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Mayfair Gold Sets 2025 Goals for Fenn-Gib Project Advancement

Story Highlights
  • Mayfair Gold is advancing its Fenn-Gib project with a focus on completing a Pre-Feasibility Study.
  • The company aims to start Ontario permitting and ensure high environmental standards in its 2025 program.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mayfair Gold Sets 2025 Goals for Fenn-Gib Project Advancement

The latest announcement is out from Mayfair Gold ( (TSE:MFG) ).

Mayfair Gold Corp. has outlined its 2025 outlook for the Fenn-Gib Gold Project, focusing on completing a Pre-Feasibility Study and initiating the Ontario provincial permitting process. The advancement program includes metallurgical test work, environmental data review, community engagement, and site investigation to support the project’s development and ensure adherence to high environmental standards. The company aims to derisk the initial years of operations, optimize mine planning, and enhance operational predictability, which is crucial for early cash flow and debt repayment.

More about Mayfair Gold

Mayfair Gold Corp. is a mining company focused on advancing its 100%-owned Fenn-Gib gold project in the Timmins area of Northern Ontario. The company is engaged in the development of gold mining projects and aims to establish a significant presence in the gold mining industry through its strategic project advancements.

YTD Price Performance: 1.74%

Average Trading Volume: 73,358

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$183.6M

For detailed information about MFG stock, go to TipRanks’ Stock Analysis page.

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