Fairchild Gold Shareholders Approve Golden Arrow Property Acquisition

Fairchild Gold shareholders have approved the acquisition of the Golden Arrow Property, a strategic asset in Nevada's Walker Lane Shear Zone, marking a key step in the company's growth and resource expansion.

Philly Metrowire Staff
Business
Fairchild Gold Shareholders Approve Golden Arrow Property Acquisition

Fairchild Gold Corp. (TSX-V: FAIR; OTCQB: FCHDF; Frankfurt: Y4Y) announced that its shareholders have approved the company’s previously announced acquisition of the Golden Arrow Property from Emergent Metals Corp. The approval came during a special meeting held on June 9, 2026, where shareholders representing 18.5 million common shares, or approximately 10.3% of the issued and outstanding shares eligible to vote, were represented. The company confirmed that all eligible votes cast were in favor of the transaction.

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 contain a combined measured, indicated, and inferred resource base as outlined in an NI 43-101 technical report prepared by Mine Development Associates. The acquisition aligns with Fairchild Gold’s strategy of building a portfolio of high-quality resource properties in Nevada, a mining-friendly jurisdiction with strong geological potential. The company’s recently assembled trinity of Nevada properties now includes Nevada Titan, the flagship property in the Goodsprings Mining District; the Golden Arrow Property; and the Carlin Queen property, an advanced-stage gold-silver project at the intersection of the Carlin and Midas-Hollister gold trends.

The completion of the acquisition remains subject to final regulatory approvals, including approval from the TSX Venture Exchange, and other customary closing conditions. The transaction is expected to close in June 2026. This shareholder approval represents a significant milestone for Fairchild Gold as it continues to expand its resource base and advance its exploration and development activities in Nevada. The Golden Arrow Property adds substantial gold and silver resources to the company’s portfolio, enhancing its position in the region known for historical mining and recent discoveries.

Fairchild Gold is a public company engaged in mineral exploration and development of copper, gold, and silver assets. The company focuses on creating long-term shareholder value through disciplined exploration, strategic partnerships, and responsible development practices. With the addition of the Golden Arrow Property, Fairchild Gold strengthens its presence in Nevada, leveraging 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 shareholder approval is available at https://nnw.fm/3kHqR.

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