Majestic Gold Discloses Revision to Finder’s Fees

730 – 1130 West Pender Street Vancouver, B.C. Canada V6E 4A4 Telephone: 604-681-4653 Facsimile: 604-683-6557 TSX.V:MJS Email: [email protected]

Majestic Gold Discloses Revision to Finder’s Fees

Vancouver, British Columbia, June 10, 2010 – Majestic Gold Corp. (TSX.V: MJS) (“Majestic”) announces a revision to finder’s shares in relation to its non-brokered private placement announced on October 7, 2008.

It was disclosed in error in the Form 4B submitted to TSX-V on November 6, 2008 that the Finder was to be paid $79,737.85 cash and 39,809 warrants. The amounts which should have been disclosed are $79,737.85 cash and $39,809 worth of shares (not warrants) @$0.05 for a total of 796,183 shares. This revision is subject to TSX Venture Exchange approval.

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.