Mayfair Gold shares start trading on NYSE
Advancing the Fenn-Gib Gold Project in Ontario
The most recent news (January 27, 2026) confirms that Mayfair Gold has successfully uplisted from the OTCQX to the NYSE American exchange, trading under the new ticker "MINE." This follows a strategic 2:1 share consolidation completed in December 2025, which was necessary to meet listing price requirements. CEO Nick Campbell characterizes this as a milestone to remove barriers for U.S. investors. This corporate move coincides with the delivery of a Pre-Feasibility Study (PFS) for the flagship Fenn-Gib project (January 8, 2026), which outlines a 14.3-year mine life with a maiden mineral reserve of 1.04 million ounces of gold.
The uplisting is a Material - Positive development for several reasons: - Liquidity and Access: Moving to the NYSE American significantly increases the pool of potential institutional and retail investors, particularly in the U.S., which is critical for a company facing a C$450 million initial capital expenditure. - Credibility: Successful completion of the listing process and the adoption of the "MINE" ticker signal a transition from a junior explorer to a serious developer. - Strategic Timing: The listing follows the January 2026 PFS, allowing the company to market a "robust" project economics case to a wider audience. - Technical Validation: The PFS results (After-tax NPV of C$652M) provide the fundamental backing for the uplisting; however, investors should note the NPV is highly sensitive to the gold price assumption of US$3,100/oz.
Mayfair Gold is focused on the 100%-controlled Fenn-Gib gold project in the Timmins gold district of Ontario, Canada. - Flagship Project: Fenn-Gib. - Resource/Reserve: Indicated Resource of 4.3 Moz gold (0.74 g/t); Maiden Probable Reserve of 1.04 Moz gold (contained within the higher-grade starter zone). - PFS Metrics: 4,800 tonnes per day (tpd) operation; 14.3-year mine life; AISC of US$1,171/oz (base case); Initial Capex C$450M. - Development Strategy: Targeting a smaller-scale, high-grade starter pit to minimize initial capital and accelerate the path to production (targeted for 2030).