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Gold X2 Mining Inc. reports exploration and project-development updates for its 100%-owned Moss Gold Project in northwest Ontario, Canada. Company news centers on gold drilling, assay results, resource expansion and conversion work, and mineralized zones such as QES and Superion within and around the project's RPEEE pit shell.
Recurring updates also cover NI 43-101 technical reporting for the Moss preliminary economic assessment, annual Canadian disclosure documents, surface exploration along mineralized trends, geophysical and geochemical survey work, and management or sustainability appointments tied to advancing the project through permitting, community engagement, and environmental planning.
Gold X2 Mining (OTCQB: GSHRF) reported that it has filed its second quarter 2026 financial statements and Management's Discussion and Analysis with Canadian securities regulators. The Q2 financials are available on SEDAR+ and in the Investors section of the company’s website.
Gold X2 highlights its 100%-owned Moss Gold Project in Ontario, supported by a 2026 NI 43-101 mineral resource estimate of 2.458 Moz Indicated and 4.209 Moz Inferred gold, plus separate silver resources. A preliminary economic assessment suggests potential for a long-life, low-cost mining operation.
Gold X2 Mining (OTCQB: GSHRF) reported new assay results from 21 infill and expansion drill holes at the Moss Gold Project’s Main and Southwest Zones in Northwest Ontario. Five holes at Moss Main targeted conversion of inferred to indicated resources, including an intercept of 26.65m grading 4.22 g/t Au (uncut 4.85 g/t) with 10.9m at 9.02 g/t Au (uncut 10.5 g/t) in hole MMD-26-415.
Sixteen holes at the Southwest Zone infilled existing drilling and probed resource expansion. Infill holes intersected wider-than-modelled mineralized shears, while seven of eight expansion holes hit mineralization outside the current model, supporting refinement of the geological model and future mineral resource estimate updates.
Gold X2 Mining (OTCQB:GSHRF, TSXV:AUXX) has set July 29, 2026 as the effective date for its previously announced 1-for-6 share consolidation. Post-consolidation common shares will trade on the TSX Venture Exchange under the existing symbol “AUXX”, with new identifiers CUSIP 38076G509 and ISIN CA38076G5095.
No fractional shares will be issued; positions will be rounded to the nearest whole share without cash in lieu. According to the company, there will be approximately 101,110,094 common shares outstanding, and prices/share counts for all convertible securities will be proportionately adjusted. Odyssey Trust will manage the exchange of certificates and DRS statements. The consolidation remains subject to final TSX-V approval.
Gold X2 also highlights its 100%-owned Moss Gold Project in Ontario, reporting a 2026 NI 43-101 mineral resource estimate of 2.458 Moz indicated and 4.209 Moz inferred gold, plus silver resources, supported by over $150 million in project investment and a PEA indicating potential for a long-life, low-cost operation.
Gold X2 (OTCQB:GSHRF, TSXV:AUXX) plans to create a wholly owned subsidiary holding a 1.00% net smelter royalty on any potential future production from the Moss Gold Project and later distribute SpinCo shares to existing shareholders via a court‑approved plan of arrangement, subject to TSXV, regulatory, court and shareholder approvals and definitive agreements. SpinCo shares are initially not expected to be exchange‑listed.
The company has applied to list its common shares on NYSE American and, to meet listing requirements, will seek TSXV approval for a 6:1 share consolidation, reducing about 606.7 million shares to approximately 101.1 million, with standard rounding of fractions and no cash paid in lieu. Consolidation will proceed even if the NYSE American listing or royalty spin‑out do not close. Gold X2 also granted a director 250,000 stock options at $1.12 (five‑year term, staged vesting) and 50,000 restricted share units vesting in one year.
Gold X2 (OTCQB:GSHRF, TSXV:AUXX) appointed lawyer Brad Cornborough to its Board of Directors, effective July 9, 2026, subject to TSX Venture Exchange acceptance. Cornborough brings experience in capital projects, regulatory matters and First Nations agreements, which Gold X2 expects to support advancement of the Moss Gold Project.
Gold X2 Mining (OTCQB:GSHRF, TSXV:AUXX) reported new infill and resource expansion drilling results from the Main Zone at the Moss Gold Project in Ontario.
Six winter holes from Snodgrass Lake intersected mineralized widths 72% wider than modelled, including 32.8m of 1.22 g/t Au and 57.95m of 0.86 g/t Au, supporting a potential in-pit resource expansion ahead of a planned MRE update in Q4 2026 or Q1 2027.
Gold X2 Mining (OTCQB:GSHRF) reported new infill drilling results from the QES Zone at the Moss Gold Project in Ontario. Eighteen holes within the current open-pit shell show mineralized zones averaging 67% wider and 19% lower grade than the current mineral resource estimate.
Key intercepts include 86.0m of 1.37 g/t Au from 314.0m in hole MQD-26-366 and 139.05m of 1.01 g/t Au from 355.95m in MQD-26-378. Fourteen new holes north of QES discovered additional Superion-style shears outside the existing resource, replacing modelled waste with mineralization within the pit shell.
Gold X2 (OTCQB:GSHRF) announced the filing of its first quarter 2026 financial statements and related Management's Discussion and Analysis with Canadian securities regulators. The Q1 Financials are available on SEDAR+ under the company profile and in the Investors section of the Gold X2 website.
Gold X2 Mining (OTCQB:GSHRF) reported new infill and resource expansion drill results from the eastern QES Zone at the Moss Gold Project in Ontario.
Four holes intersected multiple mineralized shears, highlighted by 27.0m of 3.87 g/t Au from 555.0m, including 11.0m of 8.84 g/t Au.
Gold X2 Mining (OTCQB:GSHRF) reported new infill drilling results from the shallow QES Zone at the Moss Gold Project in Ontario. Ten winter-access holes targeted upgrading near-surface Inferred resources to Indicated within the RPEEE pit shell.
Key intercepts include 60.7m at 1.51 g/t Au from 47m in MQD-26-343 and 22.0m at 1.71 g/t Au from 96m in MQD-26-344, with a 2.0m sub-interval grading 15.1 g/t Au. Gold X2 reports drilled zones are globally 44% wider with an average 5% higher grade than the current mineral resource estimate model.