Gold Corp. (TSX VENTURE:MJS) ("Majestic" or "the Company") is pleased to announce it has enlisted the services of two geological experts to assist in the development of the Company's Song Jiagou operation. Mr. William Hoffer has been appointed as a mine geologist to provide advice and expertise on the geological aspects of development and production of the Song Jiagou project, while Mr. Jim Yin will serve as the general manager and liaison with Majestic's joint venture partners.

Mr. Hoffer holds a Bachelor's of Science in Geology from the University of Southern Dakota and brings over twenty years of experience in open pit and underground mining of precious metals in Canada and abroad. His industry experience has been primarily as a senior manager in underground and surface mine production with a focus on project management. Mr. Hoffer has worked with several resource companies including Inco Gold Inc. and TVX Gold Inc., and has gained in depth experience in the following areas: pre-feasibility study (underground and surface); reserve auditing (internal and external); deposit modeling; mine construction and pre-production development; mine design and layout; land management and lease negotiation; and budgeting. Mr. Hoffer will lend his expertise to the Company's key mine development activities.

Mr. Yin holds a PhD, Masters of Science, and Bachelor's degree in geology and mineral deposits from the College of Earth and Sciences in China, the University of Geosciences in China, and the British Columbia Institute of Technology in Canada. Mr. Yin has international geological and managerial experience working on numerous projects across North America and abroad. Mr. Yin will serve as general manager of Majestic's JV company and the liaison with the Company's Chinese partners and Chinese government officials, providing the Company with overall planning and support to further develop the Muping joint venture, including the Song Jiagou project.

"We are pleased to have two such highly experienced individuals joining our team," said Majestic president, Rod Husband. "Their combined strengths will help ensure rapid development of our project."

About Majestic Gold Corp.

Majestic Gold Corp. is a gold exploration company focused on exploring and developing advanced stage projects in China. The Company has two gold projects located in prolific gold regions of China, Song Jiagou in eastern Shandong Province and Sawayaerdun in western Xinjiang Province. Majestic's projects host 1.2 and 1.5 million ounces of gold to date respectively and the 2007 exploration programs are well underway as the Company works to rapidly advance these projects toward production.

This news release was reviewed by qualified persons as defined by National Instrument 43-101, including Rod Husband, P. Geo., who has prepared and reviewed the technical information contained herein.

On Behalf of the Board of Directors

Rod Husband, P.Geo., Director, President and CEO

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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