SCHEDULE 13G

CUSIP Number(s):

57808L305

1

Names of Reporting Persons

Oaktree Value Opportunities Fund, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CAYMAN ISLANDS

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 3,210,987.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 3,210,987.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

3,210,987.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

11

Percent of class represented by amount in row (9)

4.78 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: The reported percentage is calculated based on 67,138,496 common shares ("Common Shares") outstanding as of June 30, 2026, as reported in Exhibit 99.1 to the Issuer's 6-K filed with the SEC on August 12, 2026.

SCHEDULE 13G

CUSIP Number(s):

57808L305

1

Names of Reporting Persons

Oaktree London Liquid Value Opportunities Fund (VOF), L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,400,707.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,400,707.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,400,707.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

11

Percent of class represented by amount in row (9)

2.09 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: The reported percentage is calculated based on 67,138,496 Common Shares outstanding as of June 30, 2026, as reported in Exhibit 99.1 to the Issuer's 6-K filed with the SEC on August 12, 2026.

SCHEDULE 13G

CUSIP Number(s):

57808L305

1

Names of Reporting Persons

Oaktree Capital Management, L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 5,500,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 5,500,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,500,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

11

Percent of class represented by amount in row (9)

8.19 %

12

Type of Reporting Person (See Instructions)

PN

Comment for Type of Reporting Person: The reported percentage is calculated based on 67,138,496 Common Shares outstanding as of June 30, 2026, as reported in Exhibit 99.1 to the Issuer's 6-K filed with the SEC on August 12, 2026.

SCHEDULE 13G

CUSIP Number(s):

57808L305

1

Names of Reporting Persons

Oaktree Capital Holdings, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)

(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 5,500,000.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 5,500,000.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

5,500,000.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

Checkbox not checked

11

Percent of class represented by amount in row (9)

8.19 %

12

Type of Reporting Person (See Instructions)

OO

Comment for Type of Reporting Person: The reported percentage is calculated based on 67,138,496 Common Shares outstanding as of June 30, 2026, as reported in Exhibit 99.1 to the Issuer's 6-K filed with the SEC on August 12, 2026.

SCHEDULE 13G

Item 1.

(a)

Name of issuer:

Mayfair Gold Corp.

(b)

Address of issuer's principal executive offices:

489 McDougall Street, Matheson, Ontario, Canada P0K 1N0

Item 2.

(a)

Name of person filing:

This Statement is filed by the entities listed below, who are collectively referred to herein as the "Reporting Persons": (i) Oaktree Value Opportunities Fund, L.P. ("OVO Fund") (ii) Oaktree London Liquid Value Opportunities Fund (VOF), L.P. ("VOF Fund") (iii) Oaktree Capital Management, L.P. ("OCM") (iv) Oaktree Capital Holdings, LLC ("OCH")

(b)

Address or principal business office or, if none, residence:

333 S. Grand Avenue, 28th Floor, Los Angeles, CA 90071

(c)

Citizenship:

See response to row 4 on each cover page hereto.

(d)

Title of class of securities:

Common Shares, no par value

(e)

CUSIP Number(s):

57808L305

Item 3.

If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

(b)

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

(c)

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

(d)

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);

(e)

An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

(f)

An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

(g)

A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

(h)

A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

(i)

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

(j)

A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:

(k)

Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).

Item 4.

Ownership

(a)

Amount beneficially owned:

See response to row 9 on each cover page hereto. The reported securities, which include 1,000,000 Common Shares acquired on August 19, 2026, are directly held by funds and accounts managed by OCM, including OVO Fund and VOF Fund. OCH is the sole managing member of the general partner of OCM. Accordingly, each of OCM and OCH may be deemed to share voting and dispositive power with respect to the reported securities. The filing of this Statement shall not be deemed an admission of beneficial ownership by any of the Reporting Persons for purposes of Section 13(d) or 13(g), or for any other purpose.

(b)

Percent of class:

See response to row 11 on each cover page hereto.

(c)

Number of shares as to which the person has:

(i) Sole power to vote or to direct the vote:

See response to row 5 on each cover page hereto.

(ii) Shared power to vote or to direct the vote:

See response to row 6 on each cover page hereto.

(iii) Sole power to dispose or to direct the disposition of:

See response to row 7 on each cover page hereto.

(iv) Shared power to dispose or to direct the disposition of:

See response to row 8 on each cover page hereto.

Item 5.

Ownership of 5 Percent or Less of a Class.

Not Applicable

Item 6.

Ownership of more than 5 Percent on Behalf of Another Person.

Not Applicable

Item 7.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.

Not Applicable

Item 8.

Identification and Classification of Members of the Group.

Not Applicable

Item 9.

Notice of Dissolution of Group.

Not Applicable

Item 10.

Certifications:

Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Oaktree Value Opportunities Fund, L.P.

Signature:	/s/ Henry Orren
Name/Title:	Henry Orren / Managing Director
Date:	08/20/2026

Oaktree London Liquid Value Opportunities Fund (VOF), L.P.

Signature:	/s/ Henry Orren
Name/Title:	Henry Orren / Managing Director
Date:	08/20/2026

Oaktree Capital Management, L.P.

Signature:	/s/ Henry Orren
Name/Title:	Henry Orren / Managing Director
Date:	08/20/2026

Oaktree Capital Holdings, LLC

Signature:	/s/ Henry Orren
Name/Title:	Henry Orren / Managing Director
Date:	08/20/2026

Exhibit Information

Exhibit A - Joint Filing Agreement, dated as of August 20, 2026, by and among the Reporting Persons.