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Interim Fenn-Gib drilling lifts confidence at Mayfair Gold (MFGCD)

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Form Type
6-K

Rhea-AI Filing Summary

Mayfair Gold Corp. filed a Form 6-K highlighting initial results from its 2025 tight-spaced grade control drilling program at the Fenn-Gib Project in Northern Ontario. The program includes 56 vertical diamond drill holes totaling about 4,200 metres on a 10 m by 10 m spacing to a target depth of 75 metres within the Phase 1 starter pit, covering roughly one million tonnes of anticipated initial plant feed.

Interim data from 36 holes show average Grade Control intervals of 1.47 g/t gold over 2,355 metres versus 1.40 g/t in the block model, and for higher-grade intervals, 2.21 g/t over 1,358 metres versus 1.68 g/t over 1,788 metres in the model. Management and consultants say these preliminary results support confidence in the high-grade early years, potential positive grade reconciliation, and provide key inputs for project financing, while stressing that assays are pending, QA/QC is ongoing, and no changes are yet made to the mineral resource or mine plan. The filing also notes that trading on the NYSE American under the symbol “MINE” is expected to commence on January 27, 2026, at which time trading on the OTCQX is expected to cease.

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Insights

Interim drilling supports Fenn-Gib starter pit model but remains preliminary.

The interim grade control results from the Fenn-Gib starter pit show Grade Control averages modestly higher than the current block model, including 1.47 g/t gold versus 1.40 g/t across 2,355 metres. Higher-grade intervals similarly exceed model grades, suggesting potential positive grade reconciliation in early mine years.

Management and the mineral resource consultant emphasize that assays for remaining holes, QA/QC work, and full program integration are still in progress. They explicitly state that no conclusions are being drawn yet about changes to the overall mineral resource estimate or mine plan, and these results are not included in the 2026 Pre-Feasibility Study.

The mention that these data are helping advance project financing and that trading is expected to commence on the NYSE American under “MINE” as of January 27, 2026 underscores the project’s advancement toward development and a larger capital markets profile, though the ultimate impact will depend on final drilling results and future technical updates.

 
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

For the month of February 2026

Commission File Number: 001-43060

 

 

Mayfair Gold Corp.

(Translation of registrant’s name into English)

 

 

489 McDougall Street

Matheson, Ontario P0K 1N0

Canada

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☐    Form 40-F ☒

 

 
 


DOCUMENTS FILED AS PART OF THIS FORM 6-K

 

Exhibit

  

Description

99.1    News Release, dated February 11, 2026

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

    MAYFAIR GOLD CORP.
Date: February 11, 2026      
    By:  

/s/ Darren Prins

    Name:   Darren Prins
    Title:   Interim Chief Financial Officer

 

2

Exhibit 99.1

 

LOGO

Mayfair Gold Presents the Initial Results from the 2025 Grade Control

Drilling Program at the Fenn-Gib Project

VANCOUVER, British Columbia, 11 February 2026 – Mayfair Gold Corp. (“Mayfair”, “Mayfair Gold”, or the “Company”) (TSX-V: MFG; NSYE: MINE) is pleased to announce the initial results from the tight-spaced, grade control drilling program (“Grade Control Program” or “Program”) at the Fenn-Gib Project in Northern Ontario.

Nick Campbell, CEO of Mayfair Gold commented, “These initial results increase our confidence in the highest-grade, early years of the Fenn-Gib mine. While preliminary, they indicate potential for positive grade reconciliation, support the PFS early-year assumptions, and are providing important data to advance project financing. Remaining assays are expected in Q1 2026.

The Grade Control Program comprised 56 diamond drill holes totaling approximately 4,200 metres. All holes were drilled vertically on a 10 m x 10 m spacing pattern to a target depth of 75 metres. The program was completed within the core of the Phase 1 starter pit and represents roughly one million tonnes of material anticipated to form part of the initial plant feed once construction is complete.

The objective of the program was to simulate grade control drilling and provide additional data to support delineation of the near-surface portion of the orebody. This news release reports results from 36 of the 56 drill holes; assays for the remaining holes are pending.

These results are considered interim in nature until all data from the complete Program is received and all QAQC results have been verified. No conclusions are being drawn currently regarding potential impacts on the overall mineral resource estimate or mine plan. In addition, the drill results disclosed herein were not incorporated into the Company’s 2026 Pre-Feasibility Study, published on 8 January 2026 and titled “Fenn-Gib Project: NI 43101 Technical Report and Pre-Feasibility Study.” A copy of the technical report is available under the Company’s profile on SEDAR+.

