MATHESON, ON, June 20,
2024 /CNW/ - Mayfair Gold Corp. (TSXV: MFG) (OTCQB:
MFGCF) ("Mayfair" or the "Company") is pleased to
announce that Ms. Christine Hsieh
and Mr. Zach Allwright have been
appointed as directors of the Company effective June 20, 2024.
About Christine Hsieh
Christine Hsieh is an
international commercial lawyer with 25 years of global practice
experience, including 13 years focusing on resources. Ms. Hsieh is
currently the Group General Counsel for Promethiem AG. Previously
Ms. Hsieh was the Executive Director – M&A of Eurasian
Resources Group where she dealt with legal matters related to
mining and infrastructure projects. Additionally, she served as
Legal Counsel at Glencore International AG and gained early career
experience at various law firms, specializing in the global energy
and resources sector. She holds a Bachelor of Arts in Economics
from the University of California,
Berkeley and a law degree from Georgetown University.
About Zach Allwright
Zach Allwright is a skilled
mining professional with 15 years of diversified international
experience, specializing in asset optimization and technical
evaluations. Mr. Allwright currently serves as the Vice President -
Projects and Evaluations for Faraday Copper (Lundin Group company)
focused on advancing the Copper Creek project (Arizona) which is one of the largest
undeveloped copper projects in North
America. In his prior role as Director, North America for Mining Plus Consulting (part
of the Byrnecut Group), he successfully delivered an extensive
range of technical studies and asset evaluations in team
environments. Notable engagements include the delivery of technical
advisory to GT Gold (supporting the subsequent acquisition by
Newmont in May 2021); facilitating
the mining technical due diligence for Goldcorp culminating in the
Newmont/Goldcorp merger in April
2019; leading the transformation of Lac Des Iles mine through the implementation
of sub-level caving 2015-2018; and the delivery of various mass
mining technical studies for Newcrest. Mr. Allwright (P.Eng) holds
a Mining Engineering degree from the Western Australian School of
Mines and an MBA from Curtin Graduate School of Business.
Director Resignations
Mayfair also announces that Mr. Anthony
Jew has tendered his resignation as a director of the
Company effective June 20, 2024. In
light of the restrictions imposed by corporate law and the
Company's articles on the number of additional directors that can
be appointed between shareholder meetings, Mr. Freddy Brick has also tendered his resignation
as a director effective June 20,
2024, in order to permit the Company to further enhance the
Board by adding the deep mining experience and expertise brought by
Ms. Hsieh and Mr. Allwright.
"We are pleased to welcome Ms. Hsieh and Mr. Allwright as
valuable additions to the Board and thank Mr. Jew and Mr. Brick for
their services," said Darren McLean,
Chair of the Board and Interim CEO and President.
About Mayfair
Mayfair
Gold is a Canadian mineral exploration company focused on
advancing the 100% controlled Fenn-Gib gold project in the
Timmins region of Northern Ontario. The Fenn-Gib gold deposit is
Mayfair's flagship asset and currently hosts an updated NI 43-101
resource estimate with an effective date of April 6, 2023 with a total Indicated Resource of
113.69M tonnes containing
3.38M ounces at a grade of 0.93 g/t
Au and an Inferred Resource of 5.72M
tonnes containing 0.16M ounces at a
grade of 0.85 g/t Au at a 0.40 g/t Au cut-off grade. The Fenn-Gib
deposit has a strike length of over 1.5km with widths ranging over
500m. The gold mineralized zones
remain open at depth and along strike to the east and west.
Recently completed metallurgical tests confirm that the Fenn-Gib
deposit can deliver robust gold recoveries of up to 94%.
SOURCE Mayfair Gold Corp.