Research analysts covering MFGCF.
Recent press releases and 8-K filings for MFGCF.
Mayfair Gold Corp. Lists on NYSE American
MFGCF
Delisting/Listing Issues
New Projects/Investments
- Mayfair Gold Corp. began trading on the NYSE American under the ticker symbol "MINE" on January 27, 2026.
- The company will continue to be listed on the TSX Venture Exchange as "MFG" and has ceased trading on the OTCQX market.
- This uplisting is intended to expand Mayfair Gold's U.S. shareholder base and enhance its U.S. capital markets exposure.
- The move follows the Pre-Feasibility Study for the Fenn-Gib gold project, announced on January 8, 2026, which outlines the potential for a new Canadian gold producer with an initial development capital of C$450 million.
- Mayfair Gold aims to start construction on the Fenn-Gib project in 2028, with initial production targeted for 2030.
Jan 28, 2026, 2:01 AM
Mayfair Gold Files Fenn-Gib Gold Project Technical Report and Announces Management Change
MFGCF
New Projects/Investments
Management Change
- Mayfair Gold Corp. has filed a NI 43-101 Technical Report and Pre-Feasibility Study for its Fenn-Gib Gold Project.
- The Fenn-Gib gold project's updated mineral resource estimate (effective September 3, 2024) includes an Indicated Resource of 4.3M ounces (181.3M tonnes at 0.74 g/t Au) and an Inferred Resource of 0.14M ounces (8.92M tonnes at 0.49 g/t Au).
- The company targets construction in 2028 and initial production in 2030 for the Fenn-Gib project.
- Richard Klue, VP Technical Services, is moving to semi-retirement as of January 14, 2026, but will continue to assist Mayfair Gold Corp. on an hourly basis.
Jan 16, 2026, 1:38 AM
Mayfair Gold Announces Robust Pre-Feasibility Study for Fenn-Gib Gold Project
MFGCF
New Projects/Investments
Guidance Update
- Mayfair Gold Corp. announced the results of its 2026 Pre-Feasibility Study (PFS) for the Fenn-Gib gold project, which projects a base case after-tax NPV(5%) of $652 million and an IRR of 24% at a US$3,100/oz gold price and a 1.35 C$/US$ exchange rate.
- The project has an estimated initial development capital cost of $450 million and a payback period of 2.7 years under the base case scenario.
- The PFS outlines an average annual gold production of 71,336 ounces over the first 6 years of operations at an All-in Sustaining Cost (AISC) of US$1,171/oz, with a total reserve life of 14.3 years producing 64,096 ounces annually at an AISC of US$1,292/oz.
- Mayfair plans to advance environmental approvals, Indigenous agreements, and engineering-design-procurement in parallel, targeting major construction within 24 to 36 months and commercial operation within five years.
Jan 8, 2026, 12:00 PM
Mayfair Gold Confirms Share Consolidation
MFGCF
Delisting/Listing Issues
- Mayfair Gold Corp. has completed a share consolidation at a ratio of two pre-consolidated shares to one post-consolidation share.
- The Company's common shares began trading on a post-consolidation basis on the TSX Venture Exchange on December 18, 2025.
- Following the consolidation, Mayfair Gold Corp. now has 66,797,608 common shares issued and outstanding.
- All outstanding warrants and incentive stock options have been adjusted, with their exercise price increased by a factor of two and the number of common shares issued upon exercise reduced by dividing by two.
Dec 18, 2025, 12:00 PM
Mayfair Gold Appoints New Vice President, Capital Markets
MFGCF
Management Change
Executive Compensation
New Projects/Investments
- Mayfair Gold Corp. appointed Mr. Zayem Lakhani as Vice President, Capital Markets, effective November 19, 2025.
- Mr. Lakhani holds 335,000 shares of Mayfair, and management and insiders have collectively acquired more than C$15 million of Mayfair equity in the past 12 months.
- The company granted 600,000 options, including 275,000 to Mr. Lakhani, effective November 20, 2025, with a strike price of $2.17 and a five-year expiry.
- Mayfair Gold is focused on its Fenn-Gib gold project in Ontario, Canada, which hosts a 4.3 million-ounce indicated NI 43-101 open pit constrained mineral resource estimate.
Nov 20, 2025, 10:23 PM
Mayfair Gold Reports Q3 2025 Financial and Operating Results
MFGCF
Earnings
New Projects/Investments
- Mayfair Gold Corp. reported a loss and comprehensive loss of $(2,241,177) for the quarter ended September 30, 2025, and $(6,169,868) for the nine months ended September 30, 2025.
- In Q3 2025, the company completed a $40 million LIFE Offering through the issuance of common shares, providing substantial funding to advance the Fenn-Gib gold project.
- As of September 30, 2025, Mayfair Gold held $41,814,681 in cash and cash equivalents and short-term investments, with total assets amounting to $56,748,042.
- The Pre-Feasibility Study (PFS) for the Fenn-Gib gold project remains on track for completion in Q4 2025, with formal Provincial permitting activities expected to commence at the start of 2026.
Nov 18, 2025, 3:03 AM
Mayfair Gold Provides Fenn-Gib Project Update
MFGCF
New Projects/Investments
Guidance Update
- Mayfair Gold Corp.'s Pre-Feasibility Study (PFS) for the Fenn-Gib Project is on track for completion in Q4 2025.
- The mine plan will prioritize near-surface high-grade zones within an open pit to maximize feed grade and optimize early-stage cash flow.
- A high-density drilling program of approximately 4,200 meters commenced on October 21, 2025, and is expected to continue through December 2025, to further delineate the high-grade starter zone.
- Phase 1 of the Tailing Storage Facility site investigation program is complete, with additional investigations planned for 2026.
- The company aims to advance the Fenn-Gib Project to production within the next three years, encouraged by the Canadian gold price currently above C$5,000 per ounce.
Nov 10, 2025, 12:00 PM
Mayfair Gold Files Updated Technical Report for Fenn-Gib Gold Project
MFGCF
New Projects/Investments
Guidance Update
- Mayfair Gold Corp. has filed an updated technical report for its Fenn-Gib Gold Project, with an effective date of September 3, 2024.
- The updated report increased the gold price assumption to US$ 2,000/oz Au (from US$ 1,765/oz Au), which lowered the cut-off grade from 0.4 g/t Au to 0.3 g/t Au.
- The project's updated mineral resource estimate includes an Indicated Resource of 181.3M tonnes containing 4.3M ounces at 0.74 g/t Au, and an Inferred Resource of 8.92M tonnes containing 0.14M ounces at 0.49 g/t Au.
- These results will support a pre-Feasibility Study that is currently underway and anticipated for release later in 2025.
Oct 14, 2025, 11:00 AM
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