Mayfair Gold Corp. announced the safe and successful completion of the Phase 6 resource drill program focused on extending the strike of the Footwall Zone mineralization at Mayfair's 100% controlled Fenn-Gib gold project. The Fenn-Gib Project, located in the Timmins region of Northeast Ontario, hosts a NI 43-101 open-pit-constrained Indicated mineral resource estimate of 3.38 million (M) ounces (oz) 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.

The near-surface Fenn-Gib gold mineralization is broadly disseminated striking east-west on the Pipestone Fault over more than 1.5 kilometers (km) and is over 500 m wide at the west end. The Footwall Zone target consists of multiple mineralized zones hosted primarily in the footwall mafic volcanic assemblage, located immediately northwest of the Fenn-Gib gold deposit. The Footwall Zone strikes in aortheasterly direction and with a steep northerly dip.

Mineralization consists of bleached, buff-altered (silica-albite-carbonate alteration), pillowed mafic volcanic with pyrite ranging from 2% to over 20%. Mayfair is also announced that both the 2024 environmental field program and pre-feasibility study are progressing. Drilling of the first of 12 monitoring wells is underway in support of the groundwater hydrogeology studies and engineering tradeoff studies have commenced.

Further results from the Phase 6 drill program will be reported as they become available.