MINE · Mayfair Gold Corp.

Mayfair Gold's Q1 2026 update demonstrates disciplined execution across multiple critical workstreams at the Fenn-Gib Gold Project, positioning the company for permitting and regulatory approvals ahead of a targeted 2028 construction decision. Key advancements include consolidating multi-year environmental baseline studies into technical packages supporting Ontario’s One Project One Process framework and Environmental Assessment. The Notification of Project Status submission marks formal progression toward production, with upcoming MEM feedback to refine strategy. Engaging Egis for the provincial EA and TBT for Highway 101 realignment addresses essential infrastructure and stakeholder requirements. Parallel site investigations, including geotechnical drilling, condemnation programs, and pump tests, de-risk engineering designs for the TSF, plant, and pit dewatering. FEED initiation with Ausenco refines the 4,800 tpd process plant design, integrating trade-off studies and third-party reviews toward detailed engineering in H2 2026. Upcoming metallurgical testing, MRE updates, power supply planning, and open pit geotechnical work further solidify technical foundations. The advertising agreement with Native Ads supports investor communications. Management emphasizes team expansion and schedule confidence, aligning with PFS economics for initial production in 2030.