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Building shareholder value through the discovery and development of gold, base metal and uranium deposits in emerging mineral districts

MJX-TSXV

2011 BUSINESS DEVELOPMENT

STRATEGY

DISCLAIMER 2

Forward-Looking Statement This presentation may contain or refer to certain forward-looking statements subject to certain risks and uncertainties. These statements are based on information currently available to Majescor and the Company provide no assurance that actual results will meet the stated expectations. Forward-looking statements include estimates and statements that describe the Companies’ future development plans, objectives or goals, including words to the effect that expect a stated condition or result to occur. Forward-looking statements may be identified by such terms as "anticipates", "believes", "could", "estimates", "expects", "may", "shall", "will", or "would". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, project development, capital costs, commodities market trends and new opportunities and prospects could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this presentation. This list is not exhaustive of the factors that may affect any of Majescor’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company’s forward-looking statements. Majescor does not undertake to update any forward-looking statement that may be made from time to time by its management or on its behalf, except in accordance with applicable public disclosure rules and regulations.

ABOUT MAJESCOR

Majescor is a junior explorer focusing on emerging mineral districts. The company’s current primary focus is on their Haiti Gold-Copper property;

On July 29, 2010, the Company announced the acquisition of all of the remaining issued and outstanding common shares of SACG giving Majescor approximately 62% interest in the property.

Majescor owns 100% of SACG who hold title to 62% of all the issued and outstanding shares of SOMINE SA, a company incorporated under the laws of the Republic of Haiti. SOMINE SA’s principal asset is its 100%-owned SOMINE

copper-gold Property, located in the North-East mineral district of Haiti.

Majescor's project portfolio also includes;

One uranium exploration project in Quebec: Mistassini (Joint Venture; 40% Majescor and 60% Strateco Resources Inc.)

Majescor owns 100% mineral rights to one gold and base metal property in Madagascar (under option to Sunridge Gold Corp.)

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MANAGEMENT 4

Directors and Officers

Daniel F. Hachey: President & CEO, Director C. Tucker Barrie, Ph.D.: VP Exploration & Director Khadija Abounaim: CFO and Corporate Secretary Anthony Giovinazzo: Chair, Audit Committee & Director Jacques Trottier, Ph.D. Director Marc-André Bernier: Director

Advisers

Marc Boivin: Consultant – Geophysics Frank Mariage: Legal Counsel – Miller Thomson

2010 HIGHLIGHTS 5

Leading exploration project in Haiti

Copper and Gold prospects

Sound capital structure:

61 million shares outstanding

85 million fully diluted

Why the timing is right in Haiti:

The recent earthquake in Haiti did not affect Majescor’s property

The huge amount of international resources and support coming into Haiti after the earthquake will ensure its political stability as the country rebuilds

Mining interests surrounding Majescor’s Haitian property:

Newmont (via Eurasian) has committed to spending $30 million over 6 years on their neighbouring properties

One of the world’s largest gold deposits (Barrick’s Pueblo Viejo in the Dominican Republic) is across the border from Majescor’s property

Infrastructure in Haiti:

Majesor’s property is near Cape Haitien, Haiti’s second largest city with a population of over 200,000 (accessible labour force) and a deep water port

DANIEL F. HACHEY,B.SC.,MBA

PRESIDENT AND CEO 6

Appointed President and CEO of Majescor on February 11, 2010

Investment banking background with over 24 years of experience in the capital markets, largely in the area of public equity financings and private placements

Extensive experience and knowledge of the venture capital market and of the junior resource industry

Mr. Hachey has held senior investment banking positions with a number of firms, and has worked in Toronto, New York and Montreal

Notable financings: Glamis Gold Ltd. , Wheaton River Minerals (both acquired by Goldcorp Inc.); Canico Resource Corp. (acquired by CVRD); as well as many other companies in various industries including mining, oil & gas, forest products and technology

Board of Directors positions with both public (NASDAQ, AMEX, TSX and TSX-V) and private companies

7 SOMINE CU-AU PROJECT

REPUBLIC OF HAITI

Majescor and SACG hold a significant land position with demonstrated Cu-Au potential in one of the few remaining emerging mineral districts of the

Americas.

The SOMINE Property lies within a highly prospective Mesozoic-Cenozoic volcanic-intrusive arc trend which contains numerous epithermal gold and porphyry copper occurrences in Haiti, as well as the World-Class Pueblo Viejo gold-copper mine in the adjacent Dominican Republic

Three historical Cu-Au prospects with potential for resource estimate upgrades

Over 100 new copper occurrences found in 2009

New significant gold showing at Grosse Veine (up to 71 g/t Au)

New NI 43-101 technical report by a leading copper porphyry exploration specialist

Major international effort underway to rebuild the country following the devastating January 12 earthquake

Strategic land position. The only competitor in the region is Eurasian Minerals

Newmont announced $30 Million exploration via Eurasian JV in the area (Majescor’s property is in the middle of these claims)

“T H E S O M I N E P R O P E R T Y C O V E R S FAV O U R A B L E V O L C A N I C A N D I N T R U S I V E R O C K S O F T H E M A S S I F D U N O R D S U B - T E R R A N E , A N D C O N TA I N S T H R E E P R O S P E C T S : T H E B L O N D I N A N D D O U V R AY P O R P H Y R Y C O P P E R D E P O S I T S A N D T H E FA I L L E B Q U A R T Z V E I N G O L D P R O S P E C T. T H E R E I S S T R O N G E V I D E N C E T H AT T H E P O R P H Y R Y C O P P E R M I N E R A L I Z AT I O N C O N T I N U E S PA S T T H E A R E A S P R E V I O U S LY D R I L L E D A D J A C E N T TO T H E D O U V R AY D E P O S I T, A N D T H AT A L L T H R E E P R O S P E C T S A R E FAV O U R A B L E F O R D E F I N I T I O N A N D E X PA N S I O N O F B A S E A N D P R E C I O U S M E TA L R E S O U R C E S .”

