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Mayfair Gold Drills 6.53 g/t Gold over 17.5m within 49.0m at 2.88 g/t Gold at Fenn-Gib Footwall Zone
Footwall mineralization outside current pit-constrained indicated 2.08M ounce resource Steep dipping mineralization from surface to below 500m Footwall Zone def
About this update from Mayfair Gold Corp.
[{"type":"text","content":" Footwall mineralization outside current pit-constrained indicated 2.08M ounce resource Steep dipping mineralization from surface to below 500m Footwall Zone defined on strike over 200m Mineralization open in all directions VANCOUVER, British Columbia, June 13, 2022 (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 between 100 and 200 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 the NI 43-101 Indicated Resource of 2.08M ounce Fenn-Gib deposit (see the “About Mayfair” section below) with disseminated gold mineralization striking east-west on the Pipestone Fault over 1.25 kilometers (km) and up to 300m wide towards the west end. Mayfair Gold President and CEO Patrick Evans noted: “Drilling continues to confirm the higher-grade gold mineralization in the Footwall Zone immediately to the north of the Fenn-Gib deposit. The Footwall Zone mineralization, outcropping at surface and intersected vertically down to approximately 500m below surface, remains open in all directions. The southwest to northeast trending structure has been traced over approx. 200m to date. Drilling is continuing to fully determine the orientation, extent and tonnage potential of the Footwall Zone.” Mr. Evans added: “The Footwall Zone mineralization is not included in the 2021 NI 43-101 Fenn-Fib resource estimate. Infill and expansion drilling at the main Fenn-Gib deposit is nearing completion and we remain on track to report a resource update in Q3.” Highlight reported drill results include: FG21-188 intersected 25.93 grams/tonne (g/t) gold (Au) over 1.5m, 1.37 g/t Au over 25.5m including 5.4 g/t Au over 5.0m; FG21-203 intersected 2.70 g/t Au over 15.0m, including 4.04 g/t Au over 9.0m, including 7.18 g/t Au over 4.0m; FG21-215 intersected 2.88 g/t Au over 49.0m, including 6.53 g/t Au over 17.5m; FG22-218 intersected 0.71 g/t Au over 92.0m, including 2.15 g/t Au over 10.0m. A lower zone returned 2.40 g/t Au over 47.0m, including 3.83 g/t Au over 4.7m and 5.26 g/t Au over 6.6m and 6.78 g/t Au over 7.0m. Previous limited drilling by Lake Shore Gold identified gold mineralization within the footwall mafic volcanics immediately to ...