Fairchild Gold Corp. (TSX-V: FAIR) has obtained complete ownership of the Carlin Queen gold and silver property through a binding purchase agreement executed on October 30, 2025. The acquisition covers 1,508 acres comprising 73 unpatented lode mining claims, representing a substantial strategic addition to the company's mineral portfolio in Nevada's established mining territory. This transaction significantly enhances Fairchild Gold's position within one of the world's most prolific gold-producing regions.
The Carlin Queen property's geological positioning along both the Midas and Carlin gold trends provides exceptional exploration potential. Situated near established mining operations including Hecla Mining's Hollister and Midas mines, as well as Nevada Gold Mines' Goldstrike complex, the project benefits from proximity to proven gold production systems. This strategic location within Nevada's mining corridor, known for its extensive mineral endowment and developed infrastructure, increases the property's development prospects and exploration value.
The drill-ready status of the Carlin Queen project enables immediate advancement of evaluation activities, significantly accelerating Fairchild Gold's exploration timeline. The company's acquisition strategy emphasizes high-quality mineral properties in mining-friendly jurisdictions, with Nevada representing a premier global mining destination recognized for its established infrastructure and favorable regulatory framework. The latest corporate developments and news updates are accessible through the company's communications channels at https://ibn.fm/FAIR.
This acquisition complements Fairchild Gold's existing portfolio, which includes the Nevada Titan Project in the historic Goodsprings mining district and the Fairchild Lake Property in Ontario. The comprehensive details of the Carlin Queen acquisition were documented in the official press release available at https://ibn.fm/j3J7L. The property's strategic positioning and immediate exploration readiness provide significant opportunities in a region with demonstrated gold production history and well-established mining infrastructure, potentially enhancing the company's long-term growth prospects and resource base.
