Drew Anwyll

Drew Anwyll: This Gold Mine Could Generate $1.4 BILLION in Free Cash Flow

• Top takeaway Anwyll is a self-described gold bull who frames the macro as supportive — 'the world's not getting any simpler,' with US debt and deficits ballooning — and argues a higher gold price will re-rate Mayfair once it is producing cash.
• He deliberately kept Fenn-Gib below Canada's federal threshold to use Ontario's new 1P1 permitting stream, applying with three years of baseline environmental data and frozen engineering; he expects that to cut timelines to ~18 months to 2 years versus 3-4 historically, and argues a federal EA on a larger project can run 3-5 to 8 years.
• He treats First Nations Abitibi and Ishibek as partners rather than stakeholders given Section 35 rights, and says he will not rush an agreement (likely Q4 2026 / Q1 2027); First Nations trust is also framed as a precondition for any later expansion to the full ~4.3M oz resource.
• On funding, Anwyll prefers ~$300M of debt versus more equity to limit dilution, citing the project's short payback and 'respectable' operating costs (ASIC just over $1,200/oz in the first six years; PFS modeled at $3,100/oz gold versus ~$4,400-$4,450 spot at the time of the interview).
• He acknowledges construction as the riskiest 'no man's land' of the Lausanne curve but expects a fundamental re-rating once Mayfair is producing; he has added chief projects officer Desmond Tranquilla, and credits the team — plus modular construction — with de-risking execution.

Anwyll projects roughly $1.4B of free cash flow from Fenn-Gib's first six years, driven by near-surface high-grade ore at current gold prices. Ontario's new One Project, One Process framework could halve the typical 3-4 year permit timeline — Mayfair has applied. Anwyll targets roughly $300M of debt against an estimated $450M initial capex, with a 2028 construction decision on the line. First Nations partnership with Abitibi and Ishibek is a Section 35 permitting prerequisite, not a stakeholder checkbox. Beyond the planned first mine, Mayfair positions itself as a multi-mine operator, with a south block pipeline along the Porcupine-Dester fault.

Mayfair Gold’s Timmins Advantage

• Top takeaway Drew Anwyll argues the Fenn-Gib project's location near Timmins is a major practical advantage, ranking it among the best places he has worked across three stints outside the Timmins camp.
• He emphasizes the deep local mining labor pool — Timmins under an hour away, plus Cochrane and Kirkland Lake — and mining-literate government agencies as key strengths.
• He stresses strong community support, saying Matheson's mayor and CAO actively want to help bring the mine into production.
• He points to ready-made infrastructure — a highway across the property and power within 17 kilometers — as a foundation for moving toward production.

Mayfair Gold argues its Fenn-Gibb project's location beside the Timmins mining camp gives it experienced regulators, labour and local support. Skilled mining labour sits less than an hour away in Timmins, with additional workers available in Cochrane, Matheson and Kirkland Lake. Highway access across the property and power within 17 kilometres reduce the practical cost of advancing Fenn-Gibb toward production. CEO Drew Anwyll says Mayfair wants to work with neighbour McEwen so both adjacent operations can succeed.

Mayfair Gold’s Huge Upside & Perfect Timing

Mayfair Gold is advancing its Fenn-Gib gold project in Ontario's Timmins region from exploration toward production, focusing on execution during a favorable gold market. CEO Drew Anwyll argues that the project offers significant leverage to higher gold prices due to its large resource base and current market valuation. The company is actively navigating permitting, engineering, and financing milestones, which Anwyll views as key catalysts for creating shareholder value.

Post-Forum Interview: Drew Anwyll of Mayfair Gold Corp. with Robert Sinn (May Metals Investor Forum)

Mayfair Gold's Fenn-Gib project in Ontario shows strong economics with a $652M after-tax NPV (Net Present Value — the present value of future cash flows) and a 2.7-year payback period. The 4.3 million-ounce gold project targets average annual production of roughly 64,000 ounces over a 14.3-year mine life. Drew Anwyll emphasizes using existing infrastructure in the Timmins gold district to advance the project toward production with capital discipline.

Drew Anwyll of Mayfair Gold Corp. presents at Metals Investor Forum in Vancouver | May 2026

Drew Anwyll, CEO of Mayfair Gold Corp., presents the company's investment thesis at the Metals Investor Forum in Vancouver. The forum highlights companies vetted by newsletter writers for having excellent management, strong financials, and promising properties. Investors gain exclusive access to assess junior mining management teams through direct, face-to-face Q&A interaction.

Drew Anwyll of Mayfair Gold Corp. presents at Metals Investor Forum in Vancouver | May 2026

Drew Anwyll, COO of Mayfair Gold Corp., presents a corporate update at the Metals Investor Forum in Vancouver. The presentation highlights the company's promising properties, financials, and management team for potential investors. The forum provides investors a unique opportunity to directly assess junior mining management teams face-to-face.