Fairchild Gold Corp. (TSXV: FAIR | FSE: Y4Y | OTCQB: FCHDF) has announced it has engaged TerraEye to conduct a property-wide satellite-based spectral mapping and structural interpretation program at its 100%-owned Golden Arrow Gold-Silver Project in Nye County, Nevada. The program aims to identify alteration signatures and structural targets across underexplored areas of the property beyond the known Gold Coin and Hidden Hill deposits. A final technical report is currently scheduled for delivery in late October 2026. Investors may be watching to see how the results shape Fairchild's next drilling program at Golden Arrow.

Key Points

  • Fairchild Gold Corp. (TSXV: FAIR | FSE: Y4Y | OTCQB: FCHDF) operates the 100%-owned Golden Arrow Gold-Silver Project in Nye County, Nevada
  • TerraEye has been engaged to conduct property-wide satellite spectral mapping, structural lineament interpretation, and AI-assisted pattern recognition across Golden Arrow
  • Golden Arrow hosts an NI 43-101 resource of approximately 295,000 oz gold and 4.36 million oz silver in the measured and indicated categories, per a technical report dated April 23, 2026
  • Investors should watch for the final technical report, currently scheduled for late October 2026, and subsequent exploration prioritisation decisions

Satellite Mapping Targets Underexplored Ground Beyond Gold Coin and Hidden Hill

The TerraEye program is designed to provide an objective, property-wide assessment of surface mineralogical and alteration signatures at Golden Arrow, with particular focus on areas outside the two established deposit centres and around historic mine workings. The analysis will examine spectral signatures, structural lineaments, and image-enhanced features across exposed and partially covered terrain, including the eastern uplands, southern structural domains, and gravel-covered zones. TerraEye will integrate satellite spectral analysis with AI-assisted pattern recognition, and deliverables will include alteration maps, structural interpretations, integrated gold-silver target maps, and exportable GeoTIFF layers accessible through TerraEye's web application.

Golden Arrow's Established Resource Base Frames the Broader Exploration Opportunity

Golden Arrow hosts a current NI 43-101 mineral resource estimate, as indicated in the technical report dated April 23, 2026, comprising approximately 295,000 ounces of gold and 4.36 million ounces of silver in the measured and indicated categories, with additional inferred resources. More than 61,000 metres of historical drilling has been completed on the project since the early 1980s, predominantly concentrated around the Gold Coin and Hidden Hill deposit centres. The broader property contains numerous historic gold-silver prospects and past-producing mine workings that the company states have received comparatively limited modern exploration attention.

TerraEye Integration With Existing Datasets to Refine Drilling Targets

TerraEye's outputs will be compared with Fairchild's existing geological, geochemical, and geophysical datasets, as well as the spatial distribution of historic workings, to identify areas where multiple independent indicators converge. The release states the objective is to strengthen interpretation of the property's broader structural and alteration architecture and help prioritise surface follow-up and potential subsurface exploration targets. The program scope does not include lithological mapping. The qualified person for the scientific and technical content is Richard R. Redfern, M.S., C.P.G. No. 10717, independent consulting geologist for Fairchild. The immediate share price impact was not clear from available public information.