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Mayfair Gold Announces Maiden ESG Rating from Digbee

VANCOUVER, British Columbia, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to announce

articleMayfair Gold Corp.February 17, 20225/company/mayfair-gold-corp/news/mayfair-gold-announces-maiden-esg-rating-from-digbee
Mayfair Gold Announces Maiden ESG Rating from Digbee

About this update from Mayfair Gold Corp.

[{"type":"text","content":" VANCOUVER, British Columbia, Feb. 17, 2022 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to announce receipt of the Company’s maiden environmental, social and governance (ESG) ratings report from Digbee ESG (“Digbee”). Digbee is a leading independent assessment platform for ESG disclosure in the mining industry. Based on ESG achievements in the Company’s first year of operations at the Fenn-Gib gold project in the Timmins region of Northern Ontario, Mayfair achieved an overall rating of BB. Patrick Evans, President and CEO, commented: “Mayfair acquired the +2 million-ounce Fenn-Gib gold project at the end of 2020 and we’ve been public for less than a year. Last year was our first full year of operations. Despite our short history, ESG has been a central focus from day one and remains a key priority. We are proud of the maiden rating achieved under the Digbee assessment.” Digbee’s report provides a comprehensive assessment of Mayfair’s achievements across a broad range of key ESG performance criteria. The report is especially valuable in highlighting opportunities for improvement in specific areas. As Mayfair strives for continuous improvement, a mid-year reassessment under Digbee will be undertaken. Digbee CEO Jamie Strauss noted: “Mayfair’s commitment to transparency in ESG reporting is commendable. Although a newly established company, Mayfair moved swiftly to highlight the importance of ESG practices across the organization and how this can not only mitigate risk in the short term but also provide operational improvements in the longer term. Digbee looks forward to its ongoing relationship with Mayfair Gold in its aspiration towards achieving industry-leading ESG standards.” Details of Mayfair’s Digbee rating can be found at Sustainability – Mayfair Gold. 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 Mayfair’s flagship asset. An updated open-pit constrained NI 43-101 resource estimate (February 5, 2021) reported 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 ...

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