A projectile magazine for use with an airgun having a bolt is described herein. The magazine includes a housing with a loading end and openings along a longitudinal axis extending from the loading end to a loading area. The magazine further includes a carousel with a plurality of projectile holders movable through the loading area. Each projectile holder has a projectile holder gap facing the loading end when in the loading area. The projectile holder gap is smaller than a width of the bolt and the projectile holder is resiliently deformable to allow the bolt through the projectile holder gap when exposed to forces created during separation of the magazine and the bolt through the frame gap while the projectile holder does not deform to allow a projectile to be removed from the projectile gap when exposed to the forces generated by a projectile during use of the magazine.