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Mayfair Gold Drills 226.0m at 0.92 g/t Gold at Fenn-Gib Expansion Zone
Including 26.0m at 1.56 g/t Gold Mineralization outside current pit-constrained Indicated 2.08M ounce Resource Four drill rigs active at Fenn-Gib North Block 37
About this update from Mayfair Gold Corp.
[{"type":"text","content":" Including 26.0m at 1.56 g/t Gold Mineralization outside current pit-constrained Indicated 2.08M ounce Resource Four drill rigs active at Fenn-Gib North Block 37,971 completed in 55 holes Preparations underway for South Block Exploration Program VANCOUVER, British Columbia, Sept. 27, 2021 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF; FRA:9M5) is pleased to announce further drill results from the Fenn-Gib Expansion Zone. The Fenn-Gib deposit, located in the Timmins region of Northeast Ontario, hosts a pit-constrained Indicated Resource of 2.08M ounces with disseminated gold mineralization striking east-west on the Pipestone Fault over 1.25 kilometers and up to 300 meters (m) wide at the west end. The Fenn-Gib Expansion Zone lies below the shallow central section of the current conceptual open pit. The drill results reported below are part of the fully-funded, ongoing 50,000m Phase 1 drill program at the Fenn-Gib project. Resource infill and expansion drilling is being supported by four drill rigs, and 55 holes have been completed to date for a total of 37,971m. Mayfair Gold President and CEO Patrick Evans commented: “Our 2021 drill campaign is delivering excellent results. We continue to hit gold mineralization in every hole we’ve drilled. The steady stream of very good results from the central Expansion Zone boosts our confidence that we’ll be able to upgrade the Fenn-Gib gold deposit to plus 3 million ounces.” Numerous historic drill holes in the upper Fenn-Gib deposit did not drill through the entire mineralized stratigraphy, with some holes ending in mineralization. The infill and expansion drill program within and below the current conceptual open pit is designed to identify additional mineralization in support of our target to grow the Fenn-Gib deposit to more than 3 million ounces. Drill Results The Fenn-Gib Expansion Zone drilling is supported by two of the four drill rigs and is targeting the shallow central section below the current conceptual open pit. Highlights of the newly reported mineralized intervals include: FG21-151 intersected 0.82 g/t Au over 181.7m, including 1.50 g/t Au over 32.5m; FG21-154 intersected 0.71 g/t Au over 135.5m including 1.43 g/t over 33.0m; FG21-157 intersected 0.70 g/t Au over 167.8m including 3.02 g/t Au over 10.0m; and FG21-163 intersected ...