Mr. Nicholas Campbell reports

MAYFAIR GOLD FILES TECHNICAL REPORT FOR FENN-GIB GOLD PROJECT

Mayfair Gold Corp. has filed a technical report prepared in accordance with National Instrument 43-101 (Standards of Disclosure for Mineral Projects) for the Fenn-Gib gold project located in the Timmins gold district in Northeastern Ontario. The report is titled "Fenn-Gib Project: NI 43-101 Technical Report and Pre-Feasibility Study." A copy of the technical report is available under the company's profile on SEDAR+.

This technical report was prepared by Ausenco Engineering Canada ULC.

Semi-retirement of vice-president, technical services

As of Jan. 14, 2026, Richard Klue having contributed to the preparation and completion of the Fenn-Gib prefeasibility study has decided to move toward semi-retirement and, rather than continuing in traditional full-time role, plans to remain active by assisting Mayfair Gold on an hourly basis, while also exploring non-executive board opportunities and other turnaround projects. Mayfair would like to thank Mr. Klue for his contributions and leadership in advancing the Fenn-Gib project to this stage as he moves into much deserved semi-retirement.

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 open-pit constrained mineral resource estimate with an effective date of Sept. 3, 2024, with a total indicated resource of 181.3 million tonnes containing 4.3 million ounces at a grade of 0.74 gram per tonne gold and an inferred resource of 8.92 million tonnes containing 140,000 ounces at a grade of 0.49 g/t Au at a 0.30 g/t Au cut-off grade.

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