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Fairchild Announces New Director and Corporate Secretary

V.FAIR

(TheNewswire)

Fairchild Gold Corp.

Vancouver, British Columbia – TheNewswire - July 28, 2023 -- Fairchild Gold Corp. (“Fairchild” or the “Company”) (TSXV: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 the Patricia Mining Division, Ontario.

On behalf of the Board of Directors

Robert Rosner

Director and Chief Financial Officer

Fairchild Gold Corp.

rrosner@fairchildgold.com

(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 thisnewsreleaseconstitutes“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 theOffering,theuseofproceedsofthe OfferingandanystatementsregardingtheCompany’sbusinessplans,expectationsandobjectives.Inthisnews release, wordssuch as“may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate”and similarwordsand the negative form thereof are used toidentify 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-lookinginformationisbasedoninformationavailableatthetimeand/ortheCompanymanagement’sgoodfaithbeliefwithrespect 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 additional 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 profile 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 NewsReleaseAnnouncingOffering intentionorobligationtoupdateorreviseanyforward-lookinginformation,whetherasaresultofnewinformation,futureeventsorotherwise,other than as required by law.

Copyright (c) 2023 TheNewswire - All rights reserved.

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