Mayfair Gold appoints former COO as CEO, supporting next phase of Fenn-Gib project development.
Leadership Changes
May 4, 2026
Table of Contents
May 4, 2026
Mayfair Gold Corp. (TSXV: MFG, NYSE: MINE) appointed Drew Anwyll as chief executive officer, effective immediately, as the company moves its Fenn-Gib Gold Project toward permitting, engineering, and planned development.
Mayfair Gold is a Canadian development-stage gold company focused on advancing the Fenn-Gib Project in Northern Ontario.
Nick Campbell, the company’s current CEO, will step down and depart the company. Anwyll previously served as Mayfair’s chief operating officer and led work on the 2026 Pre-Feasibility Study and Front-End Engineering and Design for Fenn-Gib.
This is not framed as a distress-driven CEO departure. The company positioned the transition as a move from strategy-building to project execution.
Mayfair said Anwyll’s background as a mining engineer and operator makes him suited to guide Fenn-Gib through permitting, stakeholder engagement, construction planning, and eventual production.
Anwyll has more than 30 years of experience in mine development, construction, and operations.
His background includes senior roles at Generation Mining and Detour Gold, where he worked on large-scale mining projects in Ontario and helped navigate permitting, environmental review, construction, and operational ramp-up processes.
That experience matters because Mayfair is attempting to move Fenn-Gib from development stage toward construction and production.
Mayfair said the Fenn-Gib project is moving into the approvals phase and remains focused on an accelerated path toward production.
The company said its 2026 Pre-Feasibility Study outlines initial development capital of C$450 million, a base-case payback period of 2.7 years, and cumulative free cash flow of US$896 million over the first six years of production, based on a US$3,100 per ounce gold price.
Investors are likely to watch whether the leadership change helps Mayfair move faster through project development milestones.
The key areas are:
CEO changes at development-stage mining companies are often about execution risk.
Mayfair’s transition puts an operator with mine-building experience in charge as the company moves from project promotion to permitting and development. That can be constructive if it improves execution discipline, but the real test will be whether Fenn-Gib advances on schedule and secures the capital needed for construction.
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