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The latest announcement is out from Mayfair Gold ( (TSE:MFG) ).
Mayfair Gold Corp. has appointed Nicholas Campbell as the new CEO, succeeding Darren McLean. Campbell, with over 20 years in the mining industry, will lead the company as it transitions the Fenn-Gib project towards production. The project, which has a 4.3 million-ounce indicated mineral resource, is well-positioned for swift development due to its strategic location with highway access and nearby power. The company plans to bolster its management team and release a Pre-Feasibility Study by the second half of 2025, aiming for a smaller initial operation concentrating on the higher-grade gold deposits.
More about Mayfair Gold
Mayfair Gold Corp. operates in the mining industry, focusing primarily on the exploration and development of gold projects. Its primary asset is the Fenn-Gib gold project located in Ontario, Canada, which is currently advancing from exploration to development and production. The project boasts a significant mineral resource with a high-grade starter zone, offering potential economic advantages.
YTD Price Performance: -4.07%
Average Trading Volume: 40,932
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$188M
Find detailed analytics on MFG stock on TipRanks’ Stock Analysis page.
