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Mayfair Gold (NYSE American: MINE) strengthens technical team and outlines Fenn-Gib PFS economics

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Form Type
6-K

Rhea-AI Filing Summary

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.

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Insights

Mayfair adds senior technical talent while advancing the Fenn-Gib development plan.

Mayfair Gold is reinforcing its technical bench as it transitions the Fenn-Gib Project through development. The new Vice Presidents for Exploration and Mineral Resource Management both have backgrounds with large-scale gold operations, which aligns with the project’s stated growth ambitions.

The 2026 Pre-Feasibility Study outlines initial development capital of C$450 million, a 2.7-year base-case payback, and US$896 million in cumulative free cash flow over the first six production years at a US$3,100/oz gold price. These figures frame the project’s potential economics.

The company is targeting construction in 2028 and initial production in 2030, while it advances permitting, engineering, and stakeholder engagement. The actual trajectory will depend on execution of these activities, capital availability, and how project assumptions hold up in future technical work and market conditions.

Initial development capital C$450 million Fenn-Gib Project 2026 Pre-Feasibility Study
Payback period 2.7 years Base-case payback for Fenn-Gib Project
Cumulative free cash flow US$896 million First six years of Fenn-Gib production at US$3,100/oz gold
Gold price assumption US$3,100/oz Price used in Fenn-Gib 2026 PFS base case
Land position increase More than 65% Increase in Mayfair’s land package including South Block and Plato
Target construction start 2028 Goal for starting Fenn-Gib Project construction
Target initial production 2030 Goal for first gold production at Fenn-Gib
Exploration experience 20 years Experience of VP Exploration Adree DeLazzer
Pre-Feasibility Study financial
"The 2026 Pre-Feasibility Study (the “PFS”) outlines the potential to develop Fenn-Gib"
A pre-feasibility study is an initial assessment that evaluates whether a proposed project or investment idea is worth exploring further. It involves examining basic factors like costs, potential benefits, and possible challenges, similar to conducting a preliminary check before deciding to invest more time and resources. This helps investors determine if pursuing the project further is practical and likely to be successful.
cumulative free cash flow financial
"cumulative free cash flow of US$896 million over the first six years of production"
payback period financial
"a base-case payback period of 2.7 years"
The payback period is the amount of time it takes for an investment to return the original amount of money put into it through incoming cash, like the number of months or years until you’ve ‘paid yourself back’ on a purchase. Investors use it to judge how quickly they get their capital back and how much short-term risk or liquidity is involved, but it does not account for how the value of money changes over time or for profits that come after the payback point.
forward-looking information regulatory
"This news release contains certain forward-looking information within the meaning of applicable Canadian securities legislation"
Forward-looking information are predictions, plans, estimates or expectations about a company’s future performance, results or events, such as sales forecasts, project timelines, or anticipated costs. It matters to investors because these statements guide expectations but rely on assumptions and uncertain factors—like a weather forecast for a business—so investors should treat them as informed guesses rather than guarantees and consider the risks and possible changes behind the numbers.
NI 43-101 regulatory
"approved by Drew Anwyll, P.Eng., Chief Executive Officer of Mayfair, a QP as defined in NI 43-101"
A Canadian regulatory standard that sets the rules for how mining and exploration companies must report mineral resources and reserves, requiring technical reports prepared or signed off by an independent, certified expert. It matters to investors because it creates a consistent, transparent “inspection report” for mining projects, making it easier to compare prospects, judge the reliability of claims, and assess geological and financial risk before investing.
QA/QC systems technical
"He brings deep expertise in resource modelling, QA/QC systems, grade control, and reserve conversion"

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
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of May 2026

Commission File Number: 001-43060

 

Picture 1 

                             Mayfair Gold Corp.                       
(Translation of registrant’s name into English)

489 McDougall Street
           Matheson, Ontario P0K 1N0, Canada          
(Address of principal executive office)

 

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



- 2 -


DOCUMENTS FILED AS PART OF THIS FORM 6-K

Exhibit

Description 

99.1

News Release, dated May 13, 2026

 

 

 

SIGNATURE

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.

Date: May 13, 2026

 

Mayfair Gold Corp.

