Mr. Patrick Evans reports

MAYFAIR GOLD ANNOUNCES THE APPOINTMENT OF VICE PRESIDENT TECHNICAL SERVICES

Mayfair Gold Corp. has appointed Richard Klue to the position of vice-president, technical services. Mr. Klue has over 40 years of experience in the mining, minerals, and metals industry, and has held numerous senior leadership positions overseeing global engineering studies, projects and engineering programs. Most recently, Mr. Klue was vice-president, engineering and studies, at Hudbay Minerals Inc. Prior to that, he served as vice-president, technical services, at Copper Mountain Mining Corp., regional director of mining and metals at Hatch, and senior vice-president at Tetra Tech Wardrop.

Mayfair's president and chief executive officer, Patrick Evans, commented: "We welcome Richard to the Mayfair team. He brings a wealth of engineering study experience to Mayfair as he leads the team undertaking the prefeasibility study currently under way."

Mayfair Gold has granted Mr. Klue 100,000 incentive stock options under the company's long-term incentive plan at an exercise price of $2.54. The options vest over 12 months and are exercisable for a five-year term expiring on April 17, 2029.

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: NI 43-101 technical report on Fenn-Gib project, Ontario, Canada, prepared by Tim Maunula, PGeo, of T. Maunula & Associates Consulting Inc., dated April 6, 2023). Mr. Maunula 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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