Mayfair Gold Corp. filed a report highlighting its Q1 2026 operating and financial results and progress on the Fenn-Gib gold project in Ontario. Detailed financial statements and management’s discussion and analysis are available on the company’s website and on SEDAR+ and EDGAR.
The 2026 Pre-Feasibility Study for the 100% owned Fenn-Gib Project outlines initial development capital of C$450 million, a base-case payback period of 2.7 years, and cumulative free cash flow of US$896 million over the first six years of production, based on a US$3,100/oz gold price. Mayfair is advancing permitting, detailed engineering, and stakeholder engagement with a goal of starting construction in 2028 and achieving initial production in 2030.
Mayfair Gold Corp. filed a report highlighting its Q1 2026 operating and financial results and progress on the Fenn-Gib gold project in Ontario. Detailed financial statements and management’s discussion and analysis are available on the company’s website and on SEDAR+ and EDGAR.
The 2026 Pre-Feasibility Study for the 100% owned Fenn-Gib Project outlines initial development capital of C$450 million, a base-case payback period of 2.7 years, and cumulative free cash flow of US$896 million over the first six years of production, based on a US$3,100/oz gold price. Mayfair is advancing permitting, detailed engineering, and stakeholder engagement with a goal of starting construction in 2028 and achieving initial production in 2030.
Mayfair Gold Corp. has strengthened its technical leadership by appointing Adree DeLazzer as Vice President, Exploration and Jean François Métail as Vice President, Mineral Resource Management. Both bring extensive experience from major gold companies and will focus on advancing the Fenn-Gib Project and broader exploration pipeline.
The company highlights that its 2026 Pre-Feasibility Study for the 100%-owned Fenn-Gib Project outlines initial development capital of C$450 million, a base-case payback period of 2.7 years, and cumulative free cash flow of US$896 million over the first six years of production at a US$3,100/oz gold price. Mayfair is advancing permitting, detailed engineering, and stakeholder engagement with a goal of starting construction in 2028 and achieving initial production in 2030.
Mayfair Gold Corp. has strengthened its technical leadership by appointing Adree DeLazzer as Vice President, Exploration and Jean François Métail as Vice President, Mineral Resource Management. Both bring extensive experience from major gold companies and will focus on advancing the Fenn-Gib Project and broader exploration pipeline.
The company highlights that its 2026 Pre-Feasibility Study for the 100%-owned Fenn-Gib Project outlines initial development capital of C$450 million, a base-case payback period of 2.7 years, and cumulative free cash flow of US$896 million over the first six years of production at a US$3,100/oz gold price. Mayfair is advancing permitting, detailed engineering, and stakeholder engagement with a goal of starting construction in 2028 and achieving initial production in 2030.
Mayfair Gold Corp. appointed Drew Anwyll, P.Eng., as Chief Executive Officer, replacing Nick Campbell, effective immediately. Anwyll, formerly Chief Operating Officer, brings over 30 years of experience developing and operating large-scale gold mines in Canada and abroad, including senior roles at Detour Gold and Generation Mining.
He led Mayfair’s 2026 Pre-Feasibility Study and the start of Front-End Engineering and Design for the 100% controlled Fenn-Gib Project in the Timmins region. The PFS outlines initial development capital of C$450 million, a base-case 2.7-year payback, and cumulative free cash flow of US$896 million over six years at a US$3,100/oz gold price, with a goal of starting construction in 2028 and initial production in 2030.
Mayfair Gold Corp. appointed Drew Anwyll, P.Eng., as Chief Executive Officer, replacing Nick Campbell, effective immediately. Anwyll, formerly Chief Operating Officer, brings over 30 years of experience developing and operating large-scale gold mines in Canada and abroad, including senior roles at Detour Gold and Generation Mining.
He led Mayfair’s 2026 Pre-Feasibility Study and the start of Front-End Engineering and Design for the 100% controlled Fenn-Gib Project in the Timmins region. The PFS outlines initial development capital of C$450 million, a base-case 2.7-year payback, and cumulative free cash flow of US$896 million over six years at a US$3,100/oz gold price, with a goal of starting construction in 2028 and initial production in 2030.
Mayfair Gold Corp. reported first-quarter 2026 progress on advancing and derisking its 100%-owned Fenn-Gib Gold Project in Northern Ontario. Work included integrating multi-year environmental baseline studies, submitting a Notification of Project Status, and appointing Egis Canada to lead environmental assessment and permitting.
The company advanced site investigations, including geotechnical drilling, condemnation drilling and pump testing, and began Front-End Engineering and Design with Ausenco for a planned 4,800 tpd processing facility. Planning is underway for updated mineral resource modeling, further geotechnical programs, power supply studies, and open pit drilling to support a potential construction decision in 2028.
Mayfair also entered a digital advertising service agreement with Native Ads Inc. for a US$172,000 campaign over up to 12 months. The Fenn-Gib Pre-Feasibility Study outlines initial development capital of C$450 million, a base case 2.7-year payback, and $896 million cumulative free cash flow over the first six years at a US$3,100/oz gold price.
Mayfair Gold Corp. reported first-quarter 2026 progress on advancing and derisking its 100%-owned Fenn-Gib Gold Project in Northern Ontario. Work included integrating multi-year environmental baseline studies, submitting a Notification of Project Status, and appointing Egis Canada to lead environmental assessment and permitting.
The company advanced site investigations, including geotechnical drilling, condemnation drilling and pump testing, and began Front-End Engineering and Design with Ausenco for a planned 4,800 tpd processing facility. Planning is underway for updated mineral resource modeling, further geotechnical programs, power supply studies, and open pit drilling to support a potential construction decision in 2028.
