MAYFAIR GOLD CORP. (MFGCF) Form 6-K — Jul 23, 2026
Mayfair Gold Corp. provided a Q2 2026 update on the advancement of its 100% controlled Fenn-Gib Gold Project, reporting progress on Front-End Engineering Design (FEED) for the planned 4,800 tonne-per-day process plant led by Ausenco. The company also completed grade control drilling and geotechnical investigations to support de-risking activities ahead of a targeted construction start in 2028. The grade control program confirmed the Mineral Reserve model accuracy and identified significant upside in the higher-grade portions of the resource.
Key figures
- Initial Capex Cad
- 450000000
- Probable Reserve Oz
- 1000000
- Payback Period Years
- 2.7
- Indicated Resource Oz
- 4300000
- Process Plant Capacity Tpd
- 4800
- Cumulative Free Cash Flow Usd
- 896000000
- Grade Control Drilling Holes
- 56
- Condemnation Drilling Metres
- 6031
- Grade Control Drilling Metres
- 4200
- Gold Price Assumption Usd Per Oz
- 3100
AI analysis
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