According to Jean-Francois Metail, Mayfair’s Mineral Resource consultant, “In these interim results, the grade control program is already providing a high level of confidence in the block model within the starter pit. Just as importantly, it is generating critical, mining-scale information on ore geometry, dilution, and potential ore loss that will be hugely useful as the operation moves toward start-up and early production.


The objectives of the Grade Control Program were to:

 

   

Validate near-surface grade distribution and ore geometry using closely spaced grade-control drilling

 

   

Compare drilling results directly against the existing resource block model to assess local grade variability

 

   

Improve definition of ore–waste boundaries to support efficient mining (i.e., reduce dilution and metal-loss in both planning and operations)

 

   

Increase confidence in grades and production during the ramp-up and early years of operations

 

   

Contribute to broader strategy of de-risking the Project following the PFS

 

   

Enhance confidence for potential lenders as part of the Fenn-Gib project financing


The following figures illustrate the general location of the Program within the initial starter pit

 

LOGO    LOGO
Figure 1: Plan View of Open Pit showing Grade
Control Program Area
   Figure 2: Isometric view looking north-easterly

 

LOGO

Figure 3: Long section, looking north. Stage 1, starter pit outlined. Vertical holes delineate the grade control program drillholes; inclined holes are historic diamond drill holes included in the MRE estimate

(Interim) Grade Control Program Drill Data

The data presented provides a direct comparison between the intervals drilled during the Grade Control Program and those predicted by the current mineral resource block model.


Figure 1: Comparison of Grade Control and Block Model Results

 

(1)

   (2)      (3)             (4)      (5)  

Hole-ID

   Grade Control
Program
     Block
Model
            Grade Control
Program
     Block
Model
 
   Total
Length
(m)
     Au
Capped
(g/t)
     Au
(g/t)
            Length
(m)
     Au
Capped
(g/t)
     Length
(m)
     Au
(g/t)
 
     Au > 0.0 g/t             Au >= 0.80  

MRE-FG25-001

     63        0.93        1.14           24        1.78        39        1.53  

MRE-FG25-002

     70        1.42        1.23           37        2.21        52        1.49  

MRE-FG25-003

     64        1.54        1.07           43        2.06        41        1.35  

MRE-FG25-004

     66        1.02        1.18           41        1.42        41        1.65  

MRE-FG25-005

     64        1.17        2.22           35        2.06        51        2.63  

MRE-FG25-006

     64        0.92        1.23           15        2.22        46        1.58  

MRE-FG25-007

     63        0.99        1.51           31        1.47        46        1.93  

MRE-FG25-008

     62        0.90        0.95           11        2.78        36        1.24  

MRE-FG25-009

     63        0.89        1.00           31        1.32        36        1.45  

MRE-FG25-010

     66        1.08        1.14           31        1.86        41        1.52  

MRE-FG25-011

     66        0.74        1.20           25        1.24        46        1.45  

MRE-FG25-012

     65        1.42        0.92           26        2.92        41        1.22  

MRE-FG25-013

     64        2.54        0.92           36        4.16        46        1.07  

MRE-FG25-014

     65        1.75        1.51           51        2.13        46        1.97  

MRE-FG25-015a

     62        0.90        1.41           25        1.58        51        1.61  

MRE-FG25-016

     66        0.91        1.25           31        1.47        51        1.48  

MRE-FG25-017

     66        0.71        1.07           25        1.09        46        1.27  

MRE-FG25-018

     66        1.46        1.15           36        2.32        51        1.32  

MRE-FG25-019

     64        0.84        1.72           31        1.32        51        1.99  

MRE-FG25-020

     64        0.93        1.55           31        1.56        41        2.16  

MRE-FG25-021

     65        1.60        1.37           35        2.57        55        1.51  

MRE-FG25-022

     64        1.39        1.59           43        1.78        64        1.59  

MRE-FG25-023

     66        0.81        1.45           25        1.32        51        1.70  

MRE-FG25-024

     66        2.02        1.64           50        2.60        61        1.71  

MRE-FG25-025

     66        3.09        2.08           51        3.83        51        2.55  

MRE-FG25-026

     66        0.93        1.00           35        1.29        51        1.13  

MRE-FG25-027

     66        1.40        2.01           56        1.53        56        2.25  

MRE-FG25-028

     66        1.50        1.84           45        1.93        61        1.93  

MRE-FG25-029a

     66        1.51        1.38           45        1.96        66        1.38  

MRE-FG25-030

     66        1.21        1.49           35        1.85        56        1.64  

MRE-FG25-031

     66        1.92        1.24           56        2.14        61        1.28  

MRE-FG25-032

     66        4.25        1.98           56        4.92        56        2.23  

MRE-FG25-033

     66        2.25        2.17           61        2.37        61        2.31  

MRE-FG25-035

     66        3.02        1.52           51        3.80        41        2.00  

MRE-FG25-036

     66        1.51        1.16           40        2.11        50        1.29  

MRE-FG25-041

     66        1.24        0.90           45        1.54        36        1.21  
  

 

