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Bullboard - Stock Discussion Forum Mayfair Gold Corp MFGCF


Primary Symbol: V.MFG

Mayfair Gold Corp. is a Canada-based mineral exploration company. The Company is primarily engaged in the acquisition and exploration of mineral properties in Canada. The Company is focused on advancing its 100% owned Fenn-Gib gold project, which is located in Guibord and Munro Townships in northeast Ontario, approximately 80 kilometers east of Timmins. Its Fenn-Gib gold project consists of... see more

TSXV:MFG - Post Discussion

Mayfair Gold Corp > Mayfair Gold Drills 3.14 g/t Au over 10.0m
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Post by Betteryear2 on Jan 10, 2024 10:37am

Mayfair Gold Drills 3.14 g/t Au over 10.0m

  • Hole FG23-359 reports 27.60 g/t Au over 2.1m, hole FG23-361 intersected 16.47 g/t Au over 2.3m and hole FG23-351 reported 2.19 g/t Au over 16.8m, including 3.28 g/t Au over 7.0 and 3.21 g/t Au over 2.0m
  • Mineralization outside current Fenn-Gib pit-constrained 3.38M ounce deposit
  • Footwall Zone structure over 500m strike length, open in all directions
  • Steep dipping mineralization from surface to below 600m
  • Multiple parallel mineralized structures intersected
  • Two drill rigs active at Footwall Zone

VANCOUVER, British Columbia, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to announce further results from the higher-grade Footwall Zone located approximately 100 meters (m) to the northwest of the Fenn-Gib gold deposit. Mayfair’s 100% controlled Fenn-Gib Project, located in the Timmins region of Northeast Ontario, hosts a NI 43-101 open-pit constrained Indicated mineral resource estimate of 3.38 million (M) ounces (oz) gold (Au) at a grade of 0.93 grams per tonne (g/t) Au and an Inferred mineral resource of 0.16Moz Au at 0.85 g/t Au (see the “About Mayfair” section below). The near-surface Fenn-Gib gold mineralization is broadly disseminated striking east-west on the Pipestone Fault over more than 1.5 kilometers (km), and is over 500m wide at the west end.

Mayfair Gold Drills 3.14 g/t Au over 10.0m including 15.94 (globenewswire.com)

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