Welcome to our dedicated page for Mayfair Gold news (Ticker: MFGCF), a resource for investors and traders seeking the latest updates and insights on Mayfair Gold stock.
Mayfair Gold Corp (MFGCF) generates a steady flow of news as it advances its 100%-owned Fenn-Gib gold project in the Timmins region of Northern Ontario. As a Canadian gold development and mineral exploration company, its updates often center on technical studies, resource estimates, financing activities, and project milestones related to Fenn-Gib.
Readers following Mayfair Gold news can expect detailed coverage of NI 43-101 technical reports, including mineral resource estimate updates and the filing of formal technical reports for the Fenn-Gib project. The company also issues news on its Pre-Feasibility Study, outlining mine plans, production scenarios, capital cost estimates, and project economics for a proposed open-pit operation targeting near-surface high-grade mineralization.
News items frequently highlight project development progress, such as drilling programs to refine the geological model and starter pit design, geotechnical and hydrogeological investigations for the tailings storage facility, and steps in the Ontario Provincial permitting process. Corporate developments, including equity financings, share consolidations, listing applications, and management appointments, are also regular themes in Mayfair’s disclosures.
Because Mayfair Gold’s strategy is closely tied to the Fenn-Gib deposit, its news flow provides insight into how the company is working to derisk the project through technical work, environmental baseline studies, and stakeholder engagement, including agreements with nearby Indigenous communities. For investors and observers interested in gold development projects in the Timmins Gold District, this news page offers an organized view of Mayfair’s ongoing announcements and project updates.
Bookmark this page to access a chronological feed of Mayfair Gold press releases, from resource and reserve updates to financing transactions and conference participation, all connected to the company’s efforts to advance Fenn-Gib toward potential production.
Mayfair Gold (OTCQX:MFGCF) filed an NI 43-101 technical report and pre-feasibility study for the Fenn-Gib Gold Project in the Timmins Gold District, Northeastern Ontario.
The report, titled "Fenn-Gib Project: NI 43-101 Technical Report and Pre-Feasibility Study," was prepared by Ausenco Engineering Canada ULC and is available under the company's profile on SEDAR+. The filing date is announced January 15, 2026.
Separately, as of January 14, 2026, Richard Klue is moving to semi-retirement: he will transition from a full-time VP Technical Services role to an hourly advisory arrangement while exploring non-executive board opportunities and other projects.
Mayfair Gold (OTCQX: MFGCF) published a 2026 Pre-Feasibility Study for the Fenn-Gib gold project (Ontario) showing strong base-case economics. Key metrics: After-tax NPV(5%) $652M and IRR 24% at US$3,100/oz; NPV $1.37B and IRR 38% at US$4,450/oz. Initial capital is $450M with a 2.7-year payback (1.7 years at spot). First six years average annual production ~71.3 koz, AISC ~US$1,171/oz, and cumulative FCF of $896M (base) or $1.43B (spot). Maiden reserve is 1.04 Moz (25.1 Mt at 1.29 g/t); Indicated resource is 4.3 Moz. Permitting and Indigenous engagement planned to support commercial operations within five years.
Mayfair Gold (OTCQX: MFGCF, TSXV: MFG) confirmed completion of a 2-for-1 share consolidation, effective December 18, 2025. The company's common shares began trading on a post-consolidation basis on the TSX Venture Exchange at market open on that date.
Following the Consolidation, Mayfair has 66,797,608 common shares issued and outstanding. All outstanding warrants and incentive stock options were adjusted: their exercise price was increased by a factor of two and the number of common shares issuable on exercise was reduced by dividing by two.
Mayfair Gold (OTCQX:MFGCF) announced a 2-for-1 share consolidation to support an application to list common shares on the NYSE American. The Company currently has 133,595,191 shares outstanding and expects approximately 66,797,595 post-consolidation, with fractional shares rounded up.
The TSX Venture Exchange has conditionally accepted the Consolidation, which the Company expects to complete at the close of business on December 17, 2025, effective for trading at the open on December 18, 2025. Warrants and options will be adjusted 2:1 on exercise numbers and exercise prices.
Mayfair Gold (OTCQX: MFGCF, TSXV: MFG) appointed Zayem Lakhani as Vice President, Capital Markets effective November 19, 2025.
The company disclosed that Management and Insiders acquired more than C$15 million of Mayfair equity in the past 12 months and that Lakhani holds 335,000 shares.
Mayfair granted a total of 600,000 options (275,000 to Lakhani; 325,000 to consultants) effective November 20, 2025 at a $2.17 strike price with a five-year expiry and staged vesting beginning November 20, 2026. Grants were made under the shareholder-approved rolling 10% Omnibus Plan (approved September 4, 2025).
Mayfair Gold (OTCQX: MFGCF) reported Q3 2025 operating and financial results on Nov 18, 2025, for the quarter ended Sept 30, 2025. Key corporate actions include a $40,002,600 LIFE offering closed Sept 16, 2025 (24,244,000 shares at $1.65) to fund metallurgical and detailed engineering, permitting and working capital for the 100% owned Fenn-Gib gold project in Timmins, Ontario.
The company is advancing a 4,800 tpd PFS on track for Q4 2025, commenced a confidence drilling program in Oct 2025 with results expected in Q1 2026, and plans formal provincial permitting in early 2026. Selected financials: cash & short-term investments $41.8M, total assets $56.7M, shareholders' equity $55.6M (Sept 30, 2025).
Quarterly loss was $2.24M (loss per share $0.02); nine-month loss was $6.17M (loss per share $0.06).
Mayfair Gold (OTCQX: MFGCF) updated progress on the Fenn-Gib Project, reporting the PFS remains on track for Q4 2025, a high-density starter-pit drilling program underway, and geotechnical site investigations for the tailings storage facility.
Key facts: a 56-hole, 10m x 10m diamond drill program (~4,200 m) began 21 October 2025; conceptual open pit shown at a 0.7 g/t Au cut-off; TSF investigations included 25 test pits and 347 m of drilling; recent MRE has ~97% indicated confidence. Additional site work continues into 2026.
Mayfair Gold (OTCQX: MFGCF; TSXV: MFG) will participate in the 51st Annual New Orleans Investment Conference at the Hilton New Orleans Riverside, November 2–5, 2025. Nicholas Campbell, CEO, will present on Monday, November 3, 2025 from 10:50 a.m. to 11:30 a.m.
The company will staff Booth 107 and intends to meet with investors, analysts and conference attendees to discuss corporate updates and investor relations.
Mayfair Gold (TSXV: MFG / OTCQX: MFGCF) will participate in the Red Cloud Fall Mining Showcase 2025 in Toronto. The in-person event is scheduled for November 4–5, 2025 at the Sheraton Centre Toronto Hotel and will bring together investors and industry leaders. Shareholders and interested parties are invited to attend to hear company updates. Drew Anwyll, Chief Operating Officer, will present on November 4 at 10:20 AM ET.
Mayfair Gold (TSXV: MFG | OTCQX: MFGCF) announced on October 29, 2025 that it has filed its Annual Information Form (AIF) for the year ended December 31, 2024 on SEDAR+.
An electronic copy is available via the company website www.mayfairgold.ca or the company's SEDAR+ profile at www.sedarplus.ca. The filing provides the company's annual statutory disclosures for 2024.