Mayfair Gold appoints Daniel Janusauskas as technical VP

Starting November 1, 2026, Janusauskas will lead technical services as Mayfair advances Fenn-Gib toward a construction decision.

Rhea-AI Filing Summary

Mayfair Gold Corp. (MINE) appointed Daniel Janusauskas, P.Eng., as Vice President, Technical Services, effective November 1, 2026. He will lead the technical services function as the company advances its 100%-owned Fenn-Gib Gold Project toward a construction decision. Janusauskas has more than 15 years of experience in technical services, mine planning, project development and operations.

Mayfair says Fenn-Gib hosts a 4.3-million-ounce indicated gold resource and a 1-million-ounce probable mineral reserve. The 2026 pre-feasibility study outlines C$450 million in initial development capital and a 2.7-year base-case payback, and describes potential cumulative free cash flow of US$896 million over the first six years of production at a US$3,100-per-ounce gold price. Mayfair is advancing permitting, detailed engineering and stakeholder engagement, with goals of starting construction in 2028 and initial production in 2030; it cautions that actual results may vary from forward-looking information.

Key Figures

Indicated gold resource: 4.3 million ounces Probable mineral reserve: 1 million ounces Initial development capital: C$450 million +5 more

8 metrics

Indicated gold resource 4.3 million ounces Fenn-Gib

Probable mineral reserve 1 million ounces Fenn-Gib

Initial development capital C$450 million 2026 pre-feasibility study

Base-case payback period 2.7 years 2026 pre-feasibility study

Cumulative free cash flow US$896 million Potential amount over the first six years of production

Gold price US$3,100/oz Price assumption for the stated cumulative free cash flow

Construction target 2028 Company goal

Initial production target 2030 Company goal

Key Terms

indicated mineral resource, probable mineral reserve, pre-Feasibility Study, free cash flow, +1 more

5 terms

indicated mineral resource technical

"4.3-million-ounce indicated mineral resource of gold"

A quantified portion of a mineral deposit where geological evidence and sampling give a reasonable level of confidence in the quantity, grade and continuity of the minerals — think of it as a well-marked stretch on a treasure map rather than a vague hunch. It matters to investors because it provides a credible estimate that can be used for preliminary economic studies and valuation, reducing uncertainty compared with less-certain resource categories.

probable mineral reserve technical

"higher-grade 1-million-ounce probable mineral reserve"

A probable mineral reserve is the portion of a mineral deposit that geologists and engineers judge likely to be economically mineable based on available data and reasonable assumptions about extraction, costs and market conditions; it carries a moderate level of confidence, higher than a resource estimate but lower than a proven reserve. Investors care because it represents the amount of commodity a company can reasonably expect to convert into saleable product—like a cautiously optimistic shopping list that helps estimate future production, revenue and project risk.

pre-Feasibility Study technical

"expected strategy outlined in the 2026 Pre-Feasibility Study"

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.

free cash flow financial

"cumulative free cash flow of US$896 million"

Free cash flow is the amount of money a company has left over after paying all its expenses and investing in its business, like buying equipment or updating facilities. It shows how much cash is available to reward shareholders, pay down debt, or save for future growth. This helps investors understand if a company is financially healthy and able to grow.

NI 43-101 regulatory

"NI 43-101 studies"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is Mayfair Gold (MINE) appointing as vice president of technical services?

Mayfair Gold appointed Daniel Janusauskas, P.Eng., effective November 1, 2026. He is expected to lead the company’s technical services function as it advances the Fenn-Gib Gold Project toward a construction decision.

What tonnage and grades did Mayfair Gold (MINE) report for Fenn-Gib?

Mayfair reports an indicated gold resource of 181.3 million tonnes at an average grade of 0.74 g/t and a probable mineral reserve of 25.1 million tonnes at an average grade of 1.29 g/t.

How does Mayfair Gold (MINE) qualify its Fenn-Gib free cash flow estimate?

Mayfair describes prospective free cash flow as a non-GAAP measure that has no standardized meaning and may not be comparable with similar measures from other issuers. Because the company is not in production, it has no historical non-GAAP or comparable IFRS measures, so the prospective figure may not be reconciled to the nearest comparable IFRS measure.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 6-K: How Foreign Companies Report to the SEC →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 10/05/2026 - 01:33 PM Accepted by SEC EDGAR 10/05/2026 - 01:32 PM Learn about SEC filing dates

__________________________________________________________________________________________________________________

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 October 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 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 October 5, 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: October 5, 2026

Mayfair Gold Corp.