C .T. B ARR IE , P.G EO . , P H .D .

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* Historical, Non NI 43-101 compliant estimates

SOMINE PROPERTY LOCATION

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New Copper Showings in 2009 10 km long by up to 3.5 km wide copper-bearing corridor outlined through geological compilation work and new systematic surface outcrop sampling

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New Gold Showings outlined on the SOMINE property in 2009 Grosse-Veine: 71 g/t Au Up to 5.80% Cu

2011 EXPLORATION PROGRAM

Majescor and SACG plan to implement the recommendations set forth in the December 2009 NI 43-101 technical program (filed on Sedar). Dr. Tucker Barrie (Ph.D. Geology) states in his report:

“The SOMINE property also presents an opportunity to explore prospective terrain for porphyry copper quartz vein gold deposits using standard geological, geochemical and geophysical methods, initially by extending exploration from known mineralization. Previous exploration on the property indicates that induced polarization (“IP”) methods can detect significant chargeability anomalies in this favourable volcanic arc terrain. Majescor should use further ground IP, rock chip and soil geochemical surveys to cover much of the property.”

On the basis of the above, Dr. Barrie recommends a Phase I exploration program estimated at $1.2 million and comprising the following: re-establishment of an exploration camp; extending surface grids; continued soil and rock chip sampling on grids; ground IP surveys on the grids in areas not previously surveyed; a 3,500m – 15 hole core drilling campaign; as well as initial environmental baseline studies.

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QUEBEC M ISTASSINI URANIUM PROPERTY 13

Region: Otish Mountains, Northern Quebec

Commodity: Uranium

Operator: Strateco Resources (option)

Area: 171 CDC covering 91.2 km²

Development Stage: Target delineation

Target: Lac Mantouchiche prospect

18.5 m @ 0.215% U3O8 (one of the most significant new U discoveries outside of the Athabasca basin)

Status:

July 2009: Discovery through drilling of two new Uranium zones; re-interpretation of geological and geophysical data based on the new results;

MISTASSINI (CONT. ) 14

Located 35 km from the Eastmain winter road (future year-round

access road) and 50 km from Strateco’s Matoush deposit (Ni 43-101 Indicated Resources of 3.4 M lbs of U3O8 + Inferred Resource of 3.0 M Lbs of U3O8 at zone MT-34 zone; Inferred resource of 9.5 M Lbs of U3O8 at zone MT-22 (Sept. 2009)).

The Mistassini property area is greatly under-explored as it is situated in an off-basin basement geological setting Kiggavik-style mineralization (fault-hosted); Kiggavik group of

deposits(Nunavut), contain an estimated 67,000 t of U3O8 and are presently undergoing a pre-feasibility study by Areva

Other basement-hosted uranium occurrences in the Otish Mountains include Dios’ Hotish Bute (3.5 m @ 0.09% U3O8) and Virginia Energy’s Lorenz Gully prospect (0.5 m @ 1.87% U3O8 )

Majescor’s exploration target: One or more basement hosted

uranium deposits with dimensions of 500 m X 10 m X 200 m and an average grade of 0.15% U3O8 =

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Lac Mantouchiche Showing

• 18.5m @ 0.215% U3O8

46m deep

• 3.0m @ 0.08% eU3O8 64m deep

New Zones

• 11.0m @ 0.13% eU3O8

32m deep

• 13.9m @ 0.08% eU3O8 40m deep

MISTASSINI (CONT. )

MADAGASCAR

GOLD-BASE METAL PROJECTS 16

Region: Madagascar

Number of properties: 1

Commodities: Au-Ag-Cu-Zn-Pb

Operator: Sunridge Gold Corp. (option)

Development stage: Target testing

Most advanced project: Besakoa VMS property

21.5 m @ 0.7% Cu, 0.5 g/t Au, 1.1% Zn and 21.4 g/t Ag (the most significant VMS prospect in Madagascar)

Untested, coincident geophysical/geochemical anomalies

Project status:

Ground gravity survey and systematic soil geochemical sampling program focusing on the main Besakoa VMS prospect and on new airborne geophysical targets

Budget 2011: $1.5 Million

MAJESCOR

CORPORATE PROFILE 17

Symbol: MJX- TSXV

Close (November 30/11): $0.215

Price (52 week hi/low): $0.36 – $0.10

Shares Outstanding (Nov. 30/2011): 61,334,410

Shares Fully Diluted: 85,778,710

Website: www.majescor.com

Auditor: Raymond Chabot Grant Thornton LLP

Legal: Miller Thompson

FOR MORE INFORMATION ON

MAJESCOR 18

To find out more about Majescor Resources Inc. (TSX-V: MJX), please visit our website at www.majescor.com, or contact us directly at:

Daniel F. Hachey

President & CEO

Majescor Resources Inc.

dan@majescor.com

Tel: 905.206.1604

19 THANK YOU