STOCK TITAN

MAYFAIR GOLD CORP - MFGCF STOCK NEWS

Welcome to our dedicated page for MAYFAIR GOLD news (Ticker: MFGCF), a resource for investors and traders seeking the latest updates and insights on MAYFAIR GOLD stock.

Mayfair Gold is a Canadian mineral exploration company with a focus on the Fenn-Gib gold project in Northern Ontario. The flagship asset boasts a significant NI 43-101 resource estimate, demonstrating potential for robust gold recoveries. The Fenn-Gib deposit remains open for further expansion and exploration, making Mayfair Gold an exciting player in the mining industry.

Rhea-AI Summary
Mayfair Gold Corp. reports positive drill results at the Footwall Zone with significant gold grades, extending the mineralization structure to approximately 1km. The company's Fenn-Gib Project in Northeast Ontario shows promising potential for gold resources.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.36%
Tags
none
-
Rhea-AI Summary
Mayfair Gold Corp. responds to Muddy Waters Capital 's letter to shareholders, reiterating commitment to governance and value creation. Mayfair reviews the requisition for a meeting to reconstitute the Board, refuting misleading claims by Muddy Waters. Shareholders are advised to take no action for now.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.92%
Tags
none
-
Rhea-AI Summary
Mayfair Gold Corp. receives a shareholder meeting requisition notice from MWCGOF SPV III LP, controlled by Muddy Waters Capital The Requisitioning Shareholder seeks to remove all directors, fix the number of directors, and elect four director nominees. Mayfair is reviewing the Requisition with its advisors and will respond accordingly. Mayfair's President expresses gratitude for shareholder support and emphasizes the importance of constructive dialogue.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.59%
Tags
none
Rhea-AI Summary
Mayfair Gold Corp. initiates the 2024 environmental field program for the Fenn-Gib project in Ontario. The program aims to support a potential environmental assessment and future permitting. Reports on the program's results are expected in Q1 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.59%
Tags
none
-
Rhea-AI Summary
Mayfair Gold Corp. announces the advancement of the Fenn-Gib gold project in Ontario to the pre-feasibility study phase. The Company has engaged AGP Mining Consultants for this phase, expecting positive results to enhance project viability. Mayfair also sees the resignation of Mr. Sean Pi from the Board of Directors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.29%
Tags
none
-
Rhea-AI Summary
Mayfair Gold Corp. responds to Muddy Waters Capital 's intention to reconstitute the Board of Directors at the upcoming AGM. Mayfair emphasizes its commitment to good governance, value creation, and a proactive Recruitment Process for board nominees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.06%
Tags
management
Rhea-AI Summary
Mayfair Gold Corp. achieved an 'A' ESG score from Digbee's independent panel, showing improvement from the previous year. The company's commitment to transparency in ESG performance and disclosure has been commended. Mayfair's president and CEO emphasized the importance of ESG in the company's strategy and expressed gratitude to employees, consultants, and the Board of Directors for their support. The report highlights the company's focus on areas such as health and safety, environmental stewardship, community engagement, and corporate governance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.43%
Tags
none
-
Rhea-AI Summary
Mayfair Gold Corp. has been named to the 2024 OTCQX Best 50, a ranking of top performing companies traded on the OTCQX Best Market in the United States. The ranking is based on one-year total return and average daily dollar volume growth in the previous calendar year. Mayfair Gold President and CEO Patrick Evans expressed gratitude for the recognition and highlighted significant progress at Mayfair’s Fenn-Gib Gold Project in Ontario, Canada. The company met high financial standards, best practice corporate governance, and compliance with applicable securities laws to qualify for the OTCQX market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
Tags
none
-
Rhea-AI Summary
Mayfair Gold Corp. (MFG) reports promising results from the higher-grade Footwall Zone, including 27.60 g/t Au over 2.1m and 16.47 g/t Au over 2.3m. The Fenn-Gib Project hosts a 3.38M oz gold deposit, with mineralization outside the current pit-constrained area and multiple parallel mineralized structures intersected.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
Tags
none
Rhea-AI Summary
Mayfair Gold Corp. (MFG) completes geotechnical study at pre-feasibility level for Fenn-Gib Project in Ontario, indicating a 560-meter pit depth at 45-degree slope angle.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none

FAQ

What is the current stock price of MAYFAIR GOLD (MFGCF)?

The current stock price of MAYFAIR GOLD (MFGCF) is $1.414 as of October 11, 2024.

What is the market cap of MAYFAIR GOLD (MFGCF)?

The market cap of MAYFAIR GOLD (MFGCF) is approximately 161.3M.

What is Mayfair Gold focused on?

Mayfair Gold is a Canadian mineral exploration company with a focus on advancing the Fenn-Gib gold project in Northern Ontario.

What is the flagship asset of Mayfair Gold?

The flagship asset of Mayfair Gold is the Fenn-Gib deposit, which hosts a significant NI 43-101 resource estimate.

What makes the Fenn-Gib deposit notable?

The Fenn-Gib deposit showcases potential for robust gold recoveries and remains open for further exploration.

Who is the qualified person for the NI 43-101 report?

The qualified person for the NI 43-101 report on the Fenn-Gib project is Tim Maunula, P. Geo.

How can Mayfair Gold deliver gold recoveries?

Mayfair Gold has completed metallurgical tests confirming the potential for robust gold recoveries of up to 94% at the Fenn-Gib deposit.

What are the contact details for Patrick Evans, President and CEO of Mayfair Gold?

Patrick Evans can be contacted at phone: (480) 747-3032 and email: patrick@mayfairgold.ca.

Who can shareholders contact for questions regarding the upcoming Meeting?

Shareholders can contact Alliance Advisors, LLC at 844-858-7380 or email at Mayfair@allianceadvisors.com for queries regarding the Meeting.

What is the focus of Mayfair Gold in the mining industry?

Mayfair Gold aims to explore and expand the Fenn-Gib deposit, showcasing potential for significant gold discoveries in Northern Ontario.

What is the strike length of the Fenn-Gib deposit?

The Fenn-Gib deposit boasts a strike length of over 1.5km with widths ranging over 500m.

What are the main features of the Fenn-Gib gold project?

The Fenn-Gib gold project hosts an updated NI 43-101 resource estimate with a total Indicated Resource of 113.69M tonnes containing 3.38M ounces at a grade of 0.93 g/t Au.

MAYFAIR GOLD CORP

OTC:MFGCF

MFGCF Rankings

MFGCF Stock Data

161.28M
69.29M
16.72%
14.97%
Gold
Basic Materials
Link
United States of America
Matheson