By:/s/ Kevin Annett                            

Name:Kevin Annett 

Title: Chief Financial Officer 

 

MAYFAIR GOLD APPOINTS DANIEL JANUSAUSKAS AS VICE PRESIDENT, TECHNICAL SERVICES

Toronto, ON – 5 October 2026 – Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSXV: MFG, NYSE American: MINE) is pleased to announce the appointment of Daniel Janusauskas, P.Eng., as Vice President, Technical Services, effective November 1, 2026. Mr. Janusauskas will lead the Company’s technical services function as it advances and de-risks the 100%-owned Fenn-Gib Gold Project (“Fenn-Gib” or the “Project”) toward a construction decision.

Drew Anwyll, P.Eng., Chief Executive Officer of Mayfair Gold, stated: “I have worked closely with Daniel previously and know him to be an exceptional engineer with broad experience spanning mining operations, technical studies, and project development. His technical judgement, practical approach, and strength of character make him ideally suited to help lead Fenn-Gib through its next stage of development and toward becoming an operating gold mine. We are very happy to welcome him to Mayfair.”

Daniel Janusauskas, P.Eng., is a mining engineer with more than 15 years of experience in technical services, mine planning, project development, and operations. Most recently, he served as Technical Services Manager at Generation Mining, where he helped advance the Marathon Copper-Palladium Project through feasibility updates, lender due diligence and independent engineer reviews, project financing, and the transition into construction.

Previously, Mr. Janusauskas held technical and leadership roles with Baffinland Iron Mines, Detour Gold, and BBA, with experience in operational ramp-up and optimization, life-of-mine planning, NI 43-101 studies, and project evaluation. He holds a Bachelor of Mining Engineering from McGill University and is a recipient of the CIM-Bedford Canadian Young Mining Leaders Award.

Mr. Janusauskas, P.Eng., incoming Vice President, Technical Services, added: “I am excited to join Mayfair Gold at an important stage in Fenn-Gib’s development. Mayfair has assembled an experienced and agile team, and I look forward to bringing my project development and operational experience to help advance Fenn-Gib toward production and build Mayfair into an operating and growing gold company.”

About Mayfair Gold

Mayfair Gold is a Canadian development-stage gold company focused on advancing the 100%-owned Fenn-Gib Project in the Timmins region of Northern Ontario. Fenn-Gib hosts a 4.3-million-ounce indicated mineral resource of gold (181.3Mt at an average grade of 0.74 g/t) and the expected strategy outlined in the 2026 Pre-Feasibility Study (the “PFS”)¹ is to develop the Project under the provincial permitting process, targeting the higher-grade 1-million-ounce probable mineral reserve (25.1Mt at an average grade of 1.29g/t) sitting near-surface, highlighting the optionality and scalability provided by the deposit.  The PFS also 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 flow² 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 Company also remains focused on exploration around the broader land package with the goal of enhancing mineral resource scale and growth opportunities.

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, the expected strategy to develop the project under the provincial permitting process, targeting the higher-grade 1-million-ounce mineral reserve, building and operating the Fenn-Gib Project, any anticipated permitting timelines, 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

¹ Please refer to the technical report entitled “Fenn-Gib Gold Project NI 43-101 Technical Report and pre-Feasibility Study” dated effective December 19, 2025 available on SEDAR+ at www.sedarplus.ca for further details.

² Free cash flow does not have a standardized meaning and may not be comparable to similar

measures presented by other issuers, referred to as non-GAAP financial measures. As the Corporation is not in production, the Corporation does not have historical non-GAAP financial measures nor historical comparable measures under IFRS, and therefore the foregoing prospective non-GAAP financial measures may not be reconciled to the nearest comparable measures under IFRS.

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.
2770 Plymouth Dr – Suite 101

Oakville, ON L6H 6Y4 Canada
+1 (855) 350-5600
info@mayfairgold.ca

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 EXHIBIT 99.1 10.3 KB