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Mayfair Gold reports Q1 2026 results and advances Fenn-Gib gold project towards 2028 construction start.

Company Fundamentals
13 May 2026
PRNewsWire
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Bullish
pluang ai news

Mayfair Gold Corp. released its operating and financial results for Q1 2026, highlighting progress on the Fenn-Gib gold project in Northern Ontario. The 2026 Pre-Feasibility Study shows potential for a C$450 million initial investment, a 2.7-year payback period, and US$896 million free cash flow over six years at a gold price of US$3,100/oz. The company is moving forward with permitting, engineering, and stakeholder engagement, aiming to start construction in 2028 and begin production by 2030. These developments position Mayfair Gold to become a new Canadian gold producer pending successful project execution.

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