MAYFAIR GOLD REPORTS FINAL POSITIVE RESULTS AND ANALYSIS FROM GRADE CONTROL DRILLING PROGRAMTORONTO, June 18, 2026 /PRNewswire/ - Mayfair Gold Corp. ("Mayfair", "Mayfair Gold", or the "Company") (TSXV: MFG) (NYSE American: MINE) is pleased to announce final results and evaluation of the tight-spaced Grade Control ("GC") drilling program. Highlights and analysis from the Grade Control ("GC") drilling test area1: Grade Control program tested ~1.0M tonnes of the probable mineral reserves from the 2026 Pre-Feasibility Study (the "PFS") 2 , about 25% of Phase 1 Reserve model validated in test area At a 0.8 g/t Au cut-off grade, the Grade Control model returned the similar grade as the reserve model, with approximately 2% more contained metal 28% more tonnes at 7% higher grade for material above 3.0 g/t Au De-risking of early years' high-grade feed and cash flow profile Improved confidence in early cash flows will facilitate project financing discussions with counter parties Potential to bring forward higher-grade production Mayfair Gold reports positive results from the analysis of the grade control ("GC") program completed in late 2025 at the Fenn-Gib Project, confirming approximately 1 million tonnes of ore-grade material that was categorized as probable reserves in the PFS, or roughly 25% of the Phase 1 planned design.
PRNewsWire6/18/2026Neutral