Fairchild Gold Corp. Advances Exploration at its Copper Chief Property and confirms Porphyry Rock outcropping on site.
Fairchild Gold Corp. Advances Exploration at its
Copper Chief Property and confirms Porphyry
Rock outcropping on site.
Vancouver, BC – January 6th, 2025 – Fairchild Gold Corp. is pleased to announce the successful
completion of an initial exploration campaign at its Copper Chief property, located in Nevada,
conducted from November 22 to December 12, 2024. This program has delivered significant
results, confirming key geological targets, identifying new mineralized zones, and advancing the
understanding of the property’s copper-gold potential.
Key Achievements from the Current Program:
Sampling at Historic Mines:
Extensive sampling campaigns
were completed across
historic mines, including:
1. Sandy Mines (3 mines)
2. Kingston Mine
3. Rosella Mine
4. Manse 3 and 4 Mines
*These samples are being
analyzed for copper, gold,
and PGE’s, at ALS labs in
Nevada.
Sandy Mine’s Sampling
Recent exploration at the Copper Chief property has revealed a secondary calcite vein system
cutting through altered limestone, surrounded by a well-developed hydrothermal alteration halo.
This halo, exhibiting dark mineral zoning, consists of secondary iron oxides such as goethite and
hematite, indicating oxidation of earlier iron-bearing minerals—potentially pyrite or magnetite.
The presence of calcite veins with alteration halos signifies pathways of hydrothermal fluid flow
through the host limestone and marble, further supporting evidence of metasomatic alteration
within a skarn-associated system. Bornite has also been observed in the Sandy Mine Adit.
Secondary Calcite Vein: White calcite veins cutting through the limestone signify multiple
hydrothermal fluid events. These secondary veins are a product of calcium carbonate deposition
from later-stage mineral-rich fluids, highlighting zones of fluid flow and fracture-controlled
mineralization.
This discovery is particularly promising, as alteration halos are diagnostic indicators of proximity to
mineralized zones in skarn and porphyry environments. The associated secondary iron oxides,
coupled with observed chrysocolla and altered carbonates, suggest a robust hydrothermal
process with potential for further copper mineralization at depth.
New Adit Discoveries in the Wash/Mountain Areas:
Previously undocumented Adits were discovered in the wash area (Lost Mine) and the
adjacent mountain (New Adit), expanding exploration targets and uncovering opportunities
for future sampling and geological assessment.
Porphyry Rock Confirmed in outcrop in the Copper Chief property:
Field teams identified
porphyry rock, a major
milestone that reinforces
the property’s potential
for porphyry-associated
copper and gold
mineralization.
Sampling and mapping
of this area highlight
significant geological
features, positioning it as
a high-priority
exploration target.
Brecciated Marble and Limestones confirmed at Copper Chief (Green and Pink Areas):
Fieldwork in the
Copper Chief area
identified large
marble brecciated
and limestone
brecciated zones
containing
widespread
secondary copper
mineralization.
These thermal
skarn-style
features align with
the presence of
porphyry rock,
pointing to a
robust
mineralized
system.
PCD target on surface
Confirmed and extended from Sandy North Adit to 100 meters to the east.
Identification of a Leach Pad at site (Blue Polygon):
Currently assessing ore-potential of Gold-PGE’s and copper mineralization in this occurrence,
assays pending.
High-Resolution Drone Photographic Survey Completed:
Drone imagery of the property provided critical data for assessing the rugged terrain, particularly
mountain tops that can be accessed within a day. Sampling on these elevated areas confirmed
accessibility and geological potential for further exploration.
Figure 1: Pad discovery and Brecciation Features
Next Steps for Exploration:
1. Helicopter-Assisted Exploration/Mapping
(Late January to Early February 2025):
a. A larger exploration crew will be deployed with helicopter support to access,
sample, and map high-priority areas across the property efficiently.
b. Sampling program for the historic Copper Leach pad, getting volume, tonnage and
metals grade.
2. 3D Structural Mapping (January 2025):
a. A comprehensive 3D mapping campaign will refine our understanding of structural
controls and further delineate exploration targets.
3. Geophysical Surveys:
a. A two-phase geophysical program will commence, probably including:
b. Magnetic Drone Survey to identify subsurface anomalies.
c. Induced Polarization (IP) Surveys in key areas to target sulfide-rich mineralization.
CEO’s Statement:
“This prospecting campaign, completed in a short timeframe, has allowed us to identify porphyry
rocks outcropping at surface and potentially linked to mineralized structures. These findings
suggest that the heat source responsible for generating the mineralizing fluids could be much closer
to the surface than previously anticipated. Such observations were not reported before, even in the
extensive geological mapping conducted by the USGS.
In addition, the campaign has led to the discovery of new mineralized areas that had gone
unrecognized until now. This confirms the potential for multiple significant hydrothermal systems at
depth, likely responsible for the widespread surficial alteration and mineralization observed across
these areas. "
-Luis Martins, CEO of Fairchild Gold Corp.
QP Statement:
Mr. Richard R. Redfern, M.S., C.P.G. No. 10717, is the qualified person as defined by National
Instrument 43-101 who has examined the property on the groun d numerous times since 2003, and
reviewed the geological information available from public sources related to the property and is
responsible for approving the technical contents of this press release.
About Fairchild Gold Corp.
Fairchild is engaged in the business of mineral exploration and the acquisition of mineral property
assets in North America. Its objective is to locate and develop economic precious and base metal
properties of merit and to conduct its exploration program on the Copper Chief Property, Nevada,
and the Fairchild Lake Property in Ontario.
On behalf of the Board of Directors
Luis Martins
Director and Chief Executive Officer
Fairchild Gold Corp.
(866) 497-0284
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