Mayfair also entered a digital advertising service agreement with Native Ads Inc. for a US$172,000 campaign over up to 12 months. The Fenn-Gib Pre-Feasibility Study outlines initial development capital of C$450 million, a base case 2.7-year payback, and $896 million cumulative free cash flow over the first six years at a US$3,100/oz gold price.
Mayfair Gold Corp. filed a Form 6-K detailing that Chief Financial Officer Kevin Annett completed a private placement, acquiring 58,000 common shares at C$4.38 per share for gross proceeds of C$254,040. The company expects to use these funds to advance its Fenn-Gib gold project in Ontario, and the shares are subject to a hold period expiring on August 17, 2026.
The filing notes that this insider investment is a related party transaction under MI 61-101, with exemptions relied upon because the deal was under 25% of Mayfair’s market capitalization. It also references a pre-feasibility study for Fenn-Gib outlining initial development capital of C$450 million and projected cumulative free cash flow of C$896 million over the first six years of production at a US$3,100/oz gold price, with targeted construction in 2028 and initial production in 2030.
Mayfair Gold Corp. filed a Form 6-K detailing that Chief Financial Officer Kevin Annett completed a private placement, acquiring 58,000 common shares at C$4.38 per share for gross proceeds of C$254,040. The company expects to use these funds to advance its Fenn-Gib gold project in Ontario, and the shares are subject to a hold period expiring on August 17, 2026.
The filing notes that this insider investment is a related party transaction under MI 61-101, with exemptions relied upon because the deal was under 25% of Mayfair’s market capitalization. It also references a pre-feasibility study for Fenn-Gib outlining initial development capital of C$450 million and projected cumulative free cash flow of C$896 million over the first six years of production at a US$3,100/oz gold price, with targeted construction in 2028 and initial production in 2030.
Mayfair Gold Corp. filed a Form F-10 registering a Canadian short form base shelf prospectus to offer, from time to time over a 25-month period, securities with an aggregate offering price of up to C$250,000,000. The shelf can cover Common Shares, Warrants, Subscription Receipts and Units; specific terms and proceeds treatment will be set in individual Prospectus Supplements.
The company is an exploration and development stage issuer focused on the 100% owned Fenn-Gib Project, has not commenced commercial production and reported 67,080,496 Common Shares outstanding as of April 13, 2026. Recent corporate change: Kevin Annett appointed CFO effective April 7, 2026.
Mayfair Gold Corp. filed an Annual Report on Form 40-F reporting audited financial statements and MD&A for the fiscal year ended December 31, 2025. The filing states 67,080,496 shares outstanding as of the period close and trade payables of $1,167,556 as at that date. The company says its financial statements are prepared under IFRS, audited by Davidson & Company LLP, and includes Canadian-format mineral resource and reserve terminology under NI 43-101. Management concluded disclosure controls and procedures were effective as of year-end. A new Code of Business Conduct became effective in January 2026.
Mayfair Gold Corp. has appointed Kevin Annett, a veteran mining finance executive and CPA, as Chief Financial Officer effective April 7, 2026. To align interests, Mayfair plans a non-brokered private placement of approximately $250,000, issuing 58,000 shares at $4.38 per share to Annett.
The company also granted him 250,000 stock options at a $4.38 strike price with a five-year term and time-based vesting. Mayfair intends to use placement proceeds to advance its 100%-owned Fenn-Gib gold project in Ontario, which a pre-feasibility study outlines with C$450 million initial capital, a 2.7-year payback and C$896 million cumulative free cash flow over the first six years at a US$3,100/oz gold price.
Mayfair Gold Corp. has appointed Kevin Annett, a veteran mining finance executive and CPA, as Chief Financial Officer effective April 7, 2026. To align interests, Mayfair plans a non-brokered private placement of approximately $250,000, issuing 58,000 shares at $4.38 per share to Annett.
The company also granted him 250,000 stock options at a $4.38 strike price with a five-year term and time-based vesting. Mayfair intends to use placement proceeds to advance its 100%-owned Fenn-Gib gold project in Ontario, which a pre-feasibility study outlines with C$450 million initial capital, a 2.7-year payback and C$896 million cumulative free cash flow over the first six years at a US$3,100/oz gold price.
Mayfair Gold Corp. has entered a definitive agreement to acquire Plato Gold’s interests in the Guibord (50%), Marriott (100%) and Holloway (100%) properties in Ontario for C$2.5 million in cash. The assets lie near the Fenn-Gib Gold Project and along the Porcupine-Destor Fault Zone.
The deal significantly expands Mayfair’s land package around Fenn-Gib, providing exploration targets within trucking distance of the proposed mine and critical land access for potential onsite infrastructure. Mayfair highlights a clear path to permitting and developing Fenn-Gib and views near-site exploration as a way to enhance project economics and production.
Mayfair Gold Corp. has entered a definitive agreement to acquire Plato Gold’s interests in the Guibord (50%), Marriott (100%) and Holloway (100%) properties in Ontario for C$2.5 million in cash. The assets lie near the Fenn-Gib Gold Project and along the Porcupine-Destor Fault Zone.
The deal significantly expands Mayfair’s land package around Fenn-Gib, providing exploration targets within trucking distance of the proposed mine and critical land access for potential onsite infrastructure. Mayfair highlights a clear path to permitting and developing Fenn-Gib and views near-site exploration as a way to enhance project economics and production.