Mayfair Gold Corp. (“Mayfair”) announced receipt of their first environmental, social and governance (ESG) ratings report from Digbee today. Based on ESG achievements in the Company’s first year of operations at the Fenn-Gib gold project in the Timmins region of Northern Ontario, Mayfair achieved an overall rating of BB.
Patrick Evans, President and CEO, commented:
“Mayfair acquired the +2 million-ounce Fenn-Gib gold project at the end of 2020 and we’ve been public for less than a year. Last year was our first full year of operations. Despite our short history, ESG has been a central focus from day one and remains a key priority. We are proud of the maiden rating achieved under the Digbee assessment.”
Digbee’s report provides a comprehensive assessment of Mayfair’s achievements across a broad range of key ESG performance criteria. The report is especially valuable in highlighting opportunities for improvement in specific areas. As Mayfair strives for continuous improvement, a mid-year reassessment under Digbee will be undertaken.
Digbee CEO Jamie Strauss noted:
“Mayfair’s commitment to transparency in ESG reporting is commendable. Although a newly established company, Mayfair moved swiftly to highlight the importance of ESG practices across the organization and how this can not only mitigate risk in the short term but also provide operational improvements in the longer term. Digbee looks forward to its ongoing relationship with Mayfair Gold in its aspiration towards achieving industry-leading ESG standards.”
More about Mayfair
Mayfair is a Canadian mineral exploration company focused on advancing the 100% owned Fenn-Gib gold project in the Timmins region of Northern Ontario. The Fenn-Gib gold deposit is Mayfair’s flagship asset. An updated open-pit constrained NI 43-101 resource estimate (February 5, 2021) reported a total Indicated Resource of 70.2M tonnes containing 2.08M ounces at a grade of 0.921 g/t Au and an Inferred Resource of 3.8M tonnes containing 75,000 ounces at a grade of 0.618 g/t Au. The deposit has a strike length of approx. 1.25km with widths ranging up to 300m. The gold mineralized zones remain open at depth and along strike to the east and west.
More details on this news can be found in their press release.
Details of Mayfair’s Digbee rating can be found at Sustainability – Mayfair Gold.
Mayfair company and project details can be found on the Digbee database.
About Digbee ESG
Digbee ESG is an ESG disclosure platform for the mining industry. A future-looking, right-sized set of frameworks, aligned to the key global standards and accepted by leading stakeholders. It hugely simplifies ESG disclosure, rewards management for the action they take on the ground and in the boardroom, and fulfils the Board’s increasing obligation to ESG.
