Announcement Date: 2023-03-29
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. 334m at 0.56g/t Au from 272.5m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: VANCOUVER, British Columbia, March 29, 2023 — 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. “The size and quality of the Fenn-Gib deposit is evident from the wide areas of higher-grade gold mineralization we continue to define both within and below the current conceptual open pit,” said Mayfair Gold President and CEO Patrick Evans. “Gold mineralization has been intercepted in every hole drilled over the past 27 months; however, it is apparent from some of the lower-grade intercepts reported today that we are approaching the outer limits of the Fenn-Gib mineralization. Based on assay results received to date, Mayfair is planning to release an updated NI 43-101 resource statement in the second quarter.”
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