FAIR:CC - Fairchild Gold Corp. Provides Corporate Update on Lake Property Ontario
(TheNewswire)
Vancouver, British Columbia – TheNewswire - January 27, 2023 – Fairchild Gold Corp. (TSXV:FAIR) (“ Fairchild ” or the“ Company ”) is pleased to announce that thegeophysical program at its Fairchild Lake project is scheduled tostart in February.
The geophysical program consisting of a 11 line km ofHigh definition 2D ALPHA IPTM SURVEY, with 50m dipole spacing and aDipole-Pole-Dipole (Reverse & Forward) configuration, willofficially begin with the mobilisation of Simcoe GeoscienceLimited’s team on February 2nd. The program will focus on the Hoeygold showings area and will take advantage of the winter condition tosurvey the interpreted fault zone located beneath the KashaweogamaLake. The survey is expected to last 17 days.
Mr. Patrick Laforest, P.Geo (Québec &New-Brunswick), is the qualified person as defined by NationalInstrument 43-101 who has reviewed and approved the technical contentsof this press release.
About Fairchild Gold Corp.
Fairchild is engaged in the business of acquisition,exploration and development of mineral property assets. Its objectiveis to locate and develop economic precious and base metal propertiesof merit. The Fairchild Lake Property, which currently is theCompany’s principal asset consists of 25 single cell and multi cellclaims (108 cells) covering an area of 2,224 hectares, locatedapproximately 250 kilometers northwest of the city of Thunder Bay inthe Patricia Mining Division, Ontario.
On Behalf of the Board of Directors
Luís Martins
Chief Executive Officer, President and Director
Further information regarding the Company can be found on SEDAR at www.SEDAR.com , by visiting theCompany’s website www.fairchildgold.com or bycontacting the Company directly at (866) 497-0284.
This news release may containforward–looking statements. Forward-looking statements addressfuture events and conditions and therefore involve inherent risks anduncertainties. Actual results may differ materially from thosecurrently anticipated in such statements. Particular risks applicableto this press release include risks associated with plannedproduction, including the ability of the company to achieve itstargeted exploration outline due to regulatory, technical or economicfactors. In addition, there are risks associated with estimates ofresources, and there is no guarantee that a resource will be found orhave demonstrated economic viability as necessary to be classified asa reserve. There is no guarantee that additional exploration work willresult in significant increases to resource estimates. NeitherCanadian Securities Exchange nor its Regulation Services Provider (asthat term is defined in policies of the Canadian Securities Exchange)accepts responsibility for the adequacy or accuracy of thisrelease.
We seek safe harbour
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