Fairchild Gold Corp. has obtained a 100% interest in the Carlin Queen gold and silver property through a binding purchase agreement finalized on October 30, 2025. The 1,508-acre project comprises 73 unpatented lode mining claims and represents a substantial strategic acquisition within Nevada's established mining landscape. This transaction significantly enhances Fairchild Gold's portfolio, which already includes the Nevada Titan Project in the historic Goodsprings mining district and the Fairchild Lake Property in Ontario.
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 its location within one of the world's most productive gold regions. This proximity to successful mining operations enhances the property's development prospects and underscores its strategic value.
The drill-ready status of the Carlin Queen project accelerates Fairchild Gold's exploration timeline, enabling immediate advancement of evaluation and development activities. The company's acquisition strategy focuses on securing high-quality mineral properties in mining-friendly jurisdictions, with Nevada representing a premier global mining destination known for its established infrastructure and favorable regulatory environment. Additional details about the acquisition were published in the official press release available at https://ibn.fm/j3J7L.
This acquisition strengthens Fairchild Gold's position in the mining sector by adding a strategically located property with immediate exploration opportunities. The Carlin Queen property's position within a region with proven gold production history and established mining infrastructure provides significant advantages for development. The latest news and updates relating to the company can be accessed through its corporate communications channels at https://ibn.fm/FAIR.
