Mayfair Gold Completes Fenn-Gib South Block Phase 1 Drill Program
Mayfair Gold Completes Fenn-Gib South Block
Phase 1 Drill Program
3,468 meters drilled in 18 holes
Vancouver, British Columbia, June 7, 2022 – Mayfair Gold Corp. (“ Mayfair” or the “Company”)
(TSX-V: MFG; OTCQB: MFGCF ) is pleased to announce the successful completion of the
Company’s maiden drill program at the Fenn-Gib South Block, located in the Timmins region of
Northeast Ontario. The Fenn-Gib South Block, with approx. 7 kilometers (km) of strike on the
prolific Destor-Porcupine Fault, is located approx. 3km south of the North Block, which hosts the
Fenn-Gib gold deposit with a NI43-101 Indicated Resource of 2.08M ounces (see “About Mayfair”
section below) with disseminated gold mineralization striking east-west on the Pipestone Fault
over 1.25km and up to 300 meters (m) wide at the west end.
Mayfair Gold President and CEO Patrick Evans commented: “Fenn-Gib’s South Block is a highly
prospective exploration property in a well-established gold producing region. On strike to the
northwest are McEwen Mining’s Black Fox mine and Grey Fox gold deposit and the past-
producing Ross mine, and on strike to the east are Agnico Eagle’s past-producing Holt and
Holloway mines. Without road access, the South Block has seen only limited exploration prior to
Mayfair. We moved quickly in early 2021 to assess the potential of the South Block and are very
pleased to have successfully completed our maiden drill program.”
Mayfair commissioned the first ever high-resolution triaxial MAG survey at 75m spaced flight
lines over the South and North Blocks in early 2021. Based on very encouraging results, a South
Block exploration program was designed and, in January 2022, an ice road was constructed from
the North Block to give access for line cutting. A total of 84.4km of line cutting was completed
across most of the South Block to allow access for ground geophysics.
A total of 102.7km of ground magnetic geophysics and 54.5 line-km of induced polarization
geophysics were completed. Based on the excellent survey data, three priority geophysical
targets were identified for the Phase 1 drill program, which commenced on April 26, 2022 with a
helicopter-supported drill rig. A total of 3,468m was drilled in eighteen holes. Based on the results
of the Phase 1 drill program, which are pending, a follow-up Phase 2 program will be planned for
next winter.
QA/QC Controls
Mayfair Gold (“Mayfair”) employs a QA/QC program consistent with NI 43-101 and industry best
practices. Surface drilling was conducted by Full Force Diamond Drilling and was supervised by
Aurora Geosciences Ltd. The drill program includes descriptive logging and sampling of the drill
core for analysis at Mayfair’s secure facilities in the Matheson and Holtyre, Ontario area. Sampled
drill core intervals were sawn in half with a diamond blade saw. Half of the sampled core was left
in the core box and the remaining half was bagged and sealed. Mayfair utilizes accredited
laboratories, and the samples were sent to AGAT Laboratories Inc. in Timmins, Ontario. Gold is
analyzed by 30-gram fire assay with AA-finish. Mayfair inserts independent certified reference
material (CRM) standards and coarse blank material every 20 samples.
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About Mayfair
Mayfair is a Canadian mineral exploration company focused on advancing the 100% owned Fenn-
Gib gold project in the Timmins region of Northern Ontario. The Fenn-Gib gold deposit is May-
fair’s flagship asset. An open-pit constrained NI 43-101 resource estimate (February 5, 2021) re-
ported a total Indicated Resource of 70.2M tonnes containing 2.08M ounces at a grade of 0.921
g/t Au and an Inferred Resource of 3.8M tonnes containing 75,000 ounces at a grade of 0.618 g/t
Au. The deposit has a strike length of approx. 1.25km with widths ranging up to 300m. The gold
mineralized zones remain open at depth and along strike to the east and west.
For further information contact:
Patrick Evans, President and CEO
Email: [email protected]
Phone: (480) 747-3032
Web: www.mayfairgold.ca
Qualified Person Statement
Mayfair Gold’s disclosure of technical and scientific information in this news release has been
reviewed and approved by Howard Bird, P Geo., Vice President Exploration for the Company,
who serves as a Qualified Person under the definition of National Instrument 43-101.
Forward Looking Statements
This news release contains forward-looking statements and forward-looking information within
the meaning of Canadian securities legislation (collectively, " forward-looking statements") that
relate to Mayfair’s current expectations and views of future events. Any statements that express,
or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events
or performance (often, but not always, through the use of words or phrases such as "will likely
result", "are expected to", "expects", "will continue", "is anticipated", "anticipates", "believes",
"estimated", "intends", "plans", "forecast", "projection", "strategy", "objective" and "outlook")
are not historical facts and may be forward-looking statements and may involve estimates,
assumptions and uncertainties which could cause actual results or outcomes to differ materially
from those expressed in such forward-looking statements. No assurance can be given that these
expectations will prove to be correct and such forward-looking statements included in this news
release should not be unduly relied upon. These statements speak only as of the date of this news
release.
Forward-looking statements are based on a number of assumptions and are subject to a number
of risks and uncertainties, many of which are beyond Mayfair’s control, which could cause actual
results and events to differ materially from those that are disclosed in or implied by such forward-
looking statements. Such risks and uncertainties include, but are not limited to, the impact and
progression of the COVID-19 pandemic and other factors. Mayfair undertakes no obligation to
update or revise any forward-looking statements, whether as a result of new information, future
events or otherwise, except as may be required by law. New factors emerge from time to time,
and it is not possible for Mayfair to predict all of them, or assess the impact of each such factor
or the extent to which any factor, or combination of factors, may cause results to differ materially
from those contained in any forward-looking statement. Any forward-looking statements
contained in this news release are expressly qualified in their entirety by this cautionary
statement.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this news release.