 

By:

 

By:/s/ “Kevin Annett”                            

Name:Kevin Annett 

Title: Chief Financial Officer 


Picture 2 

MAYFAIR GOLD ADDS VP EXPLORATION AND TECHNICAL LEADERSHIP DEPTH

Toronto, Ontario, 13 May 2026 – Mayfair Gold Corp. (“Mayfair”, “Mayfair Gold”, or the “Company”) (TSXV: MFG, NYSE American: MINE) is pleased to announce the appointment of Adree DeLazzer, P.Geo as Vice President, Exploration of the Company and Jean François Métail as Vice President Mineral Resource Management.

Ms. DeLazzer is a professional geologist with 20 years of experience in mineral exploration and mine-site geology across Canada, including extensive work on gold systems in the Abitibi Greenstone Belt.

Ms. DeLazzer most recently served as Vice President, Exploration at Northern Superior Resources Inc., where she led corporate exploration strategy across a large, district-scale land position and oversaw the advancement of a multi-asset portfolio within the Chibougamau Gold Camp. During her tenure, she oversaw multi-million-dollar exploration programs and was instrumental in advancing a camp-scale consolidation strategy, including the acquisition and integration of key properties. She contributed to technical reporting, strategic planning, and corporate development initiatives, supporting the company’s growth and ultimate acquisition by IAMGOLD Corporation.

Earlier in her career, Ms. DeLazzer held senior technical roles with Kirkland Lake Gold Ltd. and Detour Gold Corporation. She led exploration programs at the Detour Lake Mine, now the largest gold mine in Canada, supporting significant resource expansion and contributing as part of the 58N discovery team Ms. DeLazzer will lead exploration activities across Mayfair’s expanded land package, including the advancement of the South Block and recently acquired Plato properties, which increased the Company’s land position by more than 65%. Exploration will focus on defining and prioritizing structurally controlled gold targets along the Destor-Porcupine Deformation Zone and advancing near-mine opportunities to support the long-term growth of the Fenn-Gib Project.

Drew Anwyll, P.Eng, CEO of Mayfair Gold, stated: “We are very pleased to welcome Adree to the Mayfair team. She brings a strong combination of technical expertise and practical experience in advancing large-scale gold systems in the Abitibi Greenstone belt. Her background in leading exploration programs, combined with her experience in camp-scale consolidation and strategic development, will be important as we continue to evaluate the broader potential of our land package. With the Fenn-Gib Project in the development stage, we are keen to grow our exploration pipeline for the future.

Adree DeLazzer, Vice President, Exploration of Mayfair Gold, stated: “I am excited to join Mayfair at an important stage in the Company’s growth. The Fenn-Gib Project is a well-


defined asset, and the broader land package presents a compelling opportunity to evaluate additional targets along the Destor–Porcupine Deformation Zone. I look forward to working with the team on the ground to advance exploration programs focused on defining and prioritizing structurally controlled high-grade gold targets across the property.

With Adree leading the Exploration team, she will be working closely with Jean François Métail, who will take-on the expanded scope of Vice President Mineral Resource Management at Mayfair on the Fenn-Gib project.  

Drew Anwyll, P.Eng, CEO states, “Jean François was previously supporting Mayfair in a consulting role and moving into this new position we will see additional ownership to the overall geological scope on the Project.  Having worked with JF previously, I have absolute confidence in his ability to provide strategic guidance and geological oversight for the Fenn-Gib Gold Project, supporting resource modelling, and technical de-risking as the Project advances through development and into operations.”

Mr. Métail, is seasoned geo-scientist with more than 30 years of global experience in exploration, resource development, reserve strategy, and production reconciliation, including senior technical roles at Barrick Gold and Detour Gold. He brings deep expertise in resource modelling, QA/QC systems, grade control, and reserve conversion, along with a long track record of supporting major gold operations internationally.

Jean François spent 16 years at Barrick Gold, where he served as Director of Geology and Reserve Strategy within the corporate Operations Support group. His responsibilities included reserve stewardship, resource-to-reserve conversion, and establishing best practices for geological modelling, reconciliation, and QA/QC across Barrick’s global portfolio. Most recently, is work supported operations and projects in Mexico, Chile, Quebec and Ontario.

