Fairchild Gold Acquires Strategic Carlin Queen Gold-Silver Project in Nevada's Prolific Mining District

Fairchild Gold Corp. (TSX-V: FAIR) has secured a 100% interest in the Carlin Queen gold and silver property through a binding purchase agreement dated October 30, 2025. The 1,508-acre project, consisting of 73 unpatented lode mining claims, represents a significant strategic acquisition in Nevada's world-renowned mining district.

The Carlin Queen property's location along both the Midas and Carlin gold trends provides substantial geological significance. Its proximity to established mining operations including Hecla Mining's Hollister and Midas mines, as well as Nevada Gold Mines' Goldstrike complex, underscores the project's potential in one of the most productive gold regions globally. This strategic positioning offers Fairchild Gold access to proven mineralized trends and established infrastructure.

The drill-ready status of the Carlin Queen project means exploration activities can commence without significant preparatory work, potentially accelerating the timeline to resource definition and development. This acquisition complements Fairchild Gold's existing portfolio, which includes the flagship Nevada Titan Project in the historic Goodsprings mining district. The company maintains additional holdings through its 100% ownership of the Fairchild Lake Property in Ontario's Patricia Mining Division.

For investors and industry observers, this acquisition represents Fairchild Gold's continued focus on high-quality mineral properties in mining-friendly jurisdictions. Nevada's established mining infrastructure, favorable regulatory environment, and proven mineral endowment make the Carlin Queen acquisition particularly significant. The property's location within a region hosting multiple world-class gold deposits suggests substantial exploration upside.

The timing of this acquisition comes as global gold demand remains strong amid economic uncertainty and inflationary pressures. Companies with drill-ready projects in proven mining districts like Nevada's Carlin Trend are well-positioned to capitalize on favorable commodity markets. Fairchild Gold's strategic move could potentially enhance shareholder value through systematic exploration and development of the newly acquired asset.

Additional information about Fairchild Gold is available through the company's newsroom at https://ibn.fm/FAIR. MiningNewsWire, the specialized communications platform that distributed the announcement, provides coverage of developments in the global mining and resources sectors through its website at https://www.MiningNewsWire.com.