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CEO Clips - Mayfair Gold: Transforming Resources and Doubling Market Cap
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September 29, 2023
Investing in Gold Stocks
The company acquired the Fenn-Gib deposit, containing 2 million ounces of resources in the Timmins area, and has conducted extensive drilling, increasing the resource to approximately 3.7 million ounces. They've made two significant discoveries: the high-grade Footwall zone adjacent to the deposit and the contact zone beneath it. The company's initial investment was $11 million, but their current market cap stands at $200 million, with plans to double it by achieving outlined milestones.
For more information on Mayfair Gold (TSX.V: MFG, OTC: MFGCF) please click the investor request info button.
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