Browsing Tag
Fenn-Gib Gold Project
2 posts
Mayfair Gold wins Ontario fast-track permitting status for Fenn-Gib as C$310m financing plans advance
Mayfair Gold has secured designation for its Fenn-Gib Gold Project under Ontario's coordinated mining permitting framework, potentially improving regulatory scheduling and supporting the company's construction plans. However, the designation does not grant mining approval or convert its proposed C$300 million debt package into committed financing.
Mayfair Gold lines up C$310m Macquarie financing pathway for Fenn-Gib
Mayfair Gold Corp. has secured a C$10 million strategic investment from Macquarie and a non-binding framework for C$300 million of project debt, potentially covering most of the initial capital needed for Ontario’s Fenn-Gib Gold Project.