Mayfair Gold Announces Successful Completion of Fenn-Gib Geotechnical Study
MATHESON, Ontario, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to announce the successful completion of the geotechnical and hydrogeology studies in support of pre-feasibility-level open-pit design for the Fenn-Gib Project.
- MATHESON, Ontario, Dec. 04, 2023 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to announce the successful completion of the geotechnical and hydrogeology studies in support of pre-feasibility-level open-pit design for the Fenn-Gib Project.
- We are now preparing to commence a pre-feasibility study, which we expect to be completed by mid-2024.”
Mayfair Gold contracted InnovExplo Inc. to manage the geotechnical and hydrogeology campaign. - Mr. Evans added: “The geotechnical study confirms the potential to extend the Fenn-Gib open-pit to below 550m.
- This is attributable to highly favorable broadly disseminated nature of the Fenn-Gib gold mineralization and the competence of the country rock.