Majestic Gold Corp. announced that Mr. James Mackie has been appointed Chief Financial Officer and elected to the company's board of directors effective immediately. Mr. Mackie is replacing Tom Needham as CFO, who is retiring from the company and Gurminder Sangha, who has resigned as a director. Mr. Mackie more recently, has acted as Corporate Controller for a number of mining exploration companies listed on the Toronto Stock Exchange and TSX Venture Exchange.

Majestic Gold Corp. announced production results for the month and first quarter ended December 2012. For the month, the company reported record gold production of 1,716 ounces. For the quarter, the company reported record gold production of 4,813 ounces.

Majestic Gold Corp. announced the appointment of Mr. Gengshu Miao to the company's Board of Directors. Mr. Miao is a senior economist who spent his entire career in the mining and investment sectors in China. He has held a number of senior positions in the Chinese mining industry, including President of China National Metals and Minerals Import and Export Corporation from September 1997 through December 2004. Mr. Miao is currently the President of the China Council for International Investment Promotion. Terry King has stepped down from the Board to create a vacancy for the appointment of Mr. Miao, but will continue as the company's corporate legal counsel.