MFGCF - Mayfair Gold to Present at 12th Annual Energy and Mines Toronto Summit | Benzinga
- Fenn-Gib Canada's first net-zero gold project
- Vision to develop Canada's first net-zero gold mine
VANCOUVER, British Columbia, Sept. 07, 2023 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. ("Mayfair" or the "Company") (TSXV:MFG, OTCQB:MFGCF) today announced that Patrick Evans, president and CEO, will present at the 12th Annual Energy and Mines Toronto Summit. Mr. Evans will be presenting at 11 a.m. ET on November 29, 2023, on the topic "Displacing Diesel from Fleets: Miners' Perspectives."
Commenting, Mr. Evans noted: "Climate change compels us to reimagine mining in Canada and globally. Gold is Canada's most valuable mined commodity, valued in excess of $12 billion annually. The industry is a significant driver of economic activity across Canada, directly employing approximately 400,000 Canadians and offering the highest average annual industrial rate of pay in the country. The future of the industry depends critically upon sustainable development. At Fenn-Gib, we are laying the foundation for Canada's first carbon neutral gold mine. Our commitment started on January 1, 2021, when Mayfair acquired Fenn-Gib, and will continue through our exploration program, mine development, operations, and eventual closure."
Mayfair Gold's 100% controlled Fenn-Gib Project, located in the Timmins region of Northeast Ontario, hosts a NI 43-101 open-pit constrained Indicated mineral resource estimate of 3.38 million ounces (Moz) gold (Au) at a grade of 0.93 grams per tonne (g/t) Au, and an Inferred mineral resource of 0.16Moz Au at 0.85 g/t Au (see the "About Mayfair" section below). Ongoing exploration is defining additional higher-grade gold mineralization in the Footwall and Contact Zones immediately adjacent to the pit-constrained ...