Northwire Canada EditionFriday, July 24, 2026
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AVX 0.005 −nan% AII 19.91 −1.0% GWM 0.480 +0.0% GEN 0.065 +0.0% NIO 0.135 −3.6% III 7.22 −2.8% NCAU 0.295 −3.3% NEV 0.040 +0.0% ITR 3.00 −1.6% ALDE 2.79 −0.7% TECK 84.18 +4.4% FVI 11.83 −2.2% SUM 1.31 −1.5% RSMX 0.115 +4.5% STW 0.105 +5.0% PAT 0.250 +0.0% AVX 0.005 −nan% AII 19.91 −1.0% GWM 0.480 +0.0% GEN 0.065 +0.0% NIO 0.135 −3.6% III 7.22 −2.8% NCAU 0.295 −3.3% NEV 0.040 +0.0% ITR 3.00 −1.6% ALDE 2.79 −0.7% TECK 84.18 +4.4% FVI 11.83 −2.2% SUM 1.31 −1.5% RSMX 0.115 +4.5% STW 0.105 +5.0% PAT 0.250 +0.0%
Technical Study

Fairchild Gold files updated NI 43-101 tech report on GA

FAIR · Price

Executive Summary

  • Fairchild Gold Corp. has filed an updated NI 43-101 technical report for its Golden Arrow project, a key step in finalizing the previously announced acquisition of the property.
  • The filing allows the company to close the acquisition and proceed with mine development activities, including a Preliminary Economic Assessment (PEA) and bulk sampling.
  • The report highlights discrepancies between historical column testing head grades (0.039 to 0.077 oz/t Au) and current resource estimates, necessitating further metallurgical testing to understand gold grade and sulphide content effects on heap leach recoveries.

Key Details

  • Transaction Status: The updated NI 43-101 report, prepared by Respec of Reno, Nev., is being filed to satisfy requirements for finalizing the acquisition of the Golden Arrow project.
  • Project Location: Golden Arrow project is located on the Walker Lane Gold Trend in Nevada.
  • Next Steps & Exploration Plan:
    • Initiation of a Preliminary Economic Assessment (PEA) with a strong emphasis on metallurgy.
    • Bulk sampling to investigate why historical column testing head grades (0.039 to 0.077 ounce Au/ton, per Jack S. McPartland, 2008) were significantly higher than the resources outlined in the current report.
    • Further metallurgical testing required to determine the effects of gold grade and sulphide content on heap leach recoveries.
    • Thorough review and ranking of significant exploration targets inventory.
  • Qualified Person: Richard R. Redfern, MS, CPG No. 10717, an independent consulting geologist for Fairchild, reviewed and approved the scientific and technical information.
  • Portfolio Context: The Golden Arrow property is part of Fairchild's Nevada portfolio, which also includes the Nevada Titan property (Goodsprings mining district) and the Carlin Queen property (advanced-stage gold-silver project).

Notable Quotes

  • "The filing of this comprehensive technical report will allow the company to expeditiously wrap up its acquisition of this very promising asset and proceed with its rapid advancement towards mine development." — Nikolas Perrault, CFA, Executive Chairman of Fairchild
Read the original news release →

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