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- With the acquisition of the Golden Arrow Project, Fairchild is taking a decisive strategic step toward building a world-class Nevada-focused portfolio, states Executive Chairman Nikolas Perrault
- The Golden Arrow property encompasses two principal resource areas known as Gold Coin and Hidden Hill
- Fairchild also appointed Malcolm Smith and Ambassador Hans H. Hertell to its Strategic Advisory Board
Fairchild (TSX.V: FAIR) is positioning itself as a significant player in Nevada’s prolific mining landscape with the announcement of its acquisition of the Golden Arrow Project, an advanced-stage gold and silver property located along the highly prospective Walker Lane Shear Zone (https://nnw.fm/RNpUh). The Vancouver-based mineral exploration company has entered into a memorandum of understanding (“MOU”) with Emergent Metals Corp. to acquire 100% interest in the past-producing property. This strategic move comes alongside the company’s expansion of its advisory team with experienced industry professionals (https://nnw.fm/P9Kmu).
“By securing 100% ownership of the Golden Arrow Project, Fairchild is taking a decisive strategic step toward building a world-class Nevada-focused portfolio,” said Fairchild Gold Executive Chairman Nikolas Perrault. “Golden Arrow combines a meaningful NI 43-101 resource, strong exploration upside and a proven district location alongside world-class mines like Round Mountain. Our strategy is to aggressively advance this project and unlock substantial value for our shareholders while contributing to Nevada’s proud mining tradition.”
The Golden Arrow Project represents a substantial addition to Fairchild’s asset base. Located approximately 40 miles east of Tonopah, Nevada, the property sits near the large Round Mountain gold mine operated by Kinross Gold Corporation, which has produced more than 15 million ounces of gold to date.
The property encompasses two principal resource areas known as Gold Coin and Hidden Hill. According to an amended technical report prepared by Mine Development Associates, the combined measured and indicated resource stands at 12,172,000 tons averaging 0.024 ounces per ton gold and 0.33 ounces per ton silver, yielding 296,500 ounces of gold and 4,008,000 ounces of silver. The inferred resource totals 3,790,000 tons for 50,400 ounces of gold and 1,249,000 ounces of silver.
Under the terms of the September 2025 MOU, Fairchild paid a nonrefundable deposit of $250,000 and will pay an additional $350,000 upon receiving TSX Venture Exchange approval. The company will also issue 12.5 million common shares to Emergent Metals and a senior secured note with a face value of $3.5 million, carrying an 8.5% interest rate with a five-year maturity. A 0.5% net smelter return royalty will be granted to Emergent Metals with buyback options available.
To support the acquisition, Fairchild appointed Guy Lauzier, who brings decades of global mining experience to the Golden Arrow Project, having led mine development, feasibility, and operations for top-tier companies including Lundin, Trafigura, and Torex Gold. His proven ability to translate engineering expertise into practical, value-driven execution makes him a strong addition to advance Golden Arrow toward production success.
In a separate announcement, Fairchild reported the appointment of Malcolm Smith and Ambassador Hans H. Hertell to its Strategic Advisory Board. Smith, a seasoned Canadian investment banker with more 25 years of experience, currently serves as CEO of West Harbour Capital, leading initiatives in capital raising, mergers and acquisitions, and strategic business development.
Hertell brings a distinguished career spanning law, government, finance and international business. He served as U.S. ambassador to the Dominican Republic from 2001 to 2007, appointed by President George W. Bush. Following his diplomatic service, Hertell played a pivotal role in facilitating Barrick Gold’s multibillion-dollar investment in the Dominican Republic’s Pueblo Viejo mine, acting as a liaison between Barrick and Dominican authorities to advance one of the world’s most significant gold mining projects.
Nikolas Perrault commented that by securing 100% ownership of the Golden Arrow Project, Fairchild is taking a decisive strategic step toward building a world-class Nevada-focused portfolio. He noted that Golden Arrow combines a meaningful resource, strong exploration upside, and a proven district location alongside world-class mines like Round Mountain.
Fairchild Gold Corp. is a mineral exploration company focused on acquiring, exploring and developing high-quality mineral properties in mining-friendly jurisdictions. The company’s flagship Nevada Titan Project is located in the historic Goodsprings mining district in Nevada, and the company also owns the Fairchild Lake Property in Ontario.
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 https://nnw.fm/FAIR
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