| Announcement Date: | 2023-09-05 |
|---|---|
| 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. 922.8m at 0.75g/t Au from 21.2m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | VANCOUVER, British Columbia , Sept. 05, 2023 — Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to announce the discovery of a new zone of gold mineralization at the Company’s 100% controlled FennGib Project (“Fenn-Gib”), located in the Timmins region of Northeast Ontario. Fenn-Gib hosts a NI 43-101 open-pit constrained Indicated mineral resource estimate of 3.38 million ounces (Moz) 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 Contact Zone was discovered in the first two of five planned deep holes testing mineralization below the pit-constrained resource. Mayfair Gold President and CEO Patrick Evans commented: “Successful exploration is a key driver of shareholder value. Since acquiring Fenn-Gib thirty-two months ago, we have increased the pit-constrained resource by over 70 percent, continued delineation of the adjacent higher-grade Footwall Zone discovery, and now made a new discovery at the Contact Zone. These significant achievements are credited to the knowledge, experience, and dedication of Mayfair’s |
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