MAYFAIR GOLD CORP.

Cautionary Note Regarding Forward-Looking Information

This news release contains certain forward-looking information within the meaning of applicable Canadian securities legislation and forward-looking statements within the meaning of applicable United States securities legislation (collectively, “forward-looking information”). The use of words such as “will”, “expected”, “planned”, “intended”, “potential”, “support”, “advance”, “de-risk”, “target”, “continue”, “may”, “could” and similar expressions is intended to identify forward-looking information. Forward-looking information in this news release includes, but is not limited to, statements relating to the advancement and de-risking of the Fenn-Gib Project; engineering, design, procurement, geotechnical, environmental, permitting, infrastructure, powerline, access, exploration, lease conversion, stakeholder engagement, Indigenous engagement and capital markets activities; potential optimization of the process plant, crushing, grinding and flotation circuits; potential reductions in capital intensity; contractor engagement and construction planning; future regulatory submissions and approvals; future geochemical, hydrological, aquatic, terrestrial and environmental studies; future survey work; evaluation of condemnation drilling results; potential processing of higher-grade ore earlier in the mine sequence; exploration plans and potential; project financing initiatives; the expected strategy to develop the Project under the provincial permitting process; targeting the higher-grade one million ounce mineral reserve; building and operating the Fenn-Gib Project; and all disclosure related to the PFS, including expected commencement of construction and production. Although Mayfair Gold believes that the expectations reflected in such forward-looking information are reasonable, readers are cautioned that actual results may vary from the forward-looking information. The Company has based the forward-looking information on the Company’s current expectations and assumptions about future events. This information also involves known and unknown risks, uncertainties, and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information, including the risks, uncertainties, and other factors identified in the annual information form and Form 40-F of the Company for the year ended December 31, 2025, available under the Company's profiles on SEDAR+ atwww.sedarplus.ca and EDGAR atwww.sec.gov, respectively. Furthermore, the forward-looking information contained in this news release is as at the date of this news release, and Mayfair does not undertake any obligation to publicly update or revise any of this forward-looking information except as may be required by applicable securities laws.

Neither the TSX Venture Exchange (“TSXV”) nor its Regulation Services Provider (as that term is defined in the policies* of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.*

For further information, please visitwww.mayfairgold.ca or direct enquiries to:

Drew Anwyll, P.Eng.

CEO, Mayfair Gold Corp.

489 McDougall St

Matheson, ON P0K 1N0 Canada

+1 (855) 350-5600

info@mayfairgold.ca