 

    

 

 

    

 

 

       

 

 

    

 

 

    

 

 

    

 

 

 

Total

     2,355        1.47        1.40           1358        2.21        1788        1.68  
  

 

 

    

 

 

    

 

 

       

 

 

    

 

 

    

 

 

    

 

 

 

NOTE: All grade data based on 5m composites, thereby allowing for comparing of Grade Control Program diamond drill holes to the 5m resource block model

How to read the table and data format:

 

   

Each row shows one 75m vertical drill hole from the grade-control program and compares what the assayed grades against the 2026 PFS resource block model grade along the same path. The data is summarized into 5-metre composites to allow for direct comparison against the 5m resource model block height.


   

Comparing the in-rock portion of the drilled holes (column (2)) against the average grade reported over the same interval in the resource block model (Column (3)), the results show a modest increase in average grade (1.47g/t vs 1.40 g/t).

 

   

When applying a cut-off grade of 0.8 g/t, the program indicates higher grades over somewhat shorter lengths (column (4)) versus the block model (column (5)) (1,358m @ 2.21 g/t vs. 1,788m @ 1.68 g/t).

 

   

It should be noted that, while the Grade Control Program reports higher average grades over shorter mineralized intervals above the 0.8 g/t Au cutoff, the resulting grade–length product is broadly consistent with that predicted by the block model.

No conclusions are to be drawn from the Program until final assay results from the remaining 20 of the 56 drill holes are received and all QA/QC procedures have been completed.

QA/QC

Mayfair Gold maintains a Quality Assurance/Quality Control (QA/QC) program aligned with NI 43-101 requirements and industry best practices. NQ-size surface drilling was carried out by Black Diamond Drilling of Matheson, Ontario, under the supervision of Mayfair Gold’s exploration team. The drill program includes detailed geological logging and systematic sampling of drill core at Mayfair’s secure facility in Matheson, Ontario.

Drill core selected for analysis was cut longitudinally using a diamond-blade saw. One half of the core was retained in the core box for reference, and the other half was bagged, sealed, and prepared for shipment. Analytical work was completed by Swastika Laboratories Ltd. in Swastika, Ontario. Swastika Laboratories is accredited by the Canadian Association for Laboratory Accreditation Inc. (CALA) and meets the ISO/IEC 17025 standards for gold analysis by fire assay with gravimetric finish and fire assay with flame atomic absorption spectroscopy (FAAS) finish.

Samples were delivered directly to Swastika Laboratories by Mayfair personnel. Samples are crushed to minimum 80% passing 1,700 μm. Samples are then split to obtain a 300–500 g sample using a rotary divider. 300–500 g samples are pulverized to minimum 85% passing 74 μm. Gold assays were completed using a 30-gram fire assay with FAAS finish. Samples returning gold grades greater than 10 g/t were re-assayed using a 30-gram fire assay with gravimetric finish. As part of Mayfair’s QA/QC protocol, one certified reference material (CRM), one coarse blank, and one coarse duplicate sample were inserted into the sequence of every 25 samples. Routine third-party check assays are also performed.


All holes in the program were drilled fully vertical (-90° dip) and true thickness is not estimated.

Additional Disclosure Related to Investor Relations and Communication Advisory Services

The Company previously disclosed agreements with several investor relations and capital markets consultants. As per exchange requirements additional details are being provided herein.

Mayfair has entered into an agreement with Swiss Resource Capital AG (SRC) a Switzerland-based investor relations firm specializing in the resource space. Focusing its efforts in Europe, SRC will assist in messaging, communication, creation and design of materials, non-deal roadshows, virtual campaigns, targeted investor outreach and affiliated media awareness programs. Pursuant to the agreement, the company has agreed to pay a monthly fee of 6,000 CHF per month in arrears for a 12-month term. SRC is an arms-length private company based in Herisau, Switzerland owned and led by CEO Marc Ollinger. Neither SRC or Marc Ollinger have any interest, directly or indirectly, in the securities of the Company.

