Anuncio • Jan 08

Mayfair Gold Corp. Delivers Robust Pre-Feasibility Study for the Fenn-Gib Gold Project

Mayfair Gold Corp. announced the results of its 2026 Pre-Feasibility Study ("PFS") for the Fenn-Gib gold project in the Timmins Gold District of Ontario, Canada. The study has been prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"). The NI 43-101 Technical Report for the PFS will be filed within the next 45 days and will be made available under the Company's profile on SEDAR+ and on the Company's website. Unless otherwise stated, all dollars in this news release are expressed in Canadian dollars. Highlights of the 2026 PFS for the Fenn-Gib Gold Project in Ontario include an after-tax NPV(5%) of USD 652 million and IRR of 24% at a USD 3,100/oz base case gold price and 1.35 CAD/USD exchange rate, and an after-tax NPV(5%) of USD 1.37 billion and IRR of 38% at a USD 4,450/oz spot gold price and 1.38 CAD/USD exchange rate. The study reports an average grade processed of 1.47 g/t gold over the first six years of operations for average annual gold production of 71,336 ounces at an AISC of USD 1,171/oz, and an average grade processed of 1.29 g/t gold over the 14.3-year reserve life for average annual gold production of 64,096 ounces at an AISC of USD 1,292/oz. Free cash flow in the first six years of operation is estimated at over USD 896 million at the base case gold price and $1.43 billion at the spot gold price, with initial development capital costs of USD 450 million and a short payback period of 2.7 years on the base case, dropping to 1.7 years at spot gold. The mine plan and associated economics only exploit 1.04 Moz (24%) of the total 4.3 Moz Indicated Resource, preserving optionality for future growth. Environmental Baseline studies are well advanced to allow for early 2026 commencement of the Environmental Assessment and Ontario permitting process, with a final investment decision expected within three years and commercial operation within five years. The study outlines Mayfair's strategy to reduce execution risk and prioritize high-margin material early in the mine plan, supported by a realistic and financeable initial capital outlay, enabling rapid value generation from Fenn-Gib while preserving long-term flexibility to deploy free cash flow toward regional growth opportunities or advancing secondary assets to diversify and expand production. Economic results are presented on an unlevered basis to highlight the strong standalone project returns, and Mayfair intends to prudently utilize project-level debt and other financing options to minimize overall cost of capital and maximize per-share economic returns. Initial capital expenditures are estimated at USD 450 million, including a 26% contingency on direct costs, and the PFS considers a conventional open-pit mining operation with modular processing plant designs allowing for a simplified construction schedule of less than 24 months, reducing inflationary and execution risks. The Project will proceed under the Provincial Class Environmental Assessment process and does not trigger a Comprehensive EA or federal Impact Assessment under current regulations. Social and community engagement has focused primarily on the Apitipi Anicinapek Nation due to its proximity to the Fenn-Gib site, with an active Exploration Agreement in place and continued collaborative consultation toward a Community Benefit Agreement. The Project plans to advance Ontario-led environmental approvals, Indigenous agreements, and engineering-design-procurement in parallel to enable major construction within 24–36 months and commercial operations within five years. The 2026 PFS assumes an average annual gold production of 71.3 koz over the first six years of operation and total life-of-mine production of 920 koz over 14.3 years. Base case economics are calculated on an unlevered basis using a gold price of USD 3,100 and a flat exchange rate of CAD 1.35 per USD 1, including an effective royalty rate averaging 1.7%. Free cash flow after working capital changes is expected to total USD 896 million in the first six years, increasing to USD 1.43 billion at a spot gold price of USD 4,450/oz. The mine plan reflects total gold processing of 1.04 Moz with 88.3% recovery, representing 24% of the September 3, 2024 Indicated Mineral Resource estimate of 4.3 Moz. Sensitivity analysis shows that every USD 100 change in the gold price assumption results in an approximate USD 50 million change in NPV. Initial capital cost is estimated at USD 450 million including USD 66 million of contingency, with a main construction period of 18 to 24 months. Sustaining capital includes mining fleet additions and replacement, highway relocation, and future TSF dam raises, with no provision for potential plant expansion capital. Life-of-mine unit operating costs are estimated at USD 59.43 per tonne of ore processed, with average life-of-mine cash costs and AISC of USD 1,203 and USD 1,292 respectively. The PFS outlines a production profile based on a high-grade open pit with a projected operating mine life of 14.3 years, averaging 1.29 g/t Au and metallurgical recovery of 88.3%, with first six-year average annual production of 71,336 oz at a feed grade of 1.47 g/t and peak output of over 82,000 oz in year two, while mined Reserves represent only 24% of the overall 4.3 Moz Indicated Mineral Resource.

