A hard-charging Vancouver junior miner, aiming to develop a mine outside Matheson, reported a 47 per cent jump in the indicated gold estimate at its Fenn-Gib deposit.
In an announcement this week, Mayfair Gold said the gold zones at Fenn-Gib continues to expand and now contains an indicated mineral resource estimate of 3.06 million ounces of gold and an inferred mineral resource of 310,000 ounces.
The difference between measured, indicated and inferred resources is the degree of confidence in the amount of minerals in the ground with measured being the highest and inferred being the lowest.
