| Announcement Date: | 2023-04-11 |
|---|---|
| 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. 277.2m at 0.64g/t Au from 254.8m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | VANCOUVER, British Columbia, April 11, 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. “Wide areas of higher-grade gold mineralization continue to be defined within and below the current conceptual open pit,” said Mayfair Gold President and CEO Patrick Evans. “The near-surface, higher-grade mineralization on the west side of the FennGib deposit opens the potential for a high-grade starter pit. Further expansion drilling below the conceptual open pit is planned to determine the depth extension of the western high-grade zone. 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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