Mayfair Gold Appoints Two VPs, Expands Land Package Over 65%
Mayfair Gold has appointed Adree DeLazzer as VP Exploration and Jean François Métail as VP Mineral Resource Management to advance its Fenn-Gib Project. The hires coincide with a >65% land package expansion, targeting structurally controlled gold along the Destor-Porcupine Deformation Zone and a C$450 million capex PFS for Fenn-Gib.
1. Leadership Appointments
Mayfair Gold has added Adree DeLazzer, P.Geo, as Vice President Exploration and Jean François Métail as Vice President Mineral Resource Management. DeLazzer brings 20 years of experience in Abitibi gold systems, having led multi-million-dollar programs and camp consolidation strategies, while Métail offers over 30 years in resource modelling and reserve strategy from tenures at Barrick Gold and Detour Gold.
2. Land Package Expansion
The company increased its land position by more than 65% through acquisitions, including the South Block and Plato properties. Exploration will focus on defining and prioritizing structurally controlled high-grade gold targets along the Destor-Porcupine Deformation Zone and advancing near-mine opportunities at Fenn-Gib.
3. Fenn-Gib Project PFS Details
The 2026 Pre-Feasibility Study outlines an initial C$450 million development capital requirement, a 2.7-year payback period 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.