Mayfair Gold: Transforming Resources and Doubling Market Cap CEO Clips Video

Rhea-AI Summary

Mayfair Gold Corp. acquires Fen Gib deposit and expands resources to 3.7 million ounces

Positive

• Mayfair Gold Corp. successfully acquired the Fen Gib deposit in the Timmins area, increasing its resources from 2 million to 3.7 million ounces through drilling efforts. The company's market cap has also surged from an initial investment of $11 million to $200 million, with potential for further growth.

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - October 16, 2023) - Mayfair Gold Corp. (TSXV: MFG) (OTCQX: MFGCF) - The company successfully acquired the Fen Gib deposit in the Timmins area, boasting 2 million ounces of resources, and significantly expanded this to approximately 3.7 million ounces through extensive drilling efforts. Mayfair Gold's breakthrough discoveries include the high-grade Footwall zone adjacent to the deposit and the contact zone below it. With an initial investment of $11 million, the company's market cap has soared to $200 million, and it is now poised to double this valuation by achieving key milestones. Mayfair Gold continues to make waves in the mining industry with its impressive growth and resource expansion.

Cannot view this video? Visit:
www.b-tv.com/post/tsxv-mfg-ceo-clips-mayfair-gold-transforming-resources-and-doubling-market-cap-btv-60sec

Mayfair Gold Corp. (TSXV: MFG) (OTCQX: MFGCF)

https://mayfairgold.ca/

About BTV:
BTV is a TV production and Digital Marketing Agency that has helped companies increase their brand awareness for 25+ years, reaching a national retail and institutional investor audience through top TV networks like BNN Bloomberg, CNBC, and FOX Business. Combining unique content creation and major distribution services, their offerings include the BTV Show, CEO Clips, TV Branding Ads, and Digital Campaigns. Discover Investment Opportunities.

www.b-tv.com.

About CEO Clips:
CEO Clips - are short company video profiles broadcast to a large audience of investors on TV and 15+ financial sites including Reuters, Yahoo!Finance, and Wall Street Journal.

Contact: Trina Schlingmann (604) 664-7401 x 5 trina@b-tv.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/184181

FAQ

What deposit did Mayfair Gold Corp. acquire?

Mayfair Gold Corp. acquired the Fen Gib deposit in the Timmins area.

How much did Mayfair Gold Corp. expand its resources?

Mayfair Gold Corp. expanded its resources from 2 million to 3.7 million ounces.

What is Mayfair Gold Corp.'s market cap?

Mayfair Gold Corp.'s market cap is currently $200 million.

What was Mayfair Gold Corp.'s initial investment?

Mayfair Gold Corp.'s initial investment was $11 million.

Is Mayfair Gold Corp. expecting further growth?

Yes, Mayfair Gold Corp. is poised to double its valuation by achieving key milestones.