- 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, inflation remains stubbornly above target, and geopolitical risks are rewriting the global investment playbook.
Wheaton Precious Metals CEO Randy Smallwood told Bloomberg earlier this month that gold could “easily reach $10,000 an ounce before the end of the decade.” It’s not just investor demand driving the move; structural supply constraints and underinvestment in new discoveries are now colliding with a decade of monetary expansion. Against this backdrop, exploration and development companies with quality assets in Tier-1 jurisdictions are uniquely positioned to capture value as the next phase of the gold cycle unfolds.
Building a Nevada Powerhouse
Fairchild (TSX.V: FAIR) is positioning itself at the heart of this structural shift. The company recently announced a Memorandum of Understanding (“MOU”) to acquire a 100% interest in the Golden Arrow Project, located along Nevada’s prolific Walker Lane Shear Zone. The advanced exploration stage project adds 40.5 square kilometers of mineral tenure and a historic resource of 420,000 ounces of gold grading 0.75 g/t Au and 11.27 g/t Ag.
Lending further credence, the property is just 96 kilometers east of Kinross Gold Corporation’s (TSX: K) (NYSE: KGC) Round Mountain Gold Mine, which is estimated to have contained 28 million ounces of gold.
The acquisition, valued at approximately US$5 million, or about US$12 per ounce in the ground, represents a highly strategic move that increases Fairchild’s Nevada landholding by 170% to 64.5 square kilometers. Once completed, Golden Arrow will sit alongside Fairchild’s flagship Nevada Titan Project, creating a consolidated portfolio within one of the world’s most mining-friendly jurisdictions.
Golden Arrow: A Historic Producer with Modern Potential
Discovered in 1905, Golden Arrow saw significant mining activity during the early 20th century, particularly at the Hidden Hill and Gold Coin deposits along the Page Fault Zone. While operations ceased in the 1940s, subsequent exploration by 12 companies since 1981, including over 61,000 meters of drilling, has outlined both high-grade veins and disseminated mineralization.
The project hosts a volcanic-hosted epithermal system overprinted by later hydrothermal events, providing strong geological indicators for expansion. The two main deposits remain open at depth and along strike, while 34 additional exploration targets, six of which are classified as high priority, have been identified through historical geophysical and geochemical surveys.
Fairchild plans to deploy modern AI-integrated geophysics, drone magnetics, and advanced geochemical analysis to refine targeting ahead of future drilling.
Strengthening the Technical Bench
As part of the Golden Arrow acquisition, Fairchild will appoint veteran mining engineer and consultant Guy Lauzier as Technical Director. Lauzier’s extensive global experience in advancing gold and base metal projects, combined with his leadership roles at companies such as Lundin, Trafigura, and Torex Gold, make him a strong asset. Known for his ability to bridge engineering excellence with practical execution, Lauzier has successfully guided projects from early-stage exploration through to production. His proven track record in mine development, feasibility, and operational execution positions him to drive the project’s advancement and long-term value creation.
A Disciplined Growth Model
Executive Chairman of Fairchild Gold, Nikolas Perrault, emphasized a pragmatic, data-driven growth model: “Our approach is simple—build value through high-quality, strategically located assets, advance them responsibly, and align exploration with strong market fundamentals.”
That approach extends beyond Nevada. The company also holds a 100% interest in the Fairchild Lake Property in Ontario’s underexplored Savant Lake Greenstone belt, offering additional upside exposure to gold in a Tier-1 jurisdiction.
Well-Financed for Expansion
Fairchild recently closed a C$1.1 million private placement, issuing 12.2 million units at C$0.09 per share with five-year warrants exercisable at C$0.15. Proceeds are earmarked to advance the company’s Nevada projects and strengthen working capital, providing the financial flexibility needed to execute on near-term milestones.
The financing structure, combined with the low-cost Golden Arrow acquisition terms, gives Fairchild room to expand exploration while minimizing dilution, a balance that investors often seek in emerging gold developers.
Positioned for a New Gold Paradigm
With analysts at Goldman Sachs forecasting $4,900 gold by late 2026 and Jefferies projecting levels as high as $6,600, the sector’s risk/reward balance appears increasingly asymmetric. As capital flows back into hard assets, the focus is shifting toward companies with scalable, technically sound projects in stable jurisdictions, criteria Fairchild clearly meets.
By combining the Nevada Titan Project’s porphyry-skarn copper-gold potential with the Golden Arrow Project’s defined resource base, Fairchild is constructing a portfolio that offers both near-term exploration catalysts and long-term leverage to rising metal prices.
As Perrault noted, “Nevada remains the epicenter of U.S. gold mining. We believe our assets—supported by disciplined leadership and technical depth—will position Fairchild as a meaningful participant in the next phase of the gold cycle.”
For more information, visit the company’s website at www.FairchildGold.com.
NOTE TO INVESTORS: The latest news and updates relating to FAIR are available in the company’s newsroom at ibn.fm/FAIR
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