| Announcement Date: | 2021-11-23 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Mayfair Gold Corp. |
| Project name: | Fenn-Gib |
| Location: | Canada |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 114.1m @ 0.85g/t Au from 390.0m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | VANCOUVER, British Columbia, Nov. 23, 2021 (GLOBE NEWSWIRE) — Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to announce further drill results from the Fenn-Gib Expansion Zone. The Fenn-Gib deposit, located in the Timmins region of Northeast Ontario, hosts a pit-constrained Indicated Resource of 2.08M ounces with disseminated gold mineralization striking east-west on the Pipestone Fault over 1.25 kilometers and up to 300 meters (m) wide at the west end. The Fenn-Gib Expansion Zone lies below the shallow central section of the current conceptual open pit. The drill results reported below are part of the fully funded, ongoing 80,000m drill program. Resource infill and expansion drilling is being supported by three drill rigs, and 78 holes have been completed for a total of 50,145m. Mayfair Gold President and CEO Patrick Evans commented: “Our 2021 drill campaign continues to deliver excellent results with gold mineralization in every hole. We are delighted that we have now reached the Fenn-Gib 50,000m Phase 1 infill and expansion drill program milestone earlier than scheduled. We look forward to continued positive results from the expanded 30,000m Phase 2 drill program, which we expect to complete in the second quarter of 2022.” |
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