MAYFAIR GOLD PROVIDES Q2 2026 UPDATE ON FENN-GIB PROJECT ADVANCEMENT AND DE-RISKING ACTIVITIES
Mayfair Gold advanced the Fenn-Gib project in Q2 2026, initiating FEED work for a 4,800 tonne-per-day plant and concluding grade control drilling that confirmed reserve models and identified high-grade upside. The company continued permitting progress under the Ontario One Project, One Process process and engaged with grid operators for power infrastructure while also acquiring adjacent exploration properties from Plato Gold.
Key figures
- Pfs capex cad
- 450000000
- Pfs 6yr fcf usd
- 896000000
- Gc drilling holes
- 56
- Pfs payback years
- 2.7
- Gc drilling metres
- 4200
- Probable reserve oz
- 1000000
- Indicated resource oz
- 4300000
- Gc upside grade percent
- 7
- Gc upside tonnes percent
- 28
- Process plant capacity tpd
- 4800
- Condemnation drilling holes
- 23
- Condemnation drilling metres
- 6031
AI analysis
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