MAYFAIR GOLD CORP.
For the period ended Mar 31, 2026. Filed May 14, 2026.
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Mar 31, 2026 · Filed May 14, 2026
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EX-99.2 · Exploration Program
Exploration Program
As of March 31, 2026, the Company has completed a total of 455 surface drill holes on the Fenn-Gib Project, representing 209,288 metres.
A summary of the Company’s drilling program for the Fenn-Gib Project is as follows:
| Holes | Metres | |
|---|---|---|
| North Block Surface DDH Drilling | # | m |
| 2021 Mayfair holes DDH | 90 | 54,937 |
| 2022 Mayfair holes DDH | 118 | 61,997 |
| 2023 Mayfair holes DDH | 89 | 54,976 |
| 2023 Geotech holes DDH | 7 | 3,230 |
| 2024 Mayfair holes DDH | 42 | 18,230 |
| 2025 Mayfair holes DDH | 59 | 4,282 |
| 2026 Mayfair holes DDH | 17 | 4,515 |
| 405 | 202,167 | |
| South Block Surface DDH Drilling | ||
| 2022 holes DDH | 18 | 3,457 |
| 2024 holes DDH | 15 | 3,664 |
| 33 | 7,121 | |
| Total Fenn-Gib Drilling | 455 | 209,288 |
In February 2026, the Company reported initial results from its 2025 Grade Control Drilling Program, which comprised 56 tightly spaced (10 m x 10 m) vertical diamond drill holes totaling approximately 4,204 metres within the core of the Phase 1 starter pit. These interim results, representing assays from 36 of the 56 completed holes, indicate a modest positive grade reconciliation relative to the 2026 Pre-Feasibility Study (“PFS”) block model and provide increased confidence in the near-surface grade distribution and ore geometry expected during the early years of mining. The program is designed to validate local grade variability, support improved ore-waste boundary definition, and inform dilution and ore-loss assumptions in advance of project financing and construction. These results were not incorporated into the 2026 PFS, and no conclusions regarding impacts to the mineral resource estimate or mine plan will be drawn until the remaining assays are received and QA/QC procedures are complete.
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