Mayfair Gold Corp. Form 6-K Filing Summary

Mayfair Gold Corp. has submitted a Form 6-K report detailing their Q1 2026 progress on the Fenn-Gib Gold Project in Northern Ontario. Key advancements include the compilation of environmental baseline studies, submission of the Notification of Project Status, and the awarding of the Environmental Assessment mandate to Egis Canada Ltd. Work has also commenced on the Highway 101 realignment environmental assessment. Site investigations and drilling programs have progressed, including geotechnical fieldwork and condemnation drilling. Furthermore, Mayfair Gold has initiated Front-End Engineering and Design (FEED) with Ausenco for the processing facility. Future plans involve metallurgical testing, advancing the Mineral Resource Estimate drilling program, ongoing site investigations, defining the power supply solution, and commencing open pit geotechnical drilling. The company also announced a 12-month digital advertising campaign with Native Ads Inc. for US$172,000. The Fenn-Gib Project is projected to require C$450 million in initial development capital, with a base case payback period of 2.7 years and cumulative free cash flow of $896 million over the first six years of production.