お知らせ • Sep 12
Mayfair Gold Corp. Reports Mineral Resource Estimate At Fenn-Gib Gold Project
Mayfair Gold Corp. reported an updated mineral resource estimate at the Company's 100% controlled Fenn-Gib Gold Project, located in the Timmins region of Northeast Ontario. The updated resource estimate incorporates 69 new drill holes for 46,955m of predominantly infill drilling, along with a new lithological model. This updated Mineral Resource will form the basis of the Company's Pre-Feasibility Study (PFS) which is currently underway. Additionally, the company announced that it is extending metallurgical test work for Fenn-Gib. Highlights: Indicated Mineral Resource of 4.31Moz Au (0.3g/t Au cut-off grade), Robust grade-tonnage curve demonstrates optionality to sequence for higher grades, 3.40Moz Au @ 1.00g/t Au (0.5g/t Au cut-off grade), Comprehensive metallurgical test program initiated with results expected in Quarter 1, 2025. Fenn-Gib Open-Pit Mineral Resource Estimate: Indicated- >0.7 (Cutoff (Au g/t)) 64,563,000 Tonnes 1.26 Au (g/t) 2,615,000 Au (oz), >0.6(Cutoff (Au g/t)) 82,125,000 Tonnes 1.13 Au (g/t) 2,984,000 Au (oz), >0.5 (Cutoff (Au g/t)) 105,644,000 Tonnes 1.00 Au (g/t) 3,397,000 Au (oz), >0.4 (Cutoff (Au g/t)) 137,251,000 Tonnes 0.87 Au (g/t) 3,839,000 Au (oz), >0.3 (Cutoff (Au g/t)) 181,302,000 Tonnes 0.74 Au (g/t) 4,313,000 Au (oz). Inferred: >0.7 (Cutoff) 1,140,000 Tonnes 0.96 Au (g/t) 35,000 Au (oz), >0.6 (Cutoff) 1,799,000 Tonnes 0.85 Au (g/t) 49,000 Au (oz), >0.5 (Cutoff) 2,710,000 Tonnes 0.75 Au (g/t) 65,000 Au (oz), >0.4 (Cutoff) 4,729,000 Tonnes 0.62 Au (g/t) 94,000 Au (oz), >0.3 (Cutoff) 8,921,000 Tonnes 0.49 Au (g/t) 141,000 Au (oz). 2024 Fenn-Gib Mineral Resource Estimate - Selected Case (0.3g/t Au cut off): Indicated: 0.3 Cutoff (Au g/t) 181,302,000 Tonnes 0.74 Au (g/t) 4,313,000 Au (oz), Inferred: 0.3 Cutoff (Au g/t) 8,921,000 Tonnes 0.49Au (g/t) 141,000 Au (oz). Mayfair has initiated a comprehensive metallurgical test program for the Fenn-Gib project. While current testing is sufficient for the ongoing Pre-Feasibility Study, the additional test work and results will provide detailed process design criteria required for the Feasibility Study Mayfair currently intends to commence in 2025. 50 composite samples with 5 spares were selected from seven drill holes and sent to SGS Lakefield Laboratory for testing. The samples were collected from 680 meters of drill core encompassing a range of key lithologies and zones throughout the Fenn-Gib resource. Samples were further selected to incorporate a broad range of gold head grades within each zone to stress test potential variability in mill feed. An additional 12 composite samples, with 2 spares, from 10 drill holes representing 164m of drill core were taken for comminution characterization test work. Baseline testing including material hardness, grind size calibration, grind size versus rougher flotation recovery, reagent suite versus rougher flotation recovery, retention time kinetics, rougher concentrate regrind size evaluation at 10 µm, 15 µm, and 20 µm, and concentrate cyanidation CIP versus CIL comparisons, solid-liquid separation and environmental tests are all part of the metallurgical test work program. Results are currently scheduled for completion in First quarter 2025.