Majestic Gold Grants Stock Options

730 – 1130 West Pender Street Vancouver, B.C. Canada V6E 4A4 Telephone: 604-681-4653 Facsimile: 604-568-4902 TSX.V:MJS Email: [email protected]

Majestic Gold Grants Stock Options

Vancouver, British Columbia, June 22, 2010 – Majestic Gold Corp. (TSX.V: MJS) (“Majestic”) announces that, subject to the 2007 stock option plan and acceptance for filing by the TSX-V, the Company will grant up to an aggregate of 20,000,000 options to purchase common shares of the Company at a price of $0.12 to directors, senior officers and consultants of the Company and its subsidiaries. The options will be exercisable up to June 22, 2015.

Majestic Gold Corp. is an advanced stage gold exploration and development company with a very advanced gold deposit in the prolific gold region of Songjiagou in eastern Shandong Province (which contains 2.7 million ounces in a 43-101 compliant resource).

On Behalf of the Board of Directors

MAJESTIC GOLD CORP.

Signed "Rod Husband"

Rod Husband, P.Geo President

Contact:

Investor Relations: (604) 681-4653 or 1-866-282-8398 Email: [email protected] or visit our Website: www.majesticgold.net

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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.