Fairchild Gold Corp. (TSX.V: FAIR): LOI for Nevada Expansion Strengthens Position Amid Record Gold Outlooks
Memorandum of Understanding signed to acquire the Golden Arrow Project in Nevada’s Walker Lane Belt for US$5 million Acquisition adds 420,000 ounces of historic gold resources, expanding Fairchild’s Nevada landholding by 170% Executive Chairman Nikolas Perrault highlights disciplined growth strategy as analysts project gold surpassing $5,000 per ounce The Golden Era of Gold Revisited Gold has entered a defining moment. With prices hovering near record highs near $4,200 an ounce and some forecasts now calling for $5,000 gold within a year, the macro backdrop for precious metals has rarely looked stronger. Central banks continue to diversify out of fiat currencies,…