Fairchild Gold Completes Acquisition of Golden Arrow Property

Fairchild Gold Corp. has officially completed the acquisition of a 100% interest in the Golden Arrow Property from Emergent Metals Corp. The property comprises 511 mineral claims, consisting of 17 patented and 494 unpatented holdings, located near Tonopah, Nevada, within the Walker Lane shear zone.

The transaction consideration included $600,000 in cash, 12,500,000 common shares, a $3,500,000 senior secured promissory note, and a 0.5% net smelter returns (NSR) royalty. Fairchild assumed existing royalty obligations, including advance minimum royalties and NSRs on specific claims, and funded a ~$40,000 reclamation guarantee.

Shareholder approval was previously obtained on June 9, 2026, and a $2.24 million private placement closed on July 29, 2026, to fund the acquisition and working capital. Management retained IMPAQ Capital for investor relations at $8,500 per month and Outside the Box Capital for marketing at a $75,000 fee.

Fairchild Gold Corp. (FAIR) is set to complete the Golden Arrow acquisition, a milestone following the June shareholder vote and the July financing close. The transaction adds a defined historical resource base of approximately 15.4 million ounces of gold-equivalent to the company's Nevada portfolio.

The deal is dilutive, issuing 12.5 million shares to Emergent Metals, which increases the share count to ~179.6 million. Despite advancing the strategic roadmap, the acquisition requires immediate follow-up capital to fund the planned Preliminary Economic Assessment (PEA) and metallurgical testing. The news does not alleviate the company's critical liquidity position, as reported cash on hand stands at just $13,720 as of Q2 2026.

Fairchild Gold Corp. is a pre-revenue mineral exploration company focused on a portfolio of advanced-stage projects in Nevada. The company’s flagship Nevada Titan Project is located in the Goodsprings Mining District and targets porphyry copper-gold and skarn systems. Recent surface sampling has returned grades up to 34% copper, and drone magnetic surveys have identified eight high-priority targets.

The newly acquired Golden Arrow Project is located near the Round Mountain mine and hosts a historical NI 43-101 resource of approximately 15.4 million ounces of gold-equivalent, with potential for heap leach development. Additionally, the Carlin Queen Project is positioned at the intersection of the Carlin and Midas-Hollister gold trends, adjacent to major producing mines like Goldstrike and Hollister.