9285 203B Street
Langley, British Columbia V1M 2L9

Langley, British Columbia – August 11, 2021 – Fairchild Gold Corp. (TSXV: FAIR) (“Fairchild” or the “Company”) is pleased to announce the appointment of Dr. Sergei Diakov as Senior Advisor and Chairman of the new established Company’s Technical Committee.

Dr. Sergei Diakov is an extremely experienced geologist/manager, who has worked for several large mining corporations in regional geology, structural analysis, geochemistry and geology of ore deposits, prospecting and exploration of various types of ore deposits, incorporating economic assessment of mineral projects, management of exploration programs, management of health and safety, environmental, geological, and social risks.

He has widespread experience working in multicultural environments, building efficient and successful exploration teams. His advanced experience involves several mineral commodities (porphyry copper, gold, nickel, base metals, potash, metallurgical coal and diamonds).

Dr. Diakov has a proven discovery record: leading his BHP team to the original discovery of Oyu Tolgoi Porphyry Cu-Au-Mo deposit in Mongolia and, most recently, he led his AngloGold Ashanti team resulting in a significant copper-gold porphyry discovery Nuevo Chaquiro in Colombia.

Dr. Diakov has a professional reputation of excellent safety performance, effective leadership skills and team building capabilities with a strong discipline and commitment to designing, planning and execution of exploration and development programs.

“We are extremely pleased to welcome Dr. Sergei Diakov to Fairchild’s Technical Committee to assist our exploration efforts on the Fairchild Lake Property, as he bring extensive knowledge with tremendous experience that we can leverage” commented Luís Martins, President and CEO.

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 kilometres northwest of the city of Thunder Bay in the Patricia Mining Division, Ontario.

On Behalf of the Board of Directors

Luís Martins

Chief Executive Officer, President and Director

For further information, please contact:

Robert Coltura

Executive VP Admin

(604) 290-6152

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Company

Fairchild Gold Corp. (TSX-V: FAIR) is a public company engaged in the business of mineral exploration and the acquisition of mineral property assets, specifically gold, in North America. The Company’s primary gold project is the Fairchild Lake Property located approximately 250 km northwest of the City of Thunder Bay, in Northwestern Ontario. The Property lies in the western arm of the Savant Lake greenstone belt.

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