Fairchild Gold Corp. ( (TSE:FAIR) ) just unveiled an update.
Fairchild Gold Corp. has entered an agreement to acquire 72 unpatented lode mining claims adjacent to its Copper Chief Property in Nevada from Koba Resources. This acquisition enhances Fairchild’s exploration potential for porphyry copper-gold and other valuable mineral deposits, bolstering its strategic position in the region. The transaction involves issuing shares to Koba and a net smelter returns royalty, pending approval from the TSX Venture Exchange. This expansion allows Fairchild to capitalize on previous geochemical and geophysical work done by Koba, ensuring continued exploration and development without interruption.
More about Fairchild Gold Corp.
Fairchild Gold Corp. operates in the mining industry, focusing on the exploration and development of mineral properties. Its primary products include copper, gold, silver, and other precious metals, with operations centered on the Copper Chief Property southwest of Las Vegas, Nevada.
YTD Price Performance: -15.09%
Average Trading Volume: 160,574
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$3.26M
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