Gold X2 Mining Announces Filing of Q3 Financial Statements

Rhea-AI Summary

Gold X2 Mining (OTCQB: GSHRF) filed its Q3 interim financial statements and accompanying MD&A, now available on SEDAR+.

The company highlights the advanced-stage 100% owned Moss Gold Project in Ontario, noting >$75 million of new capital invested and ~100,000 meters of drilling completed by the company (total project drilling ~255,000 meters).

The 2024 NI 43-101 MRE (effective Jan 31, 2024) reports 1.54 million oz Indicated at 1.23 g/t Au (38.96 Mt) and 5.20 million oz Inferred at 1.11 g/t Au (146.24 Mt). The MRE covers 3.6 km of a 35+ km mineralized trend and the filing references the March 20, 2024 technical report.

Positive

• $75 million of new capital invested in Moss Project
• 100,000 meters drilled by the company on Moss
• Project total drilling of ~255,000 meters
• 1.54 million oz Indicated at 1.23 g/t Au
• 5.20 million oz Inferred at 1.11 g/t Au

Negative

• MRE covers only 3.6 km of the 35+ km mineralized trend

Vancouver, British Columbia--(Newsfile Corp. - November 28, 2025) - Gold X2 Mining Inc. (TSXV: AUXX) (OTCQB: GSHRF) (FSE: DF8) ("Gold X2") is pleased to announce that it has filed its third quarter interim financial statements and the accompanying Management's Discussion and Analysis ("MD&A") which are available on SEDAR+ at www.sedarplus.ca.

About Gold X2 Mining

Gold X2 is a growth-oriented gold company focused on delivering long-term shareholder and stakeholder value through the acquisition and advancement of primary gold assets in tier-one jurisdictions. It is led by the ex-global head of structural geology for the world's largest gold company and backed by one of Canada's pre-eminent private equity firms. The Company's current focus is the advanced stage 100% owned Moss Gold Project which is positioned in Ontario, Canada, with direct access from the Trans-Canada Highway, hydroelectric power near site, supportive local communities and skilled workforce. The Company has invested over $75 million of new capital and completed approximately 100,000 meters of drilling on the Moss Gold Project, which, in aggregate, has had over 255,000 meters of drilling. The 2024 updated NI 43-101 mineral resource estimate ("MRE") has expanded to 1.54 million ounces of Indicated gold resources at 1.23 g/t Au, contained within 38.96 million tonnes and 5.20 million ounces of Inferred gold resources at 1.11 g/t Au, contained within 146.24 million tonnes. The MRE only encompasses 3.6 kilometers of the 35+ kilometer mineralized trend, remains open at depth and along strike and is one of the few remaining major Canadian gold deposits positioned for development in this cycle. Please see NI 43-101 technical report titled: "Technical Report and Updated Mineral Resource Estimate for the Moss Gold Project, Ontario, Canada," dated March 20, 2024 with an effective date of January 31, 2024 available under the Company's SEDAR+ profile at www.sedarplus.ca. For more information, please visit SEDAR+ (www.sedarplus.ca) and the Company's website (www.goldx2.com).

For More Information - Please Contact:

Michael Henrichsen
President, Chief Executive Officer and Director
Gold X2 Mining Inc.

E: mhenrichsen@goldx2.com
W: www.goldx2.com
T: 1-604-404-4335

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276320

FAQ

What did Gold X2 (GSHRF) file on November 28, 2025?

Gold X2 filed its Q3 interim financial statements and accompanying MD&A on SEDAR+.

Where can investors access Gold X2 (GSHRF) Q3 financials and MD&A?

The documents are available on SEDAR+ at www.sedarplus.ca under the company's profile.

How much capital has Gold X2 (GSHRF) invested in the Moss Gold Project?

The company reports it has invested over $75 million of new capital into the Moss Gold Project.

What are the key mineral resource numbers for Moss reported in 2024 for GSHRF?

The 2024 NI 43-101 MRE shows 1.54M oz Indicated @ 1.23 g/t and 5.20M oz Inferred @ 1.11 g/t.

How much drilling has Gold X2 completed on Moss as reported in the filing?

Gold X2 completed approximately 100,000 meters of drilling; the project totals ~255,000 meters of historical and recent drilling.

Does the 2024 MRE cover the entire Moss mineralized trend for GSHRF?

No — the MRE encompasses 3.6 km of a reported 35+ km mineralized trend.