Fairchild Gold to Acquire Golden Arrow Project in Nevada for US$5 Million

Fairchild Gold Corp. (TSX-V: FAIR) has signed a Memorandum of Understanding to acquire a 100% interest in the Golden Arrow Project, an advanced-stage gold property located along Nevada's Walker Lane Shear Zone. The US$5 million transaction represents a valuation of approximately US$12 per ounce of gold in the ground, positioning the company for significant growth in one of North America's most prolific mining regions.

The acquisition will expand Fairchild's total land position by 170% to 64.5 km² through the addition of both the Golden Arrow Project and the Nevada Titan Project. This strategic expansion comes at a time when gold prices remain strong and mining companies are actively seeking quality assets in established mining jurisdictions. The Golden Arrow Project hosts a historic resource of 420,000 ounces of gold at an average grade of 0.75 g/t, providing Fairchild with substantial additional resources to complement its existing portfolio.

The project has undergone extensive exploration totaling more than 61,000 meters of drilling, indicating significant potential for resource expansion and future development. Under the proposed terms detailed in the full article available at https://ibn.fm/2cZYB, Fairchild will issue 12.5 million shares, a US$3.5 million secured note, and a 0.5% NSR royalty to Emergent Metals Corp. upon completion of the deal. This structured payment approach allows Fairchild to conserve cash while securing a valuable asset.

As part of the transaction, Fairchild will appoint veteran mining engineer Guy Lauzier as Technical Director to advance development of the project. Lauzier brings extensive experience from previous roles with major mining companies including Barrick, Newmont, and Agnico Eagle. His appointment signals Fairchild's commitment to professional development of the Golden Arrow Project and demonstrates the company's strategy to leverage experienced leadership in advancing its Nevada assets.

The acquisition represents a strategic move for Fairchild as it consolidates its position in Nevada's mining landscape. The combination of the Golden Arrow Project with the company's existing Nevada Titan Project in the historic Goodsprings mining district creates a substantial land package with multiple exploration targets. For more information about Fairchild Gold Corp., visit https://www.fairchildgold.com/.

This transaction occurs against a backdrop of increasing consolidation in the junior mining sector as companies seek to build critical mass and secure quality assets in mining-friendly jurisdictions. Nevada's established mining infrastructure, favorable regulatory environment, and proven mineral endowment make it an attractive destination for mining investment. The acquisition positions Fairchild to potentially accelerate its development timeline and create additional value for shareholders through the systematic advancement of its expanded Nevada portfolio.