Fairchild Gold Corp. announced receipt of an updated National Instrument 43-101 Technical Report for the Golden Arrow Project, completed by RESPEC of Reno, Nevada. The updated report fulfills requirements related to the company's previously announced acquisition of the property and supports advancement of the Golden Arrow Project under applicable Canadian reporting standards.
This development is significant for investors and the mining industry as it provides formal, standardized documentation required by Canadian securities regulators for mineral resource disclosure. NI 43-101 reports establish credibility and transparency, allowing stakeholders to make informed decisions based on verified technical data. The completion of this report represents a critical step in Fairchild Gold's compliance process following its acquisition of the Golden Arrow property.
The Golden Arrow property is located in the prolific Walker Lane Shear Zone and encompasses two principal resource areas: Gold Coin and Hidden Hill. These areas have a combined measured, indicated, and inferred resource base that was previously outlined in an NI 43-101 report written by Mine Development Associates. The updated report from RESPEC provides current technical validation of these resources, which is essential for the property's continued development and potential future financing or partnership opportunities.
Fairchild Gold's strategic focus on Nevada mining properties positions the company within one of North America's most mineral-rich regions. The company's portfolio includes three key Nevada properties: the flagship Nevada Titan property in the Goodsprings Mining District, known for historical high-grade copper-gold-PGEs mining and more recently highlighted for near-surface antimony and cobalt potential; the Golden Arrow property; and the Carlin Queen property, an advanced-stage gold-silver project located at the intersection of the Carlin and Midas-Hollister gold trends.
The receipt of this updated technical report demonstrates Fairchild Gold's commitment to disciplined exploration and development practices. For the mining industry, such technical validation contributes to maintaining investor confidence in mineral resource reporting standards. The company's approach to leveraging Nevada's mineral resources support system reflects broader industry trends toward focusing on mining-friendly jurisdictions with established infrastructure and geological potential.
Investors can access the latest news and updates relating to Fairchild Gold through the company's newsroom at http://ibn.fm/FAIR. The technical report's completion represents a milestone in Fairchild Gold's property acquisition process and provides a foundation for the Golden Arrow Project's future development decisions. This development matters because transparent, standardized resource reporting forms the basis for responsible mineral development and informed investment in the mining sector.
