Fairchild Gold Corp. Acquires Golden Arrow Project in Nevada, Expanding Gold Resources by 420,000 Ounces

Fairchild Gold Corp. (TSX.V: FAIR) (OTC: FCHDF) has announced a memorandum of understanding to acquire the Golden Arrow Project in Nevada's Walker Lane Belt for US$5 million, adding 420,000 ounces of historic gold resources and expanding its Nevada landholding by 170%. This strategic acquisition comes during a period when market forecasts predict gold reaching $5,000 per ounce within a year, creating favorable conditions for exploration companies operating in the sector. The Golden Arrow Project, originally discovered in 1905, is situated just 96 kilometers east of Kinross Gold Corporation's Round Mountain Gold Mine, positioning Fairchild in close proximity to established mining operations in a premier mining jurisdiction.

The acquisition will combine with Fairchild's existing Nevada Titan Project to form a consolidated portfolio in what the company describes as a Tier-1 jurisdiction. Executive Chairman Nikolas Perrault emphasized the company's strategic approach, stating their focus on building value through high-quality, strategically located assets while advancing them responsibly and aligning exploration with strong market fundamentals. This acquisition represents a significant step in Fairchild's growth strategy, particularly given the company's recent successful financing round that raised C$1.1 million and the strengthening of its technical team under the leadership of Guy Lauzier.

The Golden Arrow Project's historical significance and resource base provide Fairchild with immediate scale in Nevada's prolific gold district. The company's expanded presence in the Walker Lane Belt, known for its mineral-rich geology, positions Fairchild to capitalize on what industry analysts are calling a new gold paradigm. With the combination of the Golden Arrow and Nevada Titan projects, Fairchild aims to build a scalable, technically sound operation that can leverage the region's mining-friendly environment and established infrastructure. For additional information about the company's operations and properties, visit https://www.FairchildGold.com.

Market observers note that the timing of this acquisition aligns with broader industry trends favoring consolidation and strategic positioning in established mining districts. The projected increase in gold prices to $5,000 per ounce within the coming year could significantly enhance the economic viability of Fairchild's expanded resource base. The company's strengthened technical team, combined with its recent capital infusion, provides the necessary foundation to advance both the Golden Arrow and Nevada Titan projects through exploration and development phases. Investors and industry stakeholders can access the latest corporate updates through the company's newsroom at https://ibn.fm/FAIR.