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Mayfair Gold Corp. announced its 100%-owned Fenn-Gib Gold Project was designated under Ontario’s “One Project, One Process” framework. Permits for a construction decision are expected as early as 2028, with commercial operations potentially beginning as early as 2030.
Mayfair Gold Corp.'s Fenn-Gib Gold Project was selected for Ontario's "One Project, One Process" framework, which is expected to streamline permitting and provide more predictable timelines. Mayfair expects permits for a construction decision as early as 2028 and initial production in 2030.
Mayfair Gold Corp. completed a strategic investment with Macquarie Bank Limited, which acquired 2,346,701 common shares at C$4.26 per Share for gross proceeds of approximately C$10,000,000. Mayfair expects to use the proceeds to advance the Fenn-Gib gold project in Ontario.
Mayfair Gold Corp. appointed Daniel Janusauskas as Vice President, Technical Services, effective November 1, 2026, to lead technical services for the Fenn-Gib Gold Project.
Mayfair Gold Corp. entered agreements with Macquarie Bank Limited for a C$10 million equity investment and non-binding C$300 million project finance facility, forming a package of up to C$310 million for Fenn-Gib development.
Mayfair Gold Corp. entered a C$10 million subscription agreement with Macquarie Bank Limited and a non-binding term sheet for a proposed C$300 million project finance facility, totaling up to C$310 million for Fenn-Gib.
