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Nevada Titan Project Exploration Update, Magnetic Survey Confirmation – 8 Targets Identified.
Globenewswire· 2025-12-17 21:29
Core Insights - The Nevada Titan Project has identified significant copper mineralization, suggesting the presence of a Porphyry Copper Deposit, with a focus on a newly identified intrusive pipe as a potential source [2][3] Geological Findings - A high-resolution drone magnetic survey has revealed eight magnetic targets in the Nevada Titan Project area, with the Pipe Target being a notable feature due to its compact and steep orientation [2][6] - The alignment of surface geology, magnetic data, and geochemistry supports the interpretation of the Pipe Target as a vertically developed geological feature, located near a high-grade Cu-Au skarn [3] Mineralization Data - Surface sampling has outlined a 1.5-kilometer copper trend, with notable copper grades reported from various mines, including 15.56-34.00% Cu at the Copperside Mine and 4.34-15.7% Cu at the Azurite mine [5][6] - A key sample collected above the Pipe Target contains magnetite and garnet, indicating a skarn source and confirming the magnetic anomaly identified at depth [6] Project Development - Ongoing work will integrate geology, geochemistry, and geophysics to refine the project model, with detailed examinations planned for specific targets [4][14] - The company plans to conduct induced polarization (IP) surveys over selected magnetic targets to better define subsurface properties before finalizing drill targeting [14] Corporate Updates - Fairchild Gold Corporation has changed its auditor from Manning Elliott LLP to Lixin Ethos CPAs LLP effective December 15, 2025, with no reservations reported in the former auditor's audit reports [9][10] - The company is focused on developing high-quality resource properties in Nevada, leveraging its strategic partnerships and responsible development practices [12]