Mayfair has entered into an agreement with Triomphe Holdings Ltd., doing business as Capital Analytica, a marketing and public awareness company in the mining sector. Capital Analytica will provide digital awareness, monitoring and engagement reporting services. This includes dissemination of company material in an array of social media forums and monitoring of activity, engagement and sentiment. Pursuant to the agreement, the company has agreed to pay $150,000 payable in two tranches for a 6-month term with an option to renew for additional 6-month terms at a rate of $75,000. Capital Analytica is an arms-length company based in Nanaimo, B.C. owned and led by its Founder Jeff French. Capital Analytica does not have any interest, directly or indirectly, in the securities of the Company.


About Mayfair Gold

Mayfair Gold is a Canadian gold development stage company focused on advancing the 100% controlled Fenn-Gib Project in the Timmins region of Northern Ontario. The PFS outlines the potential to develop Fenn-Gib into a new Canadian gold producer for initial development capital of C$450 million, with a base case payback period of 2.7 years and cumulative free cash flow of $896 million over the first six years of production based on a US$3,100/oz gold price. The Company is advancing permitting activities, detailed engineering and stakeholder engagement with the goal of starting construction in 2028 with initial production in 2030.

The content of this news release has been reviewed on behalf of the Company and approved by Drew Anwyll, P.Eng., Chief Operating Officer of Mayfair, a QP as defined in NI 43-101.

Cautionary Note Regarding Forward-Looking Information

This news release contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking Information”). The use of the words “will” and “expected” and similar expressions are intended to identify forward-looking information. This information includes statements that trading is expected to commence on the NYSE American on Tuesday, January 27, 2026, under the symbol “MINE”, concurrent with the start of trading on the NYSE American, the Common Shares will cease trading on the OTCQX. Although Mayfair Gold believes that the expectations reflected in such forward-looking statements and/or information are reasonable, readers are cautioned that actual results may vary from the forward-looking information. The Company has based these forward-looking statements and information on the Company’s current expectations and assumptions about future events including assumptions regarding final listing mechanics. This information also involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information, including the risks, uncertainties and other factors identified in the annual information form of the Company for the year ended December 31, 2024, available at www.sedarplus.ca. Furthermore, the forward-looking statements contained in this news release are made as at the date of this news release and Mayfair does not undertake any obligation to publicly update or revise any of these forward-looking statements except as may be required by applicable securities laws.

Neither the TSX Venture Exchange (“TSXV”) nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.


For further information, please visit www.mayfairgold.ca or direct enquiries to:

Nicholas Campbell

CEO

Mayfair Gold Corp.

489 McDougall St

Matheson, ON P0K 1N0 Canada

+1 (855) 350-5600

info@mayfairgold.ca

FAQ

What drilling results did Mayfair Gold (MFGCD) report for the Fenn-Gib Project?

Mayfair Gold reported interim grade control results from 36 of 56 drill holes at Fenn-Gib. Average Grade Control intervals returned 1.47 g/t gold over 2,355 metres versus 1.40 g/t in the block model, with higher-grade intervals also exceeding model grades in this early analysis.

How large is Mayfair Gold’s 2025 grade control program at Fenn-Gib?

The 2025 Grade Control Program comprises 56 vertical diamond drill holes totaling about 4,200 metres on a 10 m by 10 m spacing to 75 metres depth. It focuses on the core of the Phase 1 starter pit, representing roughly one million tonnes of material for initial plant feed once construction is complete.

Are the new drilling results included in Mayfair Gold’s 2026 Pre-Feasibility Study?

The new grade control drilling results are not included in the 2026 Pre-Feasibility Study. The company states that these interim data were not incorporated into the NI 43-101 technical report dated January 8, 2026, and no conclusions are drawn yet about changes to the mineral resource or mine plan.

What do the interim grade control results suggest about Fenn-Gib’s early mine years?

Management says the interim results increase confidence in the highest-grade early years of the Fenn-Gib mine. They note indications of potential positive grade reconciliation and valuable information on ore geometry, dilution, and ore loss, which support early-year assumptions and provide important inputs for advancing project financing.

When is Mayfair Gold expected to begin trading on the NYSE American and under what symbol?

Trading in Mayfair Gold’s common shares is expected to commence on the NYSE American on January 27, 2026, under the symbol “MINE.” Concurrent with the start of NYSE American trading, the company expects its common shares to cease trading on the OTCQX marketplace.

How many drill holes from Mayfair Gold’s grade control program remain outstanding?

The interim results cover 36 of the 56 grade control drill holes completed at Fenn-Gib. Assays for the remaining 20 holes are still pending, and the company indicates that these outstanding results and QA/QC verification are needed before drawing firm conclusions from the full Grade Control Program.

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