Fairchild Gold Acquires Carlin Queen Gold-Silver Project in Nevada's Prolific Mining District

Fairchild Gold Corp. (TSX-V: FAIR) has secured complete ownership of the Carlin Queen gold and silver property through a binding purchase agreement dated October 30, 2025. The 1,508-acre project consists of 73 unpatented lode mining claims and represents a significant strategic acquisition for the mineral exploration company. The property's drill-ready status allows for immediate advancement of exploration activities without the delays typically associated with new project development.

The Carlin Queen project's location provides substantial geological significance, situated along both the Midas and Carlin gold trends in Nevada. This positioning places the property in close proximity to established mining operations including Hecla Mining's Hollister and Midas mines, as well as Nevada Gold Mines' Goldstrike complex. The region represents one of the world's most productive gold districts, with established infrastructure and proven mineralization patterns that enhance the project's exploration potential.

This acquisition expands Fairchild Gold's portfolio of mineral properties in mining-friendly jurisdictions. The company maintains additional assets including the flagship Nevada Titan Project located in the historic Goodsprings mining district in Nevada. Additional information about the company's activities and updates can be found in their newsroom at https://ibn.fm/FAIR. The strategic importance of this acquisition lies in the property's advanced stage of development and its location within a world-class mining district with established infrastructure and proven mineralization.

The transaction demonstrates Fairchild Gold's continued focus on acquiring high-quality mineral properties with significant exploration potential. The Carlin Queen property's position within established gold trends provides geological context that supports the potential for significant gold and silver mineralization. The property's readiness for drilling operations means that exploration programs can commence without the extensive preliminary work typically required for new acquisitions.

Further details about the acquisition and the company's strategic direction are available through the official press release at https://ibn.fm/j3J7L. The mining industry in Nevada continues to represent one of the most significant gold-producing regions globally, and this acquisition positions Fairchild Gold to potentially benefit from the established mining infrastructure and geological understanding of the area. The company's expansion into this region aligns with its stated focus on developing high-quality mineral properties in jurisdictions with established mining industries and favorable regulatory environments.