Porcentaje del salario del CEO	n/a
Permanencia del CEO	no data
Participación del CEO	0.2%
Permanencia media de la dirección	less than a year
Promedio de permanencia en la Junta Directiva	1.9yrs

Nombre	Posición	Permanencia	Compensación	Propiedad
Darren Prins	Corporate Secretary	1.8yrs	CA$117.88k	sin datos
Edward William Anwyll	Chief Executive Officer	no data	sin datos	0.19% $ 363.7k
Kevin Annett	Chief Financial Officer & Corporate Secretary	less than a year	sin datos	0.17% $ 332.3k

Nombre	Posición	Permanencia	Compensación	Propiedad
Carson Block	Independent Director	1.9yrs	sin datos	sin datos
Darren McLean	Independent Chair	1.9yrs	sin datos	1.79% $ 3.4m
Sean Pi	Independent Director	1.9yrs	CA$11.83k	5.96% $ 11.5m
Christine Hsieh	Independent Director	1.9yrs	CA$13.19k	0.043% $ 83.2k
Zach Allwright	Independent Director	1.9yrs	CA$13.19k	sin datos

Datos	Última actualización (huso horario UTC)
Análisis de la empresa	2026/05/17 23:35
Precio de las acciones al final del día	2026/05/15 00:00
Beneficios	2026/03/31
Ingresos anuales	2025/12/31

Paquete	Datos	Marco temporal	Ejemplo Fuente EE.UU. ^*
Finanzas de la empresa	10 años	Cuenta de resultados Estado de tesorería Balance	Formulario SEC 10-K Formulario SEC 10-Q
Estimaciones del consenso de analistas	+3 años	Previsiones financieras Objetivos de precios de los analistas	Informes de análisis Blue Matrix
Precios de mercado	30 años	Precios de las acciones Dividendos, escisiones y acciones	Datos de mercado ICE Formulario S-1 de la SEC
Propiedad	10 años	Accionistas principales Información privilegiada	Formulario SEC 4 Formulario SEC 13D
Gestión	10 años	Equipo directivo Consejo de Administración	Formulario SEC 10-K Formulario SEC DEF 14A
Principales avances	10 años	Anuncios de empresas	Formulario SEC 8-K

Mayfair Gold Dirección

Dirección controles de criterios 0/4

Información clave

Actualizaciones recientes de la dirección

Mayfair Gold Corp. Announces CEO Changes

Key Executive recently bought US$37k worth of stock

Mayfair Gold Corp., Annual General Meeting, Jun 25, 2026

Key Executive recently bought US$52k worth of stock

Mayfair Gold Corp. Appoints Kevin Annett as Chief Financial Officer, Effective April 7, 2026

Chief Operating Officer recently bought US$120k worth of stock

Recent updates

Mayfair Gold Corp. Announces CEO Changes

Key Executive recently bought US$37k worth of stock

Mayfair Gold Corp., Annual General Meeting, Jun 25, 2026

Mayfair Gold Corp. announced that it has received CAD 0.25404 million in funding

Key Executive recently bought US$52k worth of stock

Mayfair Gold Corp. Appoints Kevin Annett as Chief Financial Officer, Effective April 7, 2026

Chief Operating Officer recently bought US$120k worth of stock

Mayfair Gold Corp. Announces the Initial Results from the 2025 Grade Control Drilling Program At the Fenn-Gib Project in Northern Ontario