Before joining Barrick, he worked as an exploration geologist with Placer Dome, gaining foundational experience in Carlin-style and greenstone belt exploration, along with early-stage project development.

From 2012 to 2017, Jean François held senior leadership roles at Detour including Vice President, Exploration and Mineral Resources Management, where he oversaw resource growth, geological interpretation, and technical support for the Detour Lake Gold Mine. Many of the systems he put in place are still contributing to the success of Canada’s largest gold operation.

He later served as President and as Senior Technical Advisor to Blue Thunder Mining, supporting exploration strategy and project advancement in the Abitibi region in Quebec.


Jean François holds a B.Sc. from the Université de Montréal (1991) and completed a Citation Program in Geostatistics at the University of Alberta, strengthening his technical foundation in resource estimation and modelling.

About Mayfair Gold

Mayfair Gold is a Canadian development-stage gold company focused on advancing the 100% controlled Fenn-Gib Project in the Timmins region of Northern Ontario. The 2026 Pre-Feasibility Study (the “PFS”) outlines the potential to develop Fenn-Gib into a new Canadian gold producer, with 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. 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 Executive 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 within the meaning of applicable Canadian securities legislation and forward-looking statements within the meaning of applicable United States securities legislation (collectively, “forward-looking information”). The use of the words “will” and “expected” and similar expressions is intended to identify forward-looking information. Forward-looking information in this news release includes, but is not limited to, building and operating the Fenn-Gib Project, growing the Company’s exploration pipeline, the Company’s broader land package presenting a compelling opportunity to evaluate additional targets along the Destor-Porcupine Deformation Zone, advancing exploration programs focused on defining and prioritizing structurally controlled high-grade gold targets, and all disclosure related to the PFS, including expected commencement of construction and production. Although Mayfair Gold believes that the expectations reflected in such forward-looking information is reasonable, readers are cautioned that actual results may vary from the forward-looking information. The Company has based the forward-looking information on the Company’s current expectations and assumptions about future events. 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 and Form 40-F of the Company for the year ended December 31, 2025, available under the Company's profiles on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov, respectively. Furthermore, the forward-looking information contained in this news release is as at the date of this news release, and Mayfair does not undertake any obligation to publicly update or


revise any of this forward-looking information 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:

Drew Anwyll, P.Eng., CEO

Mayfair Gold Corp.
489 McDougall St.

Matheson, ON P0K 1N0, Canada
+1 (855) 350-5600
info@mayfairgold.ca

FAQ

What leadership changes did Mayfair Gold (MINE) announce in this 6-K?

Mayfair Gold appointed two new vice presidents, naming 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 exploration, resource modelling, and geological oversight for the Fenn-Gib Project.

What does the 2026 Pre-Feasibility Study say about Mayfair Gold’s Fenn-Gib Project?

The 2026 Pre-Feasibility Study outlines strong project economics, with 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 production years at a US$3,100/oz gold price.

When does Mayfair Gold plan to start construction and production at Fenn-Gib?

Mayfair Gold’s goal is to start construction in 2028, with initial production targeted for 2030. The company is currently advancing permitting, detailed engineering, and stakeholder engagement activities to support these milestones for the Fenn-Gib gold project in Northern Ontario.

How has Mayfair Gold’s land position around Fenn-Gib changed?

Mayfair Gold’s land package has increased by more than 65%, including the South Block and recently acquired Plato properties. Exploration will prioritize structurally controlled gold targets along the Destor-Porcupine Deformation Zone and near-mine opportunities around the Fenn-Gib Project.

What experience does Mayfair Gold’s new VP Exploration bring to the company?

Adree DeLazzer has 20 years of exploration and mine-site geology experience across Canada, including roles at Northern Superior Resources, Kirkland Lake Gold, and Detour Gold. She has led multi-million-dollar exploration programs and contributed to significant resource expansion and camp-scale consolidation strategies.

What is Jean François Métail’s role at Mayfair Gold and his background?

Jean François Métail is Vice President, Mineral Resource Management, overseeing resource modelling, QA/QC, grade control, and reserve conversion. He brings over 30 years of global experience, including 16 years at Barrick Gold and senior roles at Detour Gold’s Detour Lake Mine.

Filing Exhibits & Attachments

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