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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% 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 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 Feb 23, 2022 3:15pm
251 Views
Post# 34455099

Mayfair Gold Reports 121.0m at 1.32 g/t Gold

Mayfair Gold Reports 121.0m at 1.32 g/t Gold
  • Mineralization outside and to the east of the current pit-constrained 2.08M ounce Indicated resource
  • North Block regional drill program commences testing Talisman and Horseshoe Zones
  • South Block regional program progresses with line cutting and induced polarization geophysics in preparation for drill program

VANCOUVER, British Columbia, Feb. 23, 2022 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTC: MFGCF) is pleased to announce further results from the Fenn-Gib step-out drill program to the east of the current resource. The Fenn-Gib deposit, located in the Timmins region of Northeast Ontario, hosts a NI 43-101 pit-constrained Indicated Resource of 2.08M ounces (see the “About Mayfair” section below) with disseminated gold mineralization striking east-west on the Pipestone Fault over 1.25 kilometers (km) and up to 300 meters (m) wide at the west end.

Mayfair Gold President and CEO Patrick Evans commented: “Our step-out drill program to the east of the current Fenn-Gib deposit continues to return outstanding results. Previous operators focused on the high-grade starter pit area at the west of the Fenn-Gib deposit. Only limited drilling was done to define the continuity of mineralization on strike to the east of the deposit. Based on results to date, we expect the eastern extension has the potential to add significant tonnage to the current resource.”

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