Mayfair Gold reports highest grade intercept at Fenn-Gib

Mayfair Gold (TSXV: MFG; US-OTC: MFGCF) reported 63.59 grams gold per tonne over 5 metres including 200.89 grams gold over 1.5 metres […]
Ryan Hoefs exams core from mineralized zone at Fenn-Gib. Credit: Mayfair Gold.

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Mayfair Gold (TSXV: MFG; US-OTC: MFGCF) reported 63.59 grams gold per tonne over 5 metres including 200.89 grams gold over 1.5 metres at its flagship Fenn-Gib project in northeastern Ontario, about 80 km east of Timmins.

The hole, FG21-165, was drilled below the shallow central section of the current conceptual open pit, and the high-grade intercept started at a downhole depth of 540 metres, or about 400 vertical metres below surface.

Other highlights from the infill and expansion drill program included drillhole FG21-152, which returned 192.3 metres grading 1.28 grams gold per tonne starting from 13.2 metres downhole, including 35 metres of 3.59 grams gold per tonne.

The assays are part of the junior’s fully funded 50,000-metre drill program and will be fed into an upcoming resource estimate before the end of the year.

Currently the project has an indicated resource of 70.20 million tonnes grading 0.92 gram gold per tonnne for 2.08 million oz. of contained gold and another 3.77 million inferred tonnes grading 0.62 gram gold per tonne for 74,967 ounces.

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