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Mayfair Gold Drills 65.9m at 1.22 g/t Gold at Fenn-Gib Expansion Zone
Mineralization outside current pit-constrained Indicated 2.08M ounce Resource Three drill rigs active at Fenn-Gib North Block 50,145m completed in 78 holes Meta
About this update from Mayfair Gold Corp.
[{"type":"text","content":" Mineralization outside current pit-constrained Indicated 2.08M ounce Resource Three drill rigs active at Fenn-Gib North Block 50,145m completed in 78 holes Metallurgical testing underway VANCOUVER, British Columbia, Nov. 23, 2021 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) 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 80,000m drill program. Resource infill and expansion drilling is being supported by three drill rigs, and 78 holes have been completed for a total of 50,145m. Mayfair Gold President and CEO Patrick Evans commented: “Our 2021 drill campaign continues to deliver excellent results with gold mineralization in every hole. We are delighted that we have now reached the Fenn-Gib 50,000m Phase 1 infill and expansion drill program milestone earlier than scheduled. We look forward to continued positive results from the expanded 30,000m Phase 2 drill program, which we expect to complete in the second quarter of 2022.” Mr. Evans added: “We are particularly excited to start our regional exploration program on both the Fenn-Gib North and South Blocks in early January. A fourth drill rig will be mobilized in mid-January for a 7,000m North Block drill program commencing at the priority Horseshoe target, which is located on the Pipestone Fault approximately 1 km to the northwest of the Fenn-Gib deposit. In addition, line cutting and ground geophysics will commence in early January on the South Block, followed by a maiden 3,000m drill program.” 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 Mayfair’s target to grow the Fenn-Gib deposit to more...