Annuncio • 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.

Percentuale dello stipendio del CEO	n/a
Mandato del CEO	no data
Proprietà del CEO	0.2%
Durata media del management	less than a year
Durata media del Consiglio di amministrazione	1.9yrs

Nome	Posizione	Mandato	Compensazione	Proprietà
Darren Prins	Corporate Secretary	1.8yrs	CA$117.88k	Nessun dato
Edward William Anwyll	Chief Executive Officer	no data	Nessun dato	0.19% $ 398.1k
Kevin Annett	Chief Financial Officer & Corporate Secretary	less than a year	Nessun dato	0.17% $ 363.7k

Nome	Posizione	Mandato	Compensazione	Proprietà
Carson Block	Independent Director	1.9yrs	Nessun dato	Nessun dato
Darren McLean	Independent Chair	1.9yrs	Nessun dato	1.79% $ 3.8m
Sean Pi	Independent Director	1.9yrs	CA$11.83k	5.96% $ 12.6m
Christine Hsieh	Independent Director	1.9yrs	CA$13.19k	0.043% $ 91.1k
Zach Allwright	Independent Director	1.9yrs	CA$13.19k	Nessun dato

Dati	Ultimo aggiornamento (ora UTC)
Analisi dell'azienda	2026/05/12 21:55
Prezzo dell'azione a fine giornata	2026/05/12 00:00
Utili	2025/12/31
Utili annuali	2025/12/31

Pacchetto	Dati	Tempistica	Esempio Fonte USA ^*
Dati finanziari della società	10 anni	Conto economico Rendiconto finanziario Bilancio	Modulo SEC 10-K Modulo SEC 10-Q
Stime di consenso degli analisti	+3 anni	Previsioni finanziarie Obiettivi di prezzo degli analisti	Rapporti di ricerca degli analisti Blue Matrix
Prezzi di mercato	30 anni	Prezzi delle azioni Dividendi, scissioni e azioni	Dati di mercato ICE Modulo SEC S-1
Proprietà	10 anni	Top azionisti Insider trading	Modulo 4 SEC Modulo 13D SEC
Gestione	10 anni	Team di leadership Consiglio di amministrazione	Modulo SEC 10-K Modulo SEC DEF 14A
Sviluppi principali	10 anni	Annunci aziendali	Modulo 8-K SEC

Mayfair Gold Gestione

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Informazioni chiave

Aggiornamenti recenti sulla gestione

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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