Mayfair Gold Corp. Submits Fenn-Gib Gold Project Notice of Project Status

High number of new and inexperienced directors

Mayfair Gold Corp. Delivers Robust Pre-Feasibility Study for the Fenn-Gib Gold Project

Mayfair Gold Corp. announced that it has received CAD 35.00145 million in funding from Oaktree Capital Management, L.P. and other investors

Mayfair Gold Corp., Annual General Meeting, Sep 04, 2025

Mayfair Gold Corp. Provides Details on Open Pit Design Consideration and Confidence Drill Program to Support Preparation of Fenn-Gib Pre-Feasibility Study

Mayfair Gold Corp. Provides Update on 2025 Metallurgical Test Results Supporting the Fenn-Gib Pre-Feasibility Study

Mayfair Gold Names Drew Anwyll as Chief Operating Officer, Effective March 1, 2025

Mayfair Gold Corp Announces CEO Changes

Mayfair Gold Corp. announced that it has received CAD 6.012 million in funding from Muddy Waters Capital LLC and other investors

Mayfair Gold Corp. announced that it expects to receive CAD 6.012 million in funding from Muddy Waters Capital LLC and other investors

Mayfair Gold Corp. Reports Mineral Resource Estimate At Fenn-Gib Gold Project

Mayfair Gold Corp. Announces Board Changes

Mayfair Gold Corp. Announces CFO Changes

Mayfair Gold Corp. Approves Management Appointments

Mayfair Gold Corp. Defeats Muddy Waters Capital LLC's Meritless Lawsuit

Mayfair Gold Corp. Obtains Ex Parte Order by Muddy Waters Capital LLC in the Supreme Court of British Columbia

Mayfair Gold Corp. Provides Update on Fenn-Gib Gold Project

Mayfair Gold Corp., Annual General Meeting, Jun 05, 2024

Mayfair Gold Corp. Announces Further Drill Results from the Higher-Grade Footwall Zone Located Approximately 100 Meters to the Northwest of the Fenn-Gib Gold Deposit

Muddy Waters Releases Letter to Shareholders of Mayfair Gold

Mayfair Gold Corp Receives a Notice from Muddy Waters Capital LLC

Mayfair Gold Corp. Announces Resignation of Sean Pi as Director

Mayfair Gold Drills 3.14 g/t Au Over 10.0m Including 15.94 g/t Au Over 1.0m at Fenn-Gib Footwall Zone

Mayfair Gold Corp. Announces Successful Completion of Fenn-Gib Geotechnical Study

Mayfair Gold Corp. announced that it expects to receive CAD 10.9977 million in funding

Mayfair Gold Corp. Announces Further Drill Results from the Higher-Grade Footwall Zone Located Approximately 100 Meters to the North of the Fenn-GIB Gold Deposit

Mayfair Gold Corp. Makes New Discovery At Fenn-Gib Gold Project

Mayfair Gold Corp. Reports Positive Results from Ongoing Metallurgical Testing

Mayfair Gold Corp. Completes Fenn-Gib Geotechnical and Hydrogeology Field Campaign

Mayfair Gold Corp. Fenn-Gib Project Maintains Carbon Neutrality for 2022

Mayfair Gold Corp. Increases Fenn-Gib Open-Pit Indicated Resource Estimate to 3.38M Ounces and Reports Inferred Resource of 0.16M Ounces

Mayfair Gold Corp. announced that it has received CAD 3.02575 million in funding from Muddy Waters Capital LLC and another investor

Mayfair Gold Corp. announced that it expects to receive CAD 3.02575 million in funding

Mayfair Gold Reports Positive Advanced Metallurgical Test Results for Fenn-Gib Deposit, Ontario

Mayfair Gold Corp. announced that it has received CAD 3.45 million in funding

Mayfair Gold Corp. Announces Resource Drilling Recommence At Its Fenn-Gib Gold Project

Mayfair Gold Drills 1.40 G/T Gold over 65.0M from Fenn-Gib Expansion Drill Program

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