Fairchild Gold Acquires Golden Arrow Project in Nevada's Walker Lane Belt for US$5 Million

Fairchild Gold Corp. has entered into a memorandum of understanding to acquire the Golden Arrow Project in Nevada's Walker Lane Belt for US$5 million, a strategic move that adds 420,000 ounces of historic gold resources and expands the company's Nevada landholding by 170%. The acquisition comes as market forecasts predict gold reaching $5,000 per ounce within a year, creating favorable conditions for exploration companies operating in established mining districts.

The Golden Arrow Project, originally discovered in 1905, is situated just 96 kilometers east of Kinross Gold Corporation's Round Mountain Gold Mine, placing it within a proven mining region with established infrastructure and geological potential. This new acquisition will be integrated with Fairchild's existing Nevada Titan Project to create a consolidated portfolio in what the company describes as a Tier-1 mining jurisdiction. The combination of these assets provides Fairchild with a substantial presence in Nevada's prolific gold district, known for its mineral-rich geology and mining-friendly regulatory environment.

Executive Chairman Nikolas Perrault outlined the company's strategic approach, stating that Fairchild aims to build value through high-quality, strategically located assets while advancing them responsibly and aligning exploration activities with strong market fundamentals. The company's vision focuses on creating a scalable, technically sound operation that can capitalize on both current market conditions and long-term industry trends. Additional information about the company's operations and strategic direction can be found at https://www.FairchildGold.com.

Fairchild has strengthened its financial position through recent financing of C$1.1 million and has bolstered its technical team under the leadership of Guy Lauzier, positioning the company to effectively develop its expanded Nevada portfolio. The enhanced technical capabilities will support the evaluation and development of both the newly acquired Golden Arrow Project and the existing Nevada Titan Project, located in the historic Goodsprings mining district. The company maintains additional assets including the Fairchild Lake Property in Ontario, consisting of 108 mining claims covering 2,224 hectares approximately 250 kilometers northwest of Thunder Bay.

The acquisition and consolidation of Nevada assets represents a significant step in Fairchild's growth strategy as the company seeks to establish itself as a meaningful participant in the North American gold exploration sector. With the combination of experienced leadership, strengthened financial resources, and strategically located assets in mining-friendly jurisdictions, Fairchild aims to capitalize on what it describes as a new paradigm in the gold market. Investors seeking additional updates and information about the company can access the latest developments through the company's newsroom at https://ibn.fm/FAIR.