Mr. Patrick Evans reports

MAYFAIR GOLD GRANTS INCENTIVE STOCK OPTIONS

Mayfair Gold Corp. has granted incentive stock options to certain directors, officers, employees and advisers of the company, pursuant to the company's long-term incentive plan. Options have been granted for an aggregate of 1,905,000 common shares in the capital of the company at an exercise price of $2.14. The options are exercisable for a five-year term expiring Nov. 14, 2028.

About Mayfair Gold Corp.

Mayfair Gold is a Canadian mineral exploration company focused on advancing the 100-per-cent-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 National Instrument 43-101 resource estimate with an effective date of April 6, 2023, of a total indicated resource of 113.69 million tonnes containing 3.38 million ounces at a grade of 0.93 gram per tonne (g/t) gold (Au) and an inferred resource of 5.72 million tonnes containing 160,000 ounces at a grade of 0.85 g/t Au at a 0.40 g/t Au cut-off grade. The Fenn-Gib deposit has a strike length of over 1.5 kilometres, with widths ranging over 500 m. The gold-mineralized zones remain open at depth and along strike to the east and west. Recently completed metallurgical tests confirm that the Fen-Gib deposit can deliver robust gold recoveries of up to 94 per cent.

We seek Safe Harbor.