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Mayfair Gold Drills 3.72 g/t Gold over 6.2m within 16.2m at 2.05 g/t Gold at Footwall Zone, Fenn-Gib Project
Footwall Zone structure doubled to approx. 400m strike length Steep dipping mineralization from surface to below 500m Footwall Zone remains open in all directio
About this update from Mayfair Gold Corp.
[{"type":"text","content":" Footwall Zone structure doubled to approx. 400m strike length Steep dipping mineralization from surface to below 500m Footwall Zone remains open in all directions Multiple parallel mineralized structures intersected Two drill rigs active at Footwall Zone VANCOUVER, British Columbia, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to announce further results from the higher-grade Footwall Zone located approximately 100 meters (m) to the north of the Fenn-Gib gold deposit. Mayfair’s 100% controlled Fenn-Gib Project, located in the Timmins region of Northeast Ontario, hosts a NI 43-101 open-pit-constrained Indicated Resource of 3.06 million (M) ounces and an Inferred Resource of 0.31M ounces (see the “About Mayfair” section below), with disseminated gold mineralization striking east-west on the Pipestone Fault over more than 1.25 kilometers (km) and up to 300m wide at the west end. Mayfair Gold President and CEO, Patrick Evans, commented: “Ongoing drilling in 2023 has extended the northeastern strike of the Footwall Zone mineralized structure by approximately 200m in six drill holes. The Footwall Zone mineralization now strikes for approximately 400m, outcrops at surface, has been intersected vertically down to approximately 500m below surface, and remains open in all directions. Drilling continues to confirm the higher-grade gold mineralization, and two drill rigs are active to determine the structure and tonnage potential of the Footwall Zone.” Highlight reported drill result includes: FG23-300 intersected 2.05 grams/tonne (g/t) gold (Au) over 16.2m, including 3.72 g/t Au over 6.2m. In addition to gold assay results from hole FG23-300, assays are pending for Footwall Zone holes FG23- 304, 309, 311, 313 and 314 that have all intersected multiple altered and mineralized zones. The latest drill result builds on Mayfair’s previously reported Footwall Zone assay results that included: hole FG21-139 intersected 1.94 g/t Au over 38.0m, including 4.06 g/t Au over 15.0m (news release June 01, 2021); hole FG21-166 intersected 1.42 g/t Au over 66.0m, including 3.4 g/t Au over 19.2m, including 6.20 g/t Au over 9.2m; a lower zone in hole FG21-166 returned 1.02 g/t Au over 34.0m, including 11.49 g/t Au over 1.0m; hole FG21-170 intersected 37.51 g/t Au over 2.6m and 59.05 ...