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FAIR.V ·

Fairchild Announces New Director and Corporate Secretary

Management Changes

FAIRCHILD ANNOUNCES NEW DIRECTOR

AND CORPORATE SECRETARY

Vancouver, British Columbia: July 28, 2023 -- Fairchild Gold Corp. (“Fairchild” or the “Company”)

(TSX.V: FAIR) is pleased to announce that Steven Cozine has joined the Company as a member of the

Board of Directors , as well as taking on the role of Corporate Secretary and sitting as a member of

Fairchild’s Audit Committee. Mr. Cozine’s appointments follow the resignation of Michel Lebeuf from

those positions. Mr. Lebeuf is a highly regarded corporate and securities lawyer who has worked

extensively with the Company’s management team – including Mr. Cozine on other ventures – and will

remain as the Company’s legal counsel . The board extends it great appreciation to Mr. Lebeuf for his

contributions to the development of the Company and is pleased to continue its association with him.

About Fairchild Gold Corp.

Fairchild is engaged in the business of mineral exploration and the acquisition of mineral property assets

in Canada. Its objective is to locate and develop economic precious and base – 2 – LC301738-1 metal

properties of merit and to conduct its exploration program on the Fairchild Lake Property. The Fairchild

Lake Property consists of 25 single cell and multi cell claims (108 cells) covering an area of 2,224

hectares, located approximately 250 kilometers northwest of the city of Thunder Bay in th e Patricia

Mining Division, Ontario.

On behalf of the Board of Directors

Robert Rosner

Director and Chief Financial Officer

Fairchild Gold Corp.

[email protected]

(866) 497-0284

Neither the TSX Venture Exchange nor its Regulation Services Provider (as the term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this news release.

Cautionary Statement Regarding Forward-Looking Information

Certain information contained in this news release constitutes “forward-looking information” or

“forward-looking statements” (collectively, “forward - looking information”). Without limiting the

foregoing, such forward-looking information includes statements regarding the process and completion

of the Offering, the use of proceeds of the Offering and any statements regarding the Company’s

business plans, expectations and objectives. In this news release, words such as “may”, “would”,

“could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” and similar

words and the negative form thereof are used to identify forward-looking information. Forward-looking

information should not be read as guarantees of future performance or results, and will not necessarily

be accurate indications of whether, or the times at or by which, such future performance will be

achieved. Forward-looking information is based on information available at the time and/or the

Company management’s good faith belief with respect to future events and is subject to known or

unknown risks, uncertainties, assumptions and other unpredictable factors, many of which are beyond

the Company’s control. For addit ional information with respect to these and other factors and

assumptions underlying the forward-looking information made in this news release, see the Company’s

most recent Management’s Discussion and Analysis and financial statements and other documents filed

by the Company with the Canadian securities commissions and the discussion of risk factors set out

therein. Such documents are available at www.sedar.com under the Company’s pr ofile and on the

Company’s website, https://fairchildgold.com/. The forward -looking information set forth herein

reflects the Company’s expectations as at the date of this news release and is subject to change after

such date. The Company disclaims any New s Release Announcing Offering intention or obligation to

update or revise any forward-looking information, whether as a result of new information, future events

or otherwise, other than as required by law.