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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 Apr 16, 2024 7:13pm
173 Views
Post# 35992678

Mayfair Gold Drills

Mayfair Gold Drills
  • Hole FG24-390 reports 6.12 g/t Au over 14.0 meters
  • Footwall Zone structure extended to approx. 1km strike length, open in all directions
  • Steep dipping mineralization from the surface to below 600 meters
  • Multiple parallel mineralized structures intersected
  • Footwall Zone immediately adjacent to main Fenn-Gib deposit
  • Two drill rigs active at Footwall Zone

VANCOUVER, British Columbia, April 16, 2024 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to announce further drill 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 500 m wide at the west end.

Mayfair Gold Drills 1.97 g/t Au over 68.9m including 3.01 (globenewswire.com)

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