Mayfair Gold (TSX-V:MFG) has appointed Drew Anwyll as the company’s new CEO, effective immediately, following Nick Campbell stepping down.
Previously the company’s COO, Anywell is a seasoned mining executive and professional engineer with more than 20 years of experience in the development, construction, and operation of large-scale gold assets across Canada and internationally.
His career is defined by his ability to bridge the gap between technical feasibility and operational reality, particularly within the Ontario mining jurisdictions.
Anwyll says the company is advancing with the Fenn-Gib Project’s designs and moving into the approvals phase with momentum and a team built to deliver.
“Our focus is to move Fenn-Gib toward production on an accelerated path, with discipline,” he says.
“I look forward to stepping into this role and am committed to further strengthening relationships with indigenous partners, local communities, government agencies, and all stakeholders as we advance together.”
Campbell adds that his role at Mayfair Gold was to help shape the strategy with the board and bring the team together to execute on that vision.
“That foundation is now firmly in place. The team Drew has assembled stands out in any project development organisation,” the outgoing CEO notes.
As CEO, Anwyll is focused on executing a disciplined transition from exploration to production. His strategy integrated technical design elements with a modern permitting framework, ensuring that Mayfair advances the Fenn-Gib Project efficiently within the Timmins mining camp.
Mayfair Gold is a Canadian developer focused on advancing its wholly owned Fenn-Gib Project in Northern Ontario. The project has an initial development capital of C$450 million ($459.6 million), a base-case payback period of 2.7 years and a cumulative free cashflow of US$896 million over the first six years of production based on a US$3,100 per ounce gold price.
Permitting activities are advancing at Fenn-Gib, with detailed engineering and stakeholder engagement taking place. The company aims to start construction in 2028, with initial production in 2030.
Write to Aaliyah Rogan at Mining.com.au
Images: Mayfair Gold
