Mayfair Gold Corp.[MFG-TSXV; MFGCF-OTCQB] reported additional drill arises from the Fenn-Gib Expansion Zone. The 100%- owned Fenn-Gib deposit, situated in the Timmins area of northeast Ontario, hosts a pit-constrained Indicated Resource of 2.08 M ounces with shared gold mineralization striking east-west on the Pipestone Fault over 1.25 km and approximately 300 metres large at the west end.
The Fenn-Gib Expansion Zone lies listed below the shallow main area of the existing conceptual open pit. The drill results reported listed below belong to the totally moneyed, continuous 80,000- metre drill program. Resource infill and growth drilling is being supported by 3 drill rigs, and 78 holes have actually been finished for 50,145 metres.
Patrick Evans, President and CEO, commented: “Our 2021 drill project continues to provide exceptional outcomes with gold mineralization in every hole. We are happy that we have actually now reached the Fenn-Gib 50,000- metre Phase 1 infill and growth drill program turning point earlier than arranged. We eagerly anticipate continued favorable arise from the broadened 30,000- metre Phase 2 drill program, which we anticipate to finish 2nd quarter 2022.”
Evans included: “We are especially delighted to begin our local expedition program on both the Fenn-Gib North and South Blocks in early January. A 4th drill rig will be activated in mid-January for a 7,000- metre North Block drill program beginning at the top priority Horseshoe target on the Pipestone Fault roughly 1 km northwest of the Fenn-Gib deposit. Line cutting and ground geophysics will start in early January on the South Block, followed by a maiden 3,000- metre drill program.”
The infill and growth drill program within and listed below the present conceptual open pit is created to recognize extra mineralization in assistance of Mayfair’s target to grow the Fenn-Gib deposit to more than 3 million ounces.
The Fenn-Gib Expansion Zone drilling is targeting the shallow main area listed below the existing conceptual open pit. Emphasizes of the recently reported mineralized periods consist of drill hole FG21-159 that converged 4.95 g/t gold over 7.40 metres and 0.62 g/t gold over 48.3 metres, consisting of 1.06 g/t gold over 21.0 metres. Hole FG21-167 converged 0.43 g/t gold over 86.3 metres, consisting of 2.05 g/t gold over 2.8 metrres. Hole FG21-171 converged 1.10 g/t gold over 11.0 metres and 16.06 g/t gold over 2.0 metres and 0.85 g/t gold over 114.1 metres, consisting of 1.22 g/t gold over 65.9 metres.
Hole FG21-175 returned 0.59 g/t gold over 85.5 metres, consisting of 1.69 g/t gold over 15.1 metres. Hole FG21-177 converged 1.58 g/t gold over 26.5 metres and 0.81 g/t gold over 61.9 metres.
The most current drill results continue to converge considerable gold mineralization structure on the formerly reported Expansion Zone results.
The freshly reported Fenn-Gib drill hole FG21-147 b was collared within and near the west side of the conceptual open pit wall converging within the open pit 0.33 g/t gold over 28.0 metres, and 0.98 g/t gold over 30.5 metres and 0.44 g/t gold over 59.0 metres, and converging beyond the open pit 0.90 g/t gold over 57.0 metres and 0.89 g/t gold over 14.0 metres.