Mr. Patrick Evans reports

MAYFAIR GOLD ACHIEVES "A" SCORING FROM DIGBEE ESG

Mayfair Gold Corp. has published the company's third annual environmental, social and governance (ESG) report from Digbee ESG, a leading independent ESG assessment platform for the mining industry.

In Digbee's latest assessment, Mayfair achieved an overall ESG score of A from Digbee's independent panel of qualified mining ESG experts, which reviewed the company's performance against rigorous and standardized scoring criteria.

Patrick Evans, Mayfair's president and chief executive officer, noted: "Excellence in ESG has been integral to Mayfair's strategy from day one, following our acquisition of the Fenn-Gib gold project three years ago. In that time, we have sought continuous improvement in our ESG performance and are pleased to have now achieved an A scoring against our BB score last year. We extend our appreciation to our employees, consultants and board of directors for their strong support as we strive for excellence in areas such as health and safety, environmental stewardship, community engagement, and corporate governance."

Jamie Strauss, founder and chief executive officer of Digbee, commented: "Mayfair's commitment to transparency in ESG performance and disclosure is a credit to the company. The company has shown steady improvement over the past three years and is now well supported to lead the narrative with its consultants to develop a sustainable mine for the modern supply chain. Digbee has identified areas for further improvement which the company has indicated it is keen to focus on."

Details of Mayfair's 2023 ESG report can be found on Mayfair's website and on Digbee's website.

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, with a total indicated resource of 113.69 million tonnes containing 3.38 million ounces at a grade of 0.93 gram per tonne gold and an inferred resource of 5.72 million tonnes containing 160,000 ounces at a grade of 0.85 gram per tonne gold at a 0.40-gram-per-tonne-gold cut-off grade (source: Tim Maunula, PGeo, 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 1.5 kilometres, with widths ranging over 500 metres. 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 per cent.

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