Core Viewpoint - Fairchild Gold Corp. has entered into a Memorandum of Understanding with Emergent Metals Corp. to acquire a 100% interest in the Golden Arrow Project, a strategically located gold and silver property in Nevada [1][12]. Project Overview - The Golden Arrow Project is an advanced-stage gold-silver project located approximately 40 miles east of Tonopah, Nevada, near the Round Mountain gold mine, which has produced over 15 million ounces of gold [2]. - The project encompasses two principal resource areas, Gold Coin and Hidden Hill, with a combined measured and indicated resource of 12,172,000 tons averaging 0.024 oz/ton Au and 0.33 oz/ton Ag, yielding 296,500 oz Au and 4,008,000 oz Ag [8]. Resource and Exploration Potential - The project exhibits epithermal-style gold-silver mineralization with favorable structural controls for both bulk disseminated and higher-grade vein systems, along with multiple untested large target areas [4]. - Additional geological mapping, sampling, and geophysical analyses are planned to search for new gold-mineralized rock bodies and expand historical resources [3]. Technical Advisory Board Expansion - Guy Lauzier has been appointed as Technical Director for the Golden Arrow Project, bringing decades of experience from major mining companies [6]. Transaction Details - The acquisition involves a purchase price of US$250,000 upon signing, US$350,000 upon TSX Venture Exchange approval, issuance of 12.5 million common shares, and a senior secured note with a face value of US$3.5 million [12]. - The note carries an interest rate of 8.5% and is secured solely by the Golden Arrow Project [12]. Strategic Importance - The acquisition of the Golden Arrow Project is seen as a strategic step for Fairchild to build a world-class portfolio focused on Nevada, leveraging the project's resource potential and exploration upside [9].