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Mayfair Gold Drills 28.2m at 2.17 g/t Gold at Fenn-Gib Expansion Zone
Four drill rigs active at Fenn-Gib North Block 23,241m completed in 32 holes VANCOUVER, British Columbia, July 27, 2021 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (
About this update from Mayfair Gold Corp.
[{"type":"text","content":" Four drill rigs active at Fenn-Gib North Block 23,241m completed in 32 holes VANCOUVER, British Columbia, July 27, 2021 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTC: MFGCF) is pleased to announce the initial drill results from the Expansion Zone at the Fenn-Gib Project located in the Timmins region of northeast Ontario. The Expansion Zone lies below the shallow central section of the current conceptual open pit, which strikes east-west over approx. 1.25 kilometers. The drill results reported below are part of the fully-funded, ongoing 50,000-meter (m) Phase 1 drill program at the Fenn-Gib Project. Resource infill and expansion drilling is being supported by four drill rigs, and 32 holes have been completed to date for a total of 23,241m. Mayfair Gold President and CEO Patrick Evans commented: “The western portion of the plus 2-million-ounce Fenn-Gib deposit was well defined by the previous operators Lake Shore Gold and Tahoe Resources, with disseminated mineralization constrained within a conceptual open pit up to 300m wide and to a depth of approx. 400m below surface. There was only limited wide-spaced resource drilling in the central and eastern sections of the deposit to a depth of approx. 200m below surface. Two of our four drill rigs are targeting this Expansion Zone. We are extremely pleased to be defining additional, higher-grade mineralization in the Expansion Zone, which increases our confidence in the potential to upgrade Fenn-Gib’s resource estimate to plus 3 million ounces by the end of 2021.” Numerous historic drill holes in the upper portion of the 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. The Phase 1 drill program commenced at the western section of the Fenn-Gib deposit. Infill drilling in hole FG21-155 returned 241.1m at an average grade of 1.67 g/t gold (Au) from a downhole depth of 11.5m, including 46.4m grading 2.27 g/t Au (news release June 29, 2021). Expansion drilling has also confirmed the presence of a higher-grade Footwall Zone outside and to the north of the Fenn-Gib deposit. Hole FG21-139 intersected 1.94 g/t Au over 38m from a downhole depth of 529m,...