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Mayfair Gold advances FEED work for planned 4,800-tpd Fenn-Gib gold plant in Ontario, Q2 update shows

PUBT

Jul 23, 2026 at 05:50 AM

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Mayfair Gold advanced FEED for its 4,800-tpd Fenn-Gib gold plant in Ontario, with Ausenco leading engineering. Grade-control drilling confirmed reserves, showing increased tonnage and gold content above key thresholds. Power planning progressed for an 115 kV line via Hydro One and IESO. The company also incurred costs for investor research and digital advertising.

Mayfair Gold reported Q2 2026 progress to advance and de-risk its 100%-controlled Fenn-Gib Gold Project in Northern Ontario. * Front-end engineering design advanced for a planned 4,800-tonne-per-day process plant, with Ausenco leading plant engineering and site layout updates. * Grade-control drilling results confirmed reserve grade, with 2% more tonnes above 0.80 g/t Au and 37% more gold above 3.0 g/t Au. * Power planning advanced for a proposed 115 kV line, with Hydro One Networks and the IESO engaged on allocation and grid-connection requirements. * Paid C$47,000 for 12-month investor research services, paid US$400,000 for a six-month digital advertising campaign. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mayfair Gold Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607230650PR_NEWS_USPR_____TO10647) on July 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)

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Mayfair Gold reported Q2 2026 progress to advance and de-risk its 100%-controlled Fenn-Gib Gold Project in Northern Ontario. * Front-end engineering design advanced for a planned 4,800-tonne-per-day process plant, with Ausenco leading plant engineering and site layout updates. * Grade-control drilling results confirmed reserve grade, with 2% more tonnes above 0.80 g/t Au and 37% more gold above 3.0 g/t Au. * Power planning advanced for a proposed 115 kV line, with Hydro One Networks and the IESO engaged on allocation and grid-connection requirements. * Paid C$47,000 for 12-month investor research services, paid US$400,000 for a six-month digital advertising campaign. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mayfair Gold Corp. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202607230650PR_NEWS_USPR_____TO10647) on July 23, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)