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Mayfair Gold Corp V.MFG

Alternate Symbol(s):  MFGCF

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% controlled Fenn-Gib gold project, located in Guibord and Munro Townships in northeast Ontario, approximately 80 kilometers east of Timmins. Its Fenn-Gib gold project consists of approximately 4,800 hectares. Its Fenn-Gib gold project consists of approximately 21 fee simple patented properties, 153 unpatented mining claims and 144 patented leasehold mining claims located in the Guibord, Munro, Michaud and McCool Townships in northeast Ontario, Canada. The Fenn-Gib Project comprises two property packages, referred to as the Fenn-Gib North and South Blocks, which are separated by approximately three kilometers.


TSXV:MFG - Post by User

Post by Betteryear2on May 02, 2023 7:15pm
240 Views
Post# 35426353

Mayfair Gold Reports 0.71 g/t Gold over 371.0m

Mayfair Gold Reports 0.71 g/t Gold over 371.0m
  • Hole FG-294A reports 0.90 g/t Au over 121.7m, including 1.12 g/t Au over 45.5m and 1.56 g/t Au over 28.6m
  • 128,000m of 140,000m Infill and Expansion Drill Program Completed
  • Resource update scheduled for Q2 2023
  • Open-pit geotechnical drill program and hydrogeological survey in progress
  • Footwall Zone IP geophysical survey continuing
  • Pre-feasibility Study scheduled for H2 2023

VANCOUVER, British Columbia, May 02, 2023 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to announce the latest set of drill results from the Fenn-Gib resource expansion and infill drill program. Mayfair’s 100% controlled Fenn-Gib Project, located in the Timmins region of Northeast Ontario, hosts a NI 43-101 open-pit-constrained Indicated Resource of 3.06 million (M) ounces and an Inferred Resource of 0.31M ounces (see the “About Mayfair” section below), with disseminated gold mineralization striking east-west on the Pipestone Fault over more than 1.25 kilometers (km) and up to 300 meters (m) wide at the west end.

Mayfair Gold Reports 0.71 g/t Gold over 371.0m, Including (globenewswire.com)

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