Mr. Nikolas Perrault reports

FAIRCHILD GOLD ANNOUNCES FILING OF UPDATED NI 43-101 TECHNICAL REPORT ON GOLDEN ARROW AU-AG PROJECT, WALKER LANE GOLD TREND, NEVADA

Fairchild Gold Corp. has received an updated National Instrument 43-101 technical report on the Golden Arrow project. The report was completed by Respec of Reno, Nev., as part of Fairchild's requirements to finalize its previously announced acquisition of the property.

Report highlights

Postacquisition next steps:

• Initiation of a PEA (preliminary economic assessment) with strong emphasis on metallurgy;
• Bulk sampling with primary objective to better understand why the calculated head grades for samples subjected to historical column testing ranged from 0.039 to 0.077 ounce Au/ton (Jack S. McPartland, 2008), which were significantly higher than the Golden Arrow resources discussed in this report. Further metallurgical testing will also be required to determine the effects of gold grade and sulphide content on heap leach recoveries;
• Thorough review and ranking of significant exploration targets inventory.

Nikolas Perrault, CFA, executive chairman of Fairchild, stated, "The filing of this comprehensive technical report will allow the company to expeditiously wrap up its acquisition of this very promising asset and proceed with its rapid advancement towards mine development."

National Instrument 43-101

The technical report has been written to comply with the reporting requirements of the Canadian Securities Administrators' National Instrument 43-101 -- Standards of Disclosure for Mineral Projects and Form 43-101F1 technical report (NI 43-101 or the instrument, 2011). The technical report can be found under the company's issuer profile at SEDAR+ and on the company's website.

Qualified person statement

Richard R. Redfern, MS, CPG No. 10717, an independent consulting geologist for Fairchild and a qualified person as defined in National Instrument 43-101, has reviewed and approved the scientific and technical information in this news release.

About Fairchild Gold Corp.

Fairchild Gold is a public company engaged in the business of mineral exploration and development of copper, gold and silver assets in mining-friendly jurisdictions across North America. The company is committed to identifying and developing high-quality resource properties in Nevada with strong geological resource potential. Its strategy focuses on creating long-term shareholder value through disciplined exploration, strategic partnerships and responsible development practices.

Fairchild Gold's recently assembled trinity of Nevada properties includes Nevada Titan, Fairchild's flagship property, located in the Goodsprings mining district, Nevada, an area known for historical high-grade copper-gold-platinum-group-element mining. In more recent times, Nevada Titan was also highlighted for its near surface antimony and cobalt potential. That was followed by a MOU (memorandum of understanding) toward the acquisition of the Golden Arrow property in the prolific Walker Lane shear zone, encompassing two principal resource areas, Gold Coin and Hidden Hill, with a combined measured plus indicated and inferred resource base outlined in a National Instrument 43-101 report written by Mine Development Associates.

Finally, Fairchild's Carlin Queen property, an advanced-stage gold-silver project located at the intersection of the Carlin and Midas-Hollister gold trends. Fairchild Gold is leveraging the potential of all these three properties by utilizing the outstanding mineral resources support Nevada provides.

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