Fairchild Gold Identifies Two Additional Large Gold-Silver Target Areas at Golden Arrow as Hyperspectral Survey Highlights District-Scale Au-Ag-Related Alteration System

Fairchild Gold Corp. (FAIR) announced the preliminary results of a property-wide hyperspectral satellite survey conducted by TerraEye over its 100%-owned Golden Arrow project in Nevada. The survey identified 31 spectral alteration occurrences, including muscovite-illite, kaolinite, and chlorite-epidote-calcite signatures, and delineated nine integrated gold-silver exploration targets.

Management hypothesizes that these targets may be connected parts of a broader, structurally controlled hydrothermal system, potentially expanding the known mineralized area to over 20 square kilometers. Five targets are rated high priority, with immediate plans for field mapping, outcrop sampling, and portable XRF/SWIR spectrometer checks to verify alteration continuity.

The results follow the September 9, 2026 announcement of the TerraEye program and deliver the scheduled preliminary findings ahead of the late October 2026 report delivery timeline. The company will overlay the nine targets against historical mine workings, fault interpretations, and assay records in a 3-D GIS model to prioritize future drilling.

Fairchild Gold Corp. (FAIR) released preliminary data from its previously announced satellite spectral mapping program, identifying nine integrated targets and expanding the exploration footprint to more than 20 square kilometers. This expansion supports the company’s strategy to treat the Golden Arrow property as a district-scale system rather than a collection of isolated deposits.

The spectral data indicates the presence of alteration zones, which are necessary precursors to mineralization, though the results do not yet confirm new gold-silver deposits or resource expansion. The announcement aligns with management’s stated exploration roadmap and does not introduce unexpected financial, operational, or regulatory changes.

The company’s focus remains on advancing the existing approximately 296,000 oz Au measured and indicated resource at Gold Coin and Hidden Hill, while systematically testing new targets for future drilling.

Fairchild Gold Corp. (FAIR) is a pre-revenue mineral exploration company focused on copper, gold, and silver assets in Nevada, USA. Its flagship project is the Golden Arrow, a 100%-owned gold-silver property located in the Walker Lane shear zone, approximately 65 km east of Tonopah.

The Golden Arrow hosts an NI 43-101 resource of 296,000 oz Au and 4.362 million oz Ag (Measured & Indicated) at a $3,000/oz Au base case, with an additional 60,000 oz Au and 2.322 million oz Ag in the Inferred category. The company is advancing a PEA and bulk sampling to address historical grade discrepancies and metallurgical recovery rates for heap leach operations.

Secondary assets include Nevada Titan, which features copper-gold-silver porphyry and skarn targets, and Carlin Queen, an advanced-stage gold-silver project.