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Mayfair Gold reported raising $3.49 Million in an initial SEC Form D filing, from an offering of $3.49 Million

PUBLIC · MINENov 15, 2023

Amount Raised

$3.49 Million

$3.49 Million sold, per SEC Form D (first sale Nov 2, 2023)

Round Type

Seed

MathesonMining

Who else raised in Mining around the same time

Companies in the same sectors as Mayfair Gold Corp that raised within 45 days of this round, from Fundz verified event records.

  • Myriad Uranium raised $14K (Pre-Seed) on December 15, 2023.
  • Terra Balcanica Resources Corp raised an undisclosed amount (Post-IPO Equity) on December 15, 2023.
  • Ares Strategic Mining raised $1M (Seed) on December 15, 2023.
  • Arctic Star Exploration Corp. raised $4K (Pre-Seed) on December 15, 2023.
  • Reflex Advanced Materials raised an undisclosed amount (Funding Round) on December 15, 2023.
  • EnviroMetal Technologies raised $65K (Seed) on December 15, 2023.

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Company Information

Company

Mayfair Gold Corp

Location

489 MACDOUGALL STREET

Matheson, Ontario, Canada

About

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 (Source: Tim Maunula, P. Geo., of T. Maunula & Associates Consulting Inc., who is deemed a qualified person as defined by NI 43-101). 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%.

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Mayfair Gold Corp raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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