Mayfair Gold’s 4,200m Grade Control Drill Hits Up to 2.54 g/t Au over 64m

MINEMINE

Mayfair Gold’s 2025 grade control drilling at Fenn-Gib comprised 56 holes totalling 4,200m, with interim assays from 36 holes showing capped grades up to 2.54 g/t Au over 64m, matching or exceeding block model forecasts. This bolsters confidence in high-grade starter pit feed and supports project financing.

1. Grade Control Drilling Program

Mayfair Gold conducted a tight-spaced grade control drilling program at the Fenn-Gib starter pit, completing 56 vertical diamond holes on a 10m x 10m grid to a target depth of 75m, totalling 4,200m. The program targets approximately one million tonnes of near-surface material intended for initial plant feed.

2. Interim Assay Results

Interim assays from 36 drill holes revealed capped gold grades ranging from 0.74 to 2.54 g/t Au over intercepts up to 64m, generally aligning with or exceeding the existing block model. Remaining assays are expected in Q1 2026, after which full QA/QC verification will be completed.

3. Project Impact and Financing

These early results reinforce the high-grade assumptions for the initial production years outlined in the 2026 pre-feasibility study and generate critical data on ore geometry, dilution and potential metal loss. Mayfair Gold will leverage this information to refine mine planning and advance project financing efforts.

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