Mayfair Gold Corp. (TSE:MFG) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Mayfair Gold Corp. has announced promising drill results from the Fenn-Gib Footwall Zone, highlighting significant gold finds, such as 1.97 grams per tonne (g/t) of gold over 68.9 meters, including higher concentrations of 3.01 g/t over 12.5 meters. The Footwall Zone, adjacent to the main Fenn-Gib deposit, now extends over approximately 1 km, with mineralization open in all directions and confirmed to a depth of over 600 meters. The company’s ongoing drilling campaign, which continues to intersect high-grade gold mineralization, is expected to bolster the Fenn-Gib project’s open-pittable resources, with a maiden resource estimate on the Footwall Zone anticipated by mid-2024.
For further insights into TSE:MFG stock, check out TipRanks’ Stock Analysis page.