# MAYFAIR GOLD CORP.

MAYFAIR GOLD CORP. is an Asset Manager based in Surrey, Canada.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Surrey, Canada
- **Region:** North America
- **Address:** Surrey, British Columbia, Canada
- **Assets under management:** Undisclosed
- **Website:** mayfairgoldcorp.com

## Regulatory record

- **Reports private funds:** No

## About

MAYFAIR GOLD CORP. is a Canadian mineral exploration company listed on the TSX Venture Exchange, with a primary focus on the Fenn-Gib gold project in the prolific Timmins gold camp of northeastern Ontario. The company controls the 100%-owned Fenn-Gib deposit, which hosts a large, near-surface gold resource. A 2023 Preliminary Economic Assessment envisioned an open-pit mining operation with a 21-year mine life, positioning the project as one of the larger undeveloped gold resources in the region. The company's deployment is concentrated on de-risking this single-asset strategy through resource expansion and step-out drilling. In February 2023, Mayfair Gold completed an infill drill program that successfully upgraded inferred resources to the indicated category, with notable intercepts including 53.8 meters at 1.06 grams per tonne gold. Metallurgical test work has demonstrated strong gold recoveries exceeding 93%, supporting the economic thesis outlined in the PEA. The geographic focus remains the Abitibi greenstone belt in Ontario, a Tier-1 mining jurisdiction. Mayfair Gold operates from a lean corporate structure with a technical team experienced in mine development and operations. The company went public in 2022 through a reverse takeover, raising approximately C$25 million to fund its exploration programs. The project is led by a management team with prior experience at major gold producers, though the firm remains tightly focused on advancing a single brownfield site through the permitting and feasibility stages. Structurally, Mayfair Gold differs from typical explorers through its exclusive focus on a single, district-scale asset with a clear development path, rather than a portfolio of grassroots plays. The company's disciplinary resolve is its capital efficiency — deploying the bulk of treasury into in-fill drilling and technical studies on a known deposit, a model designed to reduce geological risk while positioning the project for a future construction decision or a potential takeout by a senior producer.

## Sectors

- Mining & Metals
- Natural Resources

## Questions

### What stage is the Fenn-Gib project at?

The Fenn-Gib project is at the advanced exploration and economic assessment stage. In 2023, Mayfair Gold published a Preliminary Economic Assessment that demonstrated the technical and economic viability of an open-pit mine with a 21-year mine life. The company continues step-out drilling to expand the resource base while advancing toward a Pre-Feasibility Study.

### Is Mayfair Gold a producer or an explorer?

Mayfair Gold is strictly an exploration and development company; it does not currently produce gold. All revenue is dependent on future financing, a construction decision for the Fenn-Gib project, or the potential sale of the asset. The company generates no operational cash flow from mining activities.

### Where does Mayfair Gold source its funding?

The company went public via a reverse takeover in 2022, raising approximately C$25 million. Since then, funding has come from equity placements on the TSX Venture Exchange. As a junior explorer, it relies on periodic capital raises to fund ongoing drill programs and technical studies at Fenn-Gib.

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Last updated: 2026-06-03T20:00:00.000Z

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