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Mayfair Gold Q1 2025 Financial and Operating Results
Mayfair Gold Corp. ("Mayfair", or the "Company") (TSXV: MFG) (OTCQX: MFGCF) is pleased to report its operating and financial results for the quarter ended March 31, 2025. Mayfair is focused on the exploration and development of its 100% controlled Fenn-Gib gold project located in the Timmins region of Northeast Ontario ("Fenn-Gib" or the "Project"). The full version of the financial statements and accompanying management discussion and analysis can be viewed on the Company's website at www.mayfa
About this update from Mayfair Gold Corp.
[{"type":"text","content":"VANCOUVER, BC, May 14, 2025 /CNW/ - Mayfair Gold Corp. ("Mayfair", or the "Company") (TSXV: MFG) (OTCQX: MFGCF) is pleased to report its operating and financial results for the quarter ended March 31, 2025. Mayfair is focused on the exploration and development of its 100% controlled Fenn-Gib gold project located in the Timmins region of Northeast Ontario ("Fenn-Gib" or the "Project"). The full version of the financial statements and accompanying management discussion and analysis can be viewed on the Company's website at www.mayfairgold.ca or on SEDAR+ at www.sedarplus.com. Unless otherwise stated, all amounts are presented in Canadian dollars.","length":701,"tagName":"p"},{"type":"text","content":"Mayfair's Chief Executive Officer Nicholas Campbell commented,","length":66,"tagName":"p"},{"type":"text","content":""Dear Stakeholders,","length":24,"tagName":"p"},{"type":"text","content":"I am pleased to provide an update on our progress at Mayfair Gold and the Fenn-Gib Gold project in Northern Ontario. In the current elevated gold price environment, we believe that the Fenn-Gib gold project is one of the few open pit gold development projects in Canada that can be uniquely advanced through an Ontario Provincial permitting process, with potential to be developed into a new gold mine during the current elevated gold price environment. We continue to advance the Fenn-Gib gold project with ongoing programs on metallurgy, engineering, mine planning and environmental base line data collection and review to support commencement of the Ontario permitting process and the completion of a pre-feasibility study on a 4,800 tonne per day starter operation targeting the near surface high-grade mineralization at the Project. This should be an exciting year for Mayfair Gold Stakeholders. We look forward to sharing our progress in 2025. "","length":968,"tagName":"p"},{"type":"text","content":"Exploration Highlights ","length":22,"tagName":"p"},{"type":"text","content":"Subsequent to March 31, 2025, the Company provided 2025 outlook and Fenn-Gib advancement program. The program includes;","length":119,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Metallurgical test work","length":23,"tagName":"p"}]},{"val":[{"type":"text","content":"Environmental ba...