Mayfair Gold Corp. announced further results from the higher-grade Footwall Zone located between 100 and 200 meters (m) to the north of the Fenn-Gib gold deposit. Mayfair's 100% controlled Fenn-Gib Project, located in the Timmins region of Northeast Ontario, hosts the NI 43-101 Indicated Resource of 2.08M ounce Fenn-Gib deposit with disseminated gold mineralization striking east-west on the Pipestone Fault over 1.25 kilometers (km) and up to 300m wide towards the west end.

Highlight reported drill results include: FG21-188 intersected 25.93 grams/tonne (g/t) gold (Au) over 1.5m, 1.37 g/t Au over 25.5m including 5.4 g/t Au over 5.0m; FG21-203 intersected 2.70 g/t Au over 15.0m, including 4.04 g/t Au over 9.0m, including 7.18 g/t Au over 4.0m; FG21-215 intersected 2.88 g/t Au over 49.0m, including 6.53 g/t Au over 17.5m; and FG22-218 intersected 0.71 g/t Au over 92.0m, including 2.15 g/t Au over 10.0m. A lower zone returned 2.40 g/t Au over 47.0m, including 3.83 g/t Au over 4.7m and 5.26 g/t Au over 6.6m and 6.78 g/t Au over 7.0m. Previous limited drilling by Lake Shore Gold identified gold mineralization within the footwall mafic volcanics immediately to the north of the Fenn-Gib deposit in drill holes FG11-04 (3.54 g/t Au over 10.0m), FG11-05 (3.62 g/t Au over 59.0m), FG11-07 (4.03 g/t Au over 3.0m) and FG11- 08 (2.24 g/t Au over 39.4m).

No further drilling took place prior to Mayfair's acquisition of Fenn- Gib at the end of 2020. Ongoing drilling continues to intersect significant gold mineralization, building on Mayfair's previously reported Footwall Zone drill results. Hole FG21-139 intersected 1.94 g/t Au over 38.0m, including 4.06 g/t Au over 15.0m (news release June 01, 2021).

Hole FG21-166 intersected 1.42 g/t Au over 66.0m, including 3.4 g/t Au over 19.2m, including 6.20 g/t Au over 9.2m. A lower zone in hole FG21-166 returned 1.02 g/t Au over 34.0m, including 11.49 g/t Au over 1.0m. Hole FG21-170 intersected 37.51 g/t Au over 2.6m and 59.05 g/t over 1.0m.

Hole FG21-186 intersected 2.31 g/t Au over 30.0m, including 6.58 g/t Au over 7.0m, and hole FG21- 195 intersected 1.28 g/t Au over 28.0m, including 1.74 g/t Au over 16.0m. The Footwall Zone target consists of multiple mineralized zones hosted primarily in the footwall mafic volcanic assemblage within the generally east-west trending Pipestone Fault mineralized corridor. Mineralization consists of bleached, buff-altered (silica-albite-carbonate alteration) pillowed mafic volcanic with pyrite ranging from 2% to over 20%.

Additional drill results from the infill, expansion and step-out drill program will be announced as soon as they are received.