Fairchild Gold Cleared to Seek Shareholder Approval for Golden Arrow Property Acquisition

Fairchild Gold has received clearance to seek shareholder approval for its acquisition of the Golden Arrow Property, which adds significant gold resources in Nevada's Walker Lane Shear Zone.

NY Metrowire Staff
Technology
Fairchild Gold Cleared to Seek Shareholder Approval for Golden Arrow Property Acquisition

Fairchild Gold Corp. (TSX-V: FAIR; OTCQB: FCHDF; Frankfurt: Y4Y) announced it has received clearance from regulatory authorities to proceed with seeking shareholder approval for its proposed acquisition of the Golden Arrow Property from Emergent Metals Corp. The company has scheduled a special meeting of shareholders for June 9, 2026, to vote on the transaction. Fairchild Gold will distribute a management information circular and related proxy materials to shareholders of record as of May 1, 2026, detailing the terms of the acquisition.

The acquisition remains subject to shareholder approval, regulatory approvals including final TSX Venture Exchange approval, and customary closing conditions. The company expects the transaction to close in June 2026. The Golden Arrow Property is located in the prolific Walker Lane Shear Zone in Nevada, encompassing two principal resource areas: Gold Coin and Hidden Hill. According to an NI 43-101 technical report prepared by Mine Development Associates, the property hosts a combined measured, indicated, and inferred resource base.

This acquisition is a strategic move for Fairchild Gold, which is building a portfolio of high-quality mineral properties in Nevada. The company's flagship property, Nevada Titan, is located in the Goodsprings Mining District, an area known for historical high-grade copper-gold-PGEs mining and more recently highlighted for near-surface antimony and cobalt potential. Fairchild Gold also holds the Carlin Queen property, an advanced-stage gold-silver project situated at the intersection of the Carlin and Midas-Hollister gold trends.

The addition of the Golden Arrow Property strengthens Fairchild Gold's position in Nevada, a mining-friendly jurisdiction with strong geological resource potential. The company's strategy focuses on creating long-term shareholder value through disciplined exploration, strategic partnerships, and responsible development practices. Fairchild Gold is leveraging the potential of its three Nevada properties by utilizing the outstanding mineral resources support the state provides.

For more information about Fairchild Gold and its properties, visit the company's newsroom at http://nnw.fm/FAIR. The press release regarding the Golden Arrow acquisition can be viewed at https://nnw.fm/jjaRk.

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