MiningNewsBreaks – Fairchild Gold Corp. (TSX-V: FAIR) to Acquire Golden Arrow Project in Nevada for US$5 Million
This article has been disseminated on behalf of Fairchild Gold and may include paid advertising. Fairchild Gold (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. As reported in an article by Ryan D. Long, the US$5 million transaction—valued at roughly US$12 per ounce of gold in the ground—will expand Fairchild’s total land position by 170% to 64.5 km² through the addition of Golden Arrow and the Nevada Titan Project. The Golden Arrow Project hosts a historic resource of 420